Palm Beach County has one of the most active residential real estate markets throughout the state. Since the onset of the pandemic, Palm Beach County has experienced a substantial acceleration in its growth rate driven by out-of-state residents and companies relocating to the area.
During the month of April 2022, overall home sale transactions in Palm Beach County declined by 25.9% (year-over-year) with pending inventory also declining by 28.7%. However the median sale price continued it’s climb to $441,000, an increase of 24.2% (year-over-year).
The market across the communities with Palm Beach County is diverse, ranging from traditional suburban neighborhoods to golf course communities, oceanfront condominiums and a vibrant downtown core in the heart of the county. With a April 2022 median sale price of $8.5 million, the Town of Palm has some of the most expensive housing not only in Florida but throughout the world.
The following market reports (as of April 2022) provide an update on the state of housing in the following Palm Beach County local area communities:
- Boca Raton
- Boynton Beach
- Delray Beach
- Jupiter
- Lake Worth Beach
- North Palm Beach
- Palm Beach
- Palm Beach Gardens
- Riviera Beach
- Royal Palm Beach
- Singer Island
- Tequesta
- Wellington
- West Palm Beach
