Palm Beach Real Estate Charges Ahead in Q2
Palm Beach Real Estate Q2 Snapshot Palm Beach real estate entered Q2 2026 with several signals of tightening pressure and accelerating deal flow. Median pricing for single-family homes and condos held at $2.2 million, unchanged from Q2 2025, indicating stability rather than retreat. Inventory fell 12% year-over-year to 289 properties, while average days on market slipped to 135. Closed sales were down sharply year-over-year, with sales off 41% in Q2 2026. Supply Strain Deepens These conditions point to constrained market liquidity, with fewer listings available even as properties moved slightly faster. The island’s pricing resilience continued to reflect scarcity, tax advantages, and long-term value perceptions tied to luxury ownership. Recent off-market sales above $30 million underscored how limited inventory continues to intensify competition at the top end of the market. Buyer Profile Holds Firm Buyer demographics also remained important. In the $5 million to $15 million segment,...