Real Estate Market Report

West Palm Beach Real Estate Market Report — November 2026

Live MLS data for West Palm Beach, Florida. Trends, inventory, and sales metrics updated daily.

Updated November 13, 2026 at 11:41 PM EST

What this means in West Palm Beach

Buyer's Market

Right now in West Palm Beach, there are 1944 homes for sale. Buyers have been closing about 269 homes a month over the last three months. At that pace, it would take about 7.2 months to sell everything currently listed. That is a buyer's market. There are more homes for sale than buyers are taking, so buyers usually have more room to negotiate. The typical sold price is $407,346. Among homes that closed, the median sold price was 96.1% of the median list price of those same sales. 8% of those sales closed above their own list price and 77% sold below their own list price. Once a home goes under contract and closes, it has usually been on the market about 49 days. Sold prices over the last three months are down about 11% compared with the three months before that. More homes are coming on the market (480 new in the last 30 days) than are selling each month, so inventory may keep growing. About 13.8% of today's active inventory is selling each month (the absorption rate). Asking prices average about $253 per square foot, while recent sales average about $270 per square foot.

Market Snapshot in West Palm Beach, FL

New Listings

Listed in the last 30 days vs the 30 days before

480

-5% vs prior 30 days

Prior 30 days: 507

Active Listings

Currently for sale (active MLS inventory, not pending or sold)

1,944

Under Contract

Active Under Contract + Pending

503

Homes Sold / Month

Average closed sales per month over the previous 3 months

269

-22% vs prior 3 mo

Prior 3 mo: 346

Median Sold Price

Median closed-sale price over the last 12 months (sold, not list)

$407K

+5% YoY

Prior year: $388K

Median Days on Market (Sold)

Median days on market for closed sales over the last 12 months

49days

+2% YoY

Prior year: 48 days

Months of Supply

Active listings ÷ sold/month pace (previous 3 months)

7.2mo.

+29% vs prior 3 mo

Prior 3 mo: 5.6 mo.

Absorption Rate

Percent of active inventory sold each month

13.8%

-22% vs prior 3 mo

Prior 3 mo: 17.8 %

Price Trend

Median sold price, last 3 months vs prior 3 months

$378K

-11% vs prior 3 mo

Prior 3 mo: $422K

Median List Price

Median asking price of current active listings (list, not sold)

$350K

Sale-to-List Ratio

Sold price ÷ original list price for closed sales

96.1%

Sold Above Asking

Share of closed sales that sold above list price

8%

Closed Sales

Number of homes sold in the last 12 months

3,585

+12% YoY

Prior year: 3,201

Dollar Volume

Total sold dollar volume over the last 12 months

$2.7B

+30% YoY

Prior year: $2.0B

Market Trends in West Palm Beach, FL

Median sold price

Homes sold per month

Supply vs demand (new listings vs homes sold)

● New listings● Homes sold

Days on market

List $/sq ft vs sold $/sq ft

Median list $/sq ft

$253/sq ft

Sold $/sq ft

$270/sq ft

Computed from live MLS data via the Repliers API · MIAMI + RWorld (Board 175) and MIAMI MLS (Board 177) · updated November 13, 2026 at 11:41 PM EST

Methodology: All figures are computed from live MLS data via the Repliers API for West Palm Beach, FL. Active inventory reflects the current count of homes for sale. Sales metrics cover the trailing 12-month period; “prior year” covers the immediately preceding 12-month period for year-over-year comparison. Months of supply = active listings ÷ (closed sales per month). Stats are updated daily.

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