Breaking
New Listings (Natl.)412.6K
+3.4%WoW
30-Yr Mortgage6.41%
-22 bpsWoW
PropTech Funding (Q1)$2.8B
+11.2%YoY
NAR Membership1.46M
-2.1%YoY
Median DOM (Lux.)61 days
-5.0%YoY
Luxury Median (Natl.)$4.2M
+5.3%YoY
Market · South Florida, FL

Palm Beach

Island ultra-luxury; rate-insensitive demand, persistently thin inventory, out-of-state wealth migration still the dominant force.
Share
Median Price$3.95M
+6.4% YoY
Luxury Median$9.40M
top-tier segment
Days on Market61
-4.2% YoY
Active Inventory214
-8.1% YoY
Median sale price · trailing 12 moSynthetic watched by 412 members

What moved & why

Market PulseFrom Inman editorial

Palm Beach held firm overnight: median $3.95M (+6.4% YoY), DOM tightening to 61 days, inventory still thin (-8% YoY). The island remains rate-insensitive — this week's 22 bps decline matters more to your West Palm mainland mid-market than to oceanfront trophies. Out-of-state wealth migration is still the dominant force, keeping pricing power with sellers. Net: a strong list-now backdrop heading into season's end.

Per Inman markets coverage: Palm Beach closed the season up 6.4% YoY on historically thin inventory, with out-of-state wealth migration the dominant demand driver.

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