Market Report: 2025 JanuaryPalm Beach Gardens Single Family, Townhouse & Condo
The Palm Beach Gardens real estate market remains active as new inventory continues to enter the market. While homes are selling, median time-to-contract data suggests buyers are taking more time to make decisions, and negotiations are playing a role in final sale prices.
Single-Family Homes
The single-family home market in Palm Beach Gardens saw steady activity, with closed sales and pending contracts reflecting continued buyer interest. However, homes are taking longer to go under contract, with a median of 71 days.
- Closed Sales: 55
- Median Sales Price: $1,021,482
- Percent of Original List Price Received: 91.1%
- Median Time to Contract: 71 days
- Pending Sales: 94
- New Listings: 157
Townhouses & Condos
The townhouse and condo segment remains active, though properties in this category are taking longer to secure contracts, with a median time of 93 days. Sales prices are lower than single-family homes, making them a more affordable entry point into the Palm Beach Gardens market.
- Closed Sales: 41
- Median Sales Price: $405,000
- Percent of Original List Price Received: 90.8%
- Median Time to Contract: 93 days
- Pending Sales: 44
- New Listings: 123
What This Means for Buyers and Sellers
Sellers should be mindful of current pricing trends, as properties are closing below their original list prices. Competitive pricing and strategic marketing remain key factors in attracting serious buyers.
For buyers, the increase in new listings provides more opportunities, but the longer time-to-contract indicates they are taking more time to assess options. Understanding local trends can help in making competitive yet well-informed offers.
If you are planning to buy or sell in Palm Beach Gardens, having a clear strategy is essential. Click here to schedule a personal consultation.