OCT. 2025 Palm Beach County Market Update

by Abbey Adair

🏡 Palm Beach County Market Update — October 2025

Single-Family Homes Surge While Condos Stay Flat

Palm Beach County’s real estate market continues to show a split personality — solid momentum for single-family homes and a much slower pace for condos. Here’s a clear look at what’s happening and why.

🌡️ Single-Family Homes: Momentum Is Back

October brought a noticeable jump in activity thanks to mortgage rates slipping back into the mid-6% range.

With improved affordability, buyers stepped back into the market, and the numbers prove it:

$615,000 → $643,000 average sale price from September to October
Nearly 20% more closed sales than this time last year
Inventory holding steady at 5 months

This sector remains balanced, competitive, and strong, especially for homes that are updated and well-priced.

🏢 Condos: Slow All Year, and Still Slow Now

The condo market in Palm Beach County has been sluggish throughout 2025 — and that pattern continued in October.

About 9 months of supply
70+ days on market
Little to no price appreciation for sellers

While the MLS reports a $315,000 median for condos/townhomes combined, individual condo sellers generally aren’t seeing year-over-year gains. Buyer caution, elevated costs, and stricter financing requirements have kept this segment stagnant.

🔍 Why This Isn’t a Market Crash

The contrast between the two segments can look confusing, but it’s not a crash — it’s a market adjusting differently across property types.

Single-family homes respond quickly to rate movements and are showing strong demand.
Condos face structural challenges that make buyers more selective.

Both trends have been consistent throughout the year.

📅 Year-End Outlook

Lower rates, seasonal motivation, and homestead deadlines should keep activity strong through November and December — particularly for single-family homes.
Investors may find opportunities in the condo sector, especially where sellers are motivated.

💬 Need Help Navigating This Market?

Whether you’re buying, selling, investing, or trying to move a condo that’s been sitting, having the right strategy matters more than ever.

Contact me anytime — I’d love to help you plan your next move.

Abbey Adair, REALTOR® | Century 21 Realty Professionals
“You’ll Always Have the A+ Advantage with Me ✏️🍎🔑🏡”