November 2025 Palm Beach County Market Update
Abbey Adair January 5, 2026
Abbey Adair January 5, 2026
As we move into the holiday season, the Palm Beach County real estate market is doing what it typically does — slowing slightly, but not slipping.
In October 2025, the average single-family home sold for about $643,000. In November, that number dipped to approximately $605,000. While that may sound like a big change month-to-month, it’s important to zoom out: in November 2024, the average price was around $600,000. Prices are still holding steady year over year.
Many sellers who were unwilling to adjust pricing have opted to temporarily remove their homes from the market for the holidays, which is keeping inventory in check.
The condo market continues to be the slowest segment in Palm Beach County. Inventory remains elevated, and many units are sitting longer than single-family homes. This has been a consistent trend throughout 2025.
Following the Federal Reserve’s recent quarter-point rate cut, mortgage rates briefly increased but have since settled around 6.2%. This is likely the lowest range buyers will see before the end of 2025, making the remaining weeks of the year an important window for those who are prepared.
If you purchased a home in 2025, be sure to apply for Florida’s Homestead Exemption by March 3rd. This exemption can reduce your taxable value by up to $50,000 and limits future tax increases to 3% annually.
As we close out 2025, expect a quieter market through the holidays, followed by renewed activity in early 2026. I’ll be sharing my housing predictions for 2026 in an upcoming update.
If you’re planning your next move, now is the time to talk strategy.
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Abbey Adair | Century 21 Realty Professionals
Palm Beach County REALTOR®
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Market Update
October brought a noticeable jump in activity thanks to mortgage rates slipping back into the mid-6% range.
Inventory for single-family homes sits at around 5 to 5½ months, keeping Palm Beach County in a balanced market.
Thinking about buying or selling? Now’s the time to plan your next move before the market shifts again.
Well-presented, fully renovated homes are still getting close to asking price — sometimes with seller credits.
Florida’s Hometown Heroes Program was created to make homeownership more affordable for the everyday heroes.
These changes reflect growing buyer caution, more competitive listings, and a noticeable slowdown in price momentum.
Affordability remains a challenge—which makes professional guidance even more important.
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