Palm Beach County Market Update April 2026

Palm Beach County Housing Market Update - April 2026

The Palm Beach County housing market continues to shift as we move further into spring 2026, and the biggest story right now is the single-family home market.

Inventory is tightening again, demand remains strong, and the market is leaning more toward sellers than it has in quite some time.

Single-Family Homes Are Gaining Momentum

As of April 2026, Palm Beach County is sitting at just 4.4 months of inventory for single-family homes, down from 4.7 months in March. That may not sound like a huge change, but it continues a trend we’ve been watching closely over the past several months: inventory is shrinking while buyer demand remains active.

The median sales price for a single-family home increased from $645,000 in March to $650,000 in April, keeping prices right in line with where they were this time last year.

At the same time, average days on market are down nearly 10% year over year and compared to last month. Homes are moving faster, especially when they are priced correctly and show well.

What does this mean for sellers?
If you’ve been considering listing your home, this may be one of the strongest windows we’ve seen in recent months.

Buyers Need to Be Ready

For buyers, this market requires preparation and speed.

With inventory tightening, buyers are feeling the lack of options. Well-priced homes are attracting attention quickly, and waiting too long to make a move can mean missing out.

Mortgage rates are still hovering around 6.5%, and while many buyers continue hoping for a dramatic rate drop or market crash, those scenarios appear increasingly unlikely in the near future.

The reality is that the market is moving now. Buyers who are prepared with financing, a strong strategy, and an experienced Realtor are putting themselves in the best position to succeed.

The Condo Market Continues to Move Slower

The condo market remains a completely different story.

Many condo communities still have elevated inventory levels, and properties are sitting longer than single-family homes. In some communities, the amount of competition is significant.

For example, I currently have a condo listed for $86,000, and there are 17 one-bedroom units for sale in that same community with only one currently under contract.

This is the reality many condo sellers are facing right now.

That said, there are opportunities in the condo market for buyers who are patient and willing to do their due diligence. There are good deals available, but it’s important to fully understand:

• association finances

• reserves

• insurance

• assessments

• milestone inspections

• long-term building stability

In this type of market, having a skilled Realtor guiding you through the process matters more than ever.

Final Thoughts

Palm Beach County continues to show strength overall, especially in the single-family segment.

Inventory is tightening.
Homes are selling faster.
Buyer demand remains active.

Meanwhile, condos continue to require patience, strategy, and careful research.

Whether you’re thinking about buying, selling, or simply trying to understand where the market is heading, having the right guidance can make all the difference.

If you’re interested in discussing your goals or creating a strategy for today’s market, I’d love to help.

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