Palm Beach County Monthly Market Report - May May 2025 | Page 12

Closed Sales
Monthly Market Detail- September 2025 Townhouses and Condos Palm Beach County
Summary Statistics
September 2025
September 2024
Percent Change Year-over-Year
Closed Sales Paid in Cash
817 696 17.4 % 509 406 25.4 %
Median Sale Price $ 300,000
$ 315,000-4.8 %
Average Sale Price Dollar Volume
$ 488,944 $ 494,310-1.1 % $ 399.5 Million $ 344.0 Million 16.1 %
Median Percent of Original List Price Received
91.7 % 93.0 %-1.4 %
Median Time to Contract 65 Days 54 Days 20.4 %
Median Time to Sale
105 Days
91 Days
15.4 %
New Pending Sales New Listings
798 1,406
699 14.2 %
1,441-2.4 %
Pending Inventory 1,174 Inventory( Active Listings) 6,914 Months Supply of Inventory 8.8
1,182-0.7 % 6,604 4.7 % 7.6 15.8 %

Closed Sales

The number of sales transactions which closed during the month
Economists ' note: Closed Sales are one of the simplest— yet most important— indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales( and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes( i. e. comparing a month ' s sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next.
Month
Closed Sales
Percent Change
Year-over-Year
Year-to-Date
7,448
-6.5%
September 2025
817
17.4 %
August 2025
820
-4.4%
July 2025
771
-12.4%
June 2025
821
-5.4%
May 2025
941
-17.0%
April 2025
998
-14.4%
March 2025
954
-4.3%
February 2025
685
-6.9%
January 2025
641
1.3 %
December 2024
654
-18.4%
November 2024
584
-25.2%
October 2024
742
-18.9%
September 2024
696
-24.8%
2,500
2021 2022 2023 2024 2025
2,000
1,500
1,000 500
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Thursday, October 23, 2025. Next data release is Thursday, November 20, 2025.