Palm Beach County Monthly Market Report - May May 2025 | Page 14

Closed Sales
Monthly Market Detail- May 2026 Townhouses and Condos Palm Beach County
Summary Statistics
May 2026
May 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
1,003 941 6.6 % 622 547 13.7 %
Median Sale Price $ 345,000
$ 330,000 4.5 %
Average Sale Price Dollar Volume
$ 639,413 $ 620,042 3.1 % $ 641.3 Million $ 583.5 Million 9.9 %
Median Percent of Original List Price Received
92.1 % 90.1 % 2.2 %
Median Time to Contract 69 Days 60 Days 15.0 %
Median Time to Sale
108 Days
101 Days
6.9 %
New Pending Sales New Listings
1,024 1,320
901 13.7 %
1,449-8.9 %
Pending Inventory 1,643 Inventory( Active Listings) 6,501 Months Supply of Inventory 7.7
1,364 20.5 % 8,080-19.5 % 10.2-24.5 %

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
May 2026
4,579
1,003
8.5 % 6.6 %
April 2026
1,060
6.2 %
March 2026
1,061
11.2 %
February 2026
758
10.7 %
January 2026
697
8.7 %
December 2025
858
31.2 %
November 2025
705
20.7 %
October 2025
768
3.5 %
September 2025
817
17.4 %
August 2025
820
-5.4%
July 2025
771
-12.4%
June 2025
821
-5.2%
May 2025
941
-17.0%
2,000
2022 2023 2024 2025
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
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 10th day of the following month. Data released on Tuesday, June 16, 2026. Next data release is Friday, July 17, 2026.