Monthly Market Detail- May 2025 Townhouses and Condos Palm Beach County
New Listings Inventory
New Listings by Initial Listing Price
The number of properties put onto the market during the month
Economists ' note: New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value— and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings.
400 350 300 250 200 150 100 50 0
Economists ' note: There are a number of ways to define and calculate Inventory. Our method is to simply count the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Inventory rises when New Listings are outpacing the number of listings that go off-market( regardless of whether they actually sell). Likewise, it falls when New Listings aren ' t keeping up with the rate at which homes are going off-market.
1,400 1,200 1,000 800 600 400 200
0
Less than $ 50,000
Less than $ 50,000
May 2024 May 2025
$ 50,000- $ 99,999
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
May 2024 May 2025
$ 150,000- $ 199,999
$ 200,000- $ 249,999
Inventory by Current Listing Price
The number of property listings active at the end of the month
$ 200,000- $ 249,999
$ 250,000- $ 299,999
$ 250,000- $ 299,999
Initial Listing Price New Listings
Percent Change Year-over-Year
Less than $ 50,000 17 112.5 % $ 50,000- $ 99,999 68 30.8 % $ 100,000- $ 149,999 149 21.1 % $ 150,000- $ 199,999 141-30.5 % $ 200,000- $ 249,999 143-11.2 % $ 250,000- $ 299,999 154-26.3 % $ 300,000- $ 399,999 261-21.9 % $ 400,000- $ 599,999 248-3.5 % $ 600,000- $ 999,999 127-26.6 % $ 1,000,000 or more 141 14.6 %
$ 300,000- $ 399,999
Current Listing Price Inventory
Percent Change Year-over-Year
Less than $ 50,000 17 13.3 % $ 50,000- $ 99,999 399 122.9 % $ 100,000- $ 149,999 840 34.8 % $ 150,000- $ 199,999 879 4.1 % $ 200,000- $ 249,999 809 19.7 % $ 250,000- $ 299,999 815 17.4 % $ 300,000- $ 399,999 1,252 17.6 % $ 400,000- $ 599,999 1,164 27.2 % $ 600,000- $ 999,999 809 15.4 % $ 1,000,000 or more 1,096 21.0 %
$ 300,000- $ 399,999
$ 400,000- $ 599,999
$ 400,000- $ 599,999
$ 600,000- $ 999,999
$ 600,000- $ 999,999
$ 1,000,000 or more
$ 1,000,000 or more
400 350 300 250 200 150 100 50 0
1,400 1,200 1,000
800 600 400 200 0
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 Monday, June 22, 2025. Next data release is Wednesday, July 23, 2025.