Palm Beach County Housing Market Update: Is the Media Lying

Palm Beach County Real Estate Market Update (Single Family Homes) July 2025

Palm Beach Real Estate Market Update July 2025

Palm Beach County Housing Market Update: Is the Media Lying?

Thinking about buying or selling a home in Palm Beach County? You’ve probably seen the scary headlines about the housing market, but what do the real numbers say? Today, we’re breaking down the most important real estate stats—including home prices, days on market, and inventory levels—to give you a clear, no-nonsense look at the Palm Beach County housing market. Stay tuned, because we'll reveal why some of the most popular stats are also the most misleading. This video is for those interested in Buying or Selling Single Family Homes in Palm Beach County.

I make these videos because any Realtor can show you pretty pictures of homes and open a front door for you, but when it comes down to actually making a purchase or sales decision on real estate, you want someone who will aggressively negotiate Contract Terms and be an advocate on your behalf. Someone with a track record of success who knows real estate market statistics cold during value negotiations, otherwise you could leave a lot of money on the table.

My name’s Casey Prindle. I’m a Realtor based in Jupiter, and every month I break down what’s actually happening in the Palm Beach County real estate market. This report includes everything from median pricing and sales volume, to inventory shifts, list-to-sale ratios, and what I’m seeing day to day.

Let's dive into the July 2025 Jupiter Real Estate Market Report for Palm Beach County.

The median price of a single family home in Palm Beach County is now $675,000.

For those of you new to following me, ignore median pricing. I put this stat out there because people want to see it, but it doesn’t make a whole lot of sense in our market.  Why? Because we have oceanfront, agriculture, and everything in between.  If we were just a market around a city center with tighter spreads it would be more useful in my opinion. But you make your own judgement call there. So what do you think is knowing the median price important to you? Leave me a comment down below and let me know your thoughts.

Big picture, for the last 2 years our prices have been pretty level.  The media doesn’t seem to want to point this out. Also of note, our pricing isn’t cratering!

Total number of homes sold in Palm Beach County:

While median pricing may not be valuable in my opinion, the number of homes sold certainly is. We’re down from last month, is that a surprise, not if you watched last months video it’s not! Sales peak in May and go down until January.  That’s the cycle in Palm Beach County.  Year after year. The only real concern here would be if they dipped below last years levels during the low point. Year over year we’re really only down from 1,160 sales to 1,022 sales.  That’s 138 total sales we’re off by throughout the entire county.  Folks the market isn’t as bad as the papers are saying, at least for single family home sales.

List to sales price ratio in Palm Beach County:

For those of you knew to this analysis, list to sales price is the percentage of original listing price properties are selling for.  A higher number favors sellers, a lower number favors Buyers as it shows more room for negotiation and price reductions are happening. I point this chart out to note a few things.  We’re at roughly 95% of listing price, where we’ve been going on 3 years now.  This isn’t the sign of a panicked market or blood in the water. What it does show, Sellers I’m talking to you, is that you will very likely have to negotiate on offers that come in. If you’re inflexible you may be left out in the cold.  

If you’re looking to purchase a home in Palm Beach County, please do one of the following. Give me a call or text at (786)443-7203, and tell me where you are in your home search and what you’re looking for. If you don’t want to call me because I somehow scare you, email me at caseyprindle@gmail.com and tell me what you’re looking for.

Days on market, or time it takes to sell a home in Palm Beach County:

The days of market are going to be the number of days a home is actively listed before going to pending sale.  This is not how long it takes to close, just to go from active to pending. So we’re up from 40 days to 47 days year over year.  Look left on this chart. 35 days on market is what I would say is about the midpoint on this chart if you look across it. So 47 days days feels like it’s a bit longer than it’s been, and I think that’s right.  I’ll be honest I’m seeing a lot of properties stagnate on the market with a whole lot of them 6 months plus into a listing agreement. I think Sellers are really going to want to keep an eye on this headed into the fall.  If sales slow this will likely uptick which can change a Sellers timeline.

Median price per square foot of home sales in Palm Beach County:

If you’ve listened to me for a few months, tune this out, it’s the same thing still. Median price per square foot of Palm Beach home sales, still on the high side of this chart, but kind of flattening out. This has been happening for the last year. The good stuff is selling and the good stuff costs more. I just keep saying this. If we break below $300 a foot or above $400 a foot I’ll give a more detailed analysis.  For now, we just keep bouncing around.

Total dollar volume of Palm Beach County Home Sales:

So I enjoy doing this to illustrate my point of view about our swings in home sale pricing and why some stats are not reliable in Palm Beach County.  There were just over 1,000 home sales right? Let’s just take the top 25 sales.  How much volume did the top 25 sales contribute to the overall volume of over $1.265 billion in sales? The answer, just over $342 million.  So 2.5% of the number of sales made up 27% of the volume.  See what I mean? If a handful of higher dollar sales didn’t take place last month the chart gets wrecked. It’s not that the market was significantly better or worse than the prior month, it’s just that the ultra luxury took a month off.  Wild right?

There’s a lot of data out there about Palm Beach County real estate statistics.  You can find data on all of Jupiter in my videos.  But what about those who live in specific places like Jupiter Farms (where I live), or zip code 33458.  There is no data set like that, so I created it and put together a report covering the last 5 years.  If you’re thinking of Buying or Selling a home in Jupiter please call, or text me at (786)443-7203, and ask for a copy of the report.  I’ll be happy to email it over.  I think it’s really interesting data, and I created it for free to give out with no obligation, so call or text me (786)443-7203.

Months of housing inventory for sale in Palm Beach County

I’ve saved the best stat, in my opinion, for last.  Less inventory is good for Sellers and bad for Buyers.  What changes this is chart is one of two things.  A change in the pace of sales, a change in the number of listings. Here’s how I read this chart. First, nationally people consider 6 months of supply to be market neutral favoring neither buyers nor sellers.  Locally I would say if you did some line drawing were at around 4 months as a balanced market.  I will say it feels like it’s easier to be a Buyer than a Seller right now, that’s my boots on the ground doing this everyday opinion.  Anyways, supply is up over 8% year over year.   Meaning Buyers have more choice than they did a year ago which is great for them.  But this chart looks like it’s headed down right? How’s that possible, I thought supply was through the roof and there was blood on the streets, not so. That’s some nonsense media hype. What we see is supply coming down meaning it’s actually getting tougher for Buyers as less homes are currently for sale.  It also means something I’ve been saying for a few months, Sellers are just expiring or cancelling listings and just saying I don’t want to play, I’m picking up my ball and going home.  There’s not a lot of pressure when we have a lot of properties owned for cash and a lot with very low mortgage debt and interest rates. 

The easiest way to find me is just to call me.  My cell number is 786-443-7203.  Don’t be shy. Don’t just lurk on my videos, give me a call, let’s chat. I sincerely appreciate each and every one of you that watches these videos. Whether you’re thinking of Buying or Selling a property, and that includes Land and Commercial properties, pick up that phone!  

That’s what I have for you guys this month. As always thanks for watching, and I’ll see you next month.