Palm Beach County Real Estate Market Update: September 2026

How is the Palm Beach County real estate market doing in September 2026?

Palm Beach County single-family homes are a seller's market in September 2026, with 3.6 months supply of inventory, down 28.0% from 5.0 a year ago, and a median sale price of $656,000, up 6.7%. Townhouses and condos remain a buyer's market at 6.8 months supply, even though that supply is down 22.7% from a year ago and the condo median rose 3.3% to $310,000.

Here is how I read it. Fewer homes are coming to market, and the ones priced right are still selling. Single-family active inventory fell 19.6% to 4,481 homes, while closed sales stayed close to last year at 1,132, down 2.7%. The number that caught my attention this month is new pending sales: 1,062 single-family homes went under contract, down 13.7% from a year ago. Buyers are still here, and they are choosing carefully.

I have worked this market since 1989, and a month like this rewards preparation on both sides of the table. Sellers who price with the data are in a strong position. Buyers who know where supply is building have real room to negotiate. Our August 2026 Palm Beach County market update showed 3.5 months of single-family supply, so September moved only slightly month to month. The year-over-year shift is the bigger story.

Single-family homes

The single-family median of $656,000 also edged up from $650,000 in August 2026. Inventory is the headline here: with 4,481 homes on the market, single-family sellers across the county are working with far less competition than they had in September 2025.

Townhouses and condos

Condo inventory is shrinking faster than condo sales: active listings fell 15.3% while closed sales slipped 4.3%. Supply is still above the 6-month line, so condo buyers keep real negotiating room, but that window is narrower than it was in September 2025, when months supply stood at 8.8.

Is it a buyer's or seller's market in Palm Beach County?

It depends on the property type. The standard measure is months supply of inventory, which is how long the current inventory would last at the current pace of sales. Under 4 months is a seller's market, 4 to 6 months is a balanced market, and over 6 months is a buyer's market.

• Single-family homes: seller's market at 3.6 months (5.0 in September 2025, 3.5 in August 2026).
• Townhouses and condos: buyer's market at 6.8 months (8.8 in September 2025, 6.7 in August 2026).

A year ago, single-family homes sat at 5.0 months, in balanced territory. That move into seller's territory is the most important change in this report.

City by city: Palm Beach County and Martin County

Every city moves on its own schedule. These figures follow city limits, not ZIP codes or mailing addresses.

Jupiter

Jupiter single-family homes are the tightest market in this report at 2.8 months supply, with a median sale price of $872,500, up 17.9% from a year ago. New listings rose 34.0% and pending sales rose 7.5%, so new homes are meeting active buyers. Townhouses and condos are also a seller's market at 3.9 months, with pending sales up 14.6%. See current Jupiter homes for sale.

Palm Beach Gardens

Palm Beach Gardens single-family homes are a seller's market at 3.3 months supply, and active inventory fell 24.2% to 254 homes. The median eased 8.3% to $994,000, a reminder that one month of medians reflects which homes happened to close. Townhouses and condos are a seller's market too, at 3.7 months with a $408,500 median, up 8.2%. Explore Palm Beach Gardens homes and communities.

West Palm Beach

West Palm Beach single-family homes moved into balanced territory at 4.1 months supply. The median rose 35.6% to $799,900 on 75 sales with a higher-priced mix this month, so read it as one month, not a trend. Townhouses and condos offer the most buyer room in this report at 8.0 months supply, with a $330,250 median.

Delray Beach

Delray Beach single-family demand picked up sharply: pending sales rose 58.1% and closed sales rose 18.6% to 51. The market is balanced at 4.7 months supply, with a median sale price of $720,000, down 20.9% from a year ago. Townhouses and condos are balanced as well, at 5.7 months.

Boca Raton

Boca Raton single-family homes are a seller's market at 3.4 months supply, with a median sale price of $1,250,000 on 77 sales. Townhouses and condos are a buyer's market at 7.4 months, even with the condo median up 61.3% to $645,000 on 48 sales, a jump shaped by which units closed this month.

Wellington

Wellington single-family homes are balanced at 5.0 months supply, with a median sale price of $722,500 and pending sales up 52.3%. Townhouses and condos are a buyer's market at 7.0 months, on a small number of closed sales (13).

Martin County

Martin County single-family homes are a seller's market at 3.6 months supply, matching Palm Beach County, with active inventory down 18.1% to 682 homes and a median sale price of $600,000, up 5.3%. Townhouses and condos are balanced at 5.1 months, with closed sales up 13.9% to 90 and pending sales up 11.3%. Learn more about Martin County real estate.

What this means for sellers

• Price from today's data. With single-family pending sales down 13.7%, buyers compare carefully, and the right price on day one matters more than any price change later.
• Use the supply advantage. At 3.6 months county-wide, single-family sellers hold the stronger position, and Jupiter (2.8), Palm Beach Gardens (3.3), and Boca Raton (3.4) are even tighter.
• Condo sellers, plan for negotiation. At 6.8 months supply county-wide, sharp pricing, strong presentation, and association documents ready upfront make the difference.
• Know your net before you list. Our guide to what it costs to sell a home in Palm Beach County walks through closing costs line by line.

I walk every seller through the numbers for their own street before we list, because a county median only tells part of the story.

What this means for buyers

• Look where supply is building. Townhouses and condos in West Palm Beach (8.0 months), Boca Raton (7.4), and Wellington (7.0) give you the most room to negotiate.
• Be ready in the tightest cities. Single-family homes in Jupiter (2.8 months), Palm Beach Gardens (3.3), and Boca Raton (3.4) have the least inventory, so have your financing lined up before you tour.
• Watch the balanced markets. Single-family homes in West Palm Beach (4.1), Delray Beach (4.7), and Wellington (5.0) sit in balanced territory, where a well-prepared offer has room to shape terms.
• Remember the trend. Inventory is down for both property types compared with a year ago, so the choices available today are narrower than they were in September 2025.

Frequently asked questions

Is Palm Beach County a buyer's or seller's market right now?

It depends on the property type. In September 2026, Palm Beach County single-family homes are a seller's market at 3.6 months supply, while townhouses and condos are a buyer's market at 6.8 months supply.

Are home prices going down in Palm Beach County?

Not for single-family homes overall. The Palm Beach County single-family median sale price was $656,000 in September 2026, up 6.7% from a year ago, and the townhouse and condo median was $310,000, up 3.3%.

Is inventory going up or down in Palm Beach County?

Down. Compared with September 2025, Palm Beach County single-family active inventory fell 19.6% to 4,481 homes, and townhouse and condo inventory fell 15.3% to 5,858 in September 2026.

Are condo prices dropping in Palm Beach County?

No. The county-wide townhouse and condo median rose 3.3% year over year to $310,000 in September 2026. Condos remain a buyer's market at 6.8 months supply, so buyers still have room to negotiate.

Which Palm Beach County cities are the most competitive for buyers?

In September 2026, Jupiter single-family homes were the tightest at 2.8 months supply, followed by Palm Beach Gardens single-family homes at 3.3 months and Boca Raton single-family homes at 3.4 months.

Is now a good time to sell a home in Palm Beach County?

For single-family sellers, the September 2026 numbers are favorable: months supply fell to 3.6 from 5.0 a year ago, and the median sale price rose 6.7% to $656,000. New pending sales were down 13.7%, so pricing right from day one matters.

Your next move in Palm Beach County

The September 2026 numbers say single-family sellers hold the stronger hand, condo buyers still have room to negotiate, and every city tells its own story. The right move depends on your home, your street, and your timing, and that is exactly what my team and I map out with you.

Thinking about selling? Get your home's value based on today's market.

Ready to buy? Search Palm Beach County homes for sale.

Treu Group Real Estate, 2000 PGA Blvd #4440, Palm Beach Gardens, FL 33408, 561-352-3056.

Source: Florida Realtors SunStats, September 2026 data.

About Lisa Treu

Lisa Treu is CEO of Treu Group Real Estate and has been serving buyers and sellers in Palm Beach County since 1989. She specializes in luxury, waterfront, and new construction homes, with deep expertise in marketing and negotiation. Lisa is the host of Treu Real Estate 911 on WJNO and a featured host on American Dream TV. She is a wife, mother of two, and grandmother of three who loves where she lives and sells, and she brings that same commitment to every client moving to or within Palm Beach County.