Palm Beach Gardens home sale report: prices, sale-to-list and days on market

The headline numbers

1,734 homes closed in Palm Beach Gardens over the trailing twelve months at a median of $816,250.

762 listings are currently active, of which 737 are residential, asking a median of $898,000.

259 are under contract, roughly a third of the active count.

Sold listings averaged 48 days on market. Active listings are averaging 78.

The active inventory prices at a median $418 per square foot, the third highest in this set.

All figures were measured on 25 September 2026 and describe a market that moves, so treat them as a snapshot.

The newest established housing stock in the county

Only 47% of active listings were built before 2000 and just 15% before 1980. The median year built is 2003.

35% were built in 2010 or later, the highest share of any established city in this set apart from Westlake and Lake Park.

That profile changes what selling here involves: age-related inspection findings are simply less common.

Insurability is easier as a result, which widens your financed buyer pool rather than narrowing it.

Only 70 active listings are in buildings of three storeys or more, so the milestone inspection question affects relatively few sellers.

The practical effect is that presentation and pricing carry more weight here, because condition is less often the issue.

Sale-to-list: what sellers actually achieved

Homes here closed at a median 93.6% of their ORIGINAL asking price.

88% of sales closed below what the seller first asked, a high proportion.

On the $816,250 median that 6.4% gap is roughly $52,000, which exceeds a negotiated commission at the lower end.

The active asking median of $898,000 against an $816,250 median close tells the same story from the other direction.

Measured against the final reduced list price almost any market looks like 100%, which is why the original number is the honest one.

At these prices a modest percentage error is a very large sum, which makes the opening price decision consequential.

Days on market, read properly

Sold listings averaged 48 days from listing to accepted offer. Active listings are averaging 78 and still waiting.

That 30-day spread means the slower half of the current inventory is priced ahead of what buyers will pay.

259 listings under contract against 762 active is a healthy forward book and suggests steady absorption.

It does not mean the market takes 78 days. Correctly priced homes took 48 and overpriced ones are still waiting.

Add board approval time in a gated community, because that schedule sets your realistic closing date.

Plan your move from the 48-day figure plus approval time.

A single-family market, unlike most of the county

482 active listings are single-family homes, 130 are townhouses, 123 are condominiums and 19 are land.

That single-family dominance is unusual: most cities in this set are condominium-led.

It explains the association fees, which median $525 a month, well below Boca Raton at $715 or Jupiter at $898.

A single-family association with newer infrastructure carries lower dues than an older condominium with a building to maintain.

The interquartile range runs from $459,000 at the 25th percentile to $1,799,000 at the 75th.

Only 8% of active residential listings are in age-restricted communities, so this is a family and move-up market.

That shapes the buyer: financed, often relocating for work or schools, and comparing carrying cost against new construction.

New construction is genuine competition

82 active listings here are new construction, the second highest count of any city in this set.

That matters to a resale seller: a builder can offer rate buy-downs, closing credits, design choices and a structural warranty.

They can also wait, because their cost of carrying inventory differs from yours.

What you have that a builder does not is a finished home available now, with mature landscaping, window treatments and appliances.

Immediate availability is worth real money to a buyer working to a school calendar rather than a construction schedule.

Renovating to compete with new construction is generally a losing game, because you cannot match the warranty.

Waterfront, pools and the amenity profile

31% of active residential listings are waterfront, largely lake and canal frontage within the communities.

35% have a pool, the second highest share in this set, so a pool is close to an expectation at this price level.

Pool cage and enclosure permits are therefore a routine item in a permit search, and an unpermitted enclosure can affect an appraisal.

8% are on septic and 3% on well, mostly in the larger-lot pockets, and both are inspected by any competent buyer.

90% of the stock is concrete block, which helps insurability.

Where a golf community is involved, membership structure and any mandatory fees are part of what a buyer is assessing.

Buyers ask about those early, because a mandatory membership changes their monthly cost materially.

The rental market, if you are weighing selling against letting

610 rental listings are active here at a median asking rent of $3,700 a month.

Against an $816,250 median sale price that is roughly 5.4% of value annually before costs, one of the weaker ratios measured.

That matters: the numbers do not favour holding as a rental here as strongly as in the lower-priced inland cities.

Costs then take a real bite: association dues at a $525 median, insurance, taxes, maintenance, vacancy and management.

Leasing restrictions in many associations remove letting as an option entirely, so check your documents before assuming it.

At this price level the capital gains position frequently matters more to the decision than the yield, and that belongs with a CPA.

What this means if you are listing now

Price from closed sales in your own community rather than from the city asking median, which runs above what transacts.

Expect to achieve somewhere near 93.6% of a correctly set original asking price.

Plan for roughly 48 days to an accepted offer plus board approval time.

Compete against new construction on availability, landscaping and finished extras rather than on renovation.

Gather your pool enclosure and any addition permits before listing, since an appraiser may exclude unpermitted work.

Ask us for a valuation and you will see the specific sales it rests on and what we adjusted for.