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Palm Beach County Home Sales Rise in January 2026 as Prices Increase and Luxury Segment Accelerates
Palm Beach County’s single-family home market kicked off 2026 with solid momentum, showing year-over-year gains in both sales volume and prices—particularly at the high end.
According to the latest January 2026 market reports:
- Closed sales increased 10.2% year-over-year, with 937 single-family homes sold compared to 850 in January 2025.
- The median sale price rose 7.7% to $700,000.
- The average sale price climbed 6.2% to $1,507,693, highlighting continued strength in higher price points.
- Total dollar volume surged 17.1% year-over-year, reaching $1.4 billion.
Luxury sales were a major driver of market activity. Homes priced at $1 million and above saw a robust 27.2% increase in closed sales. Notable gains were recorded in several ultra-luxury segments, including:
- $3M – $4.999M category, up 50.0%
- $5M – $9.999M category, up 38.1%
Despite heightened buyer demand, inventory remains tight. Active listings edged down 1.0% year-over-year to 6,073 properties, resulting in a 5.2-month supply of inventory—still near balanced market conditions.
Homes are taking slightly longer to sell in the current environment. The median time to contract increased 16.7% to 49 days, and the median time from listing to closing rose 12.0% to 93 days. This suggests that while buyers remain active, they are being more deliberate in their decision-making and due diligence.
“Palm Beach County is entering 2026 with strong demand and healthy price growth, especially in the luxury market,” said Jonathan Dolphus, President of Broward, Palm Beaches & St. Lucie Realtors®. “As market conditions continue to evolve, working with a knowledgeable local Realtor® is more important than ever for successful pricing strategies, skilled negotiations, and informed decisions based on neighborhood-specific trends.”
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