Informed. Connected. Palm Beach.
Elizabeth DeWoody shares why the latest market numbers highlight the importance of preparation as Palm Beach heads into its busiest season.
Setting the Stage
Every August tells a story about where the Palm Beach market stands before season begins. This is the time when serious sellers prepare to debut their listings and savvy buyers quietly begin their searches. While the Island may feel calm now, the data shows that beneath the surface, the Palm Beach real estate market is as competitive and complex as ever.
Prices are climbing, inventory remains tight, and homes are taking longer to sell. Yet, despite these dynamics, Palm Beach continues to prove its strength as one of the most desirable and resilient luxury markets in the world. As we move into the fall and winter months, these numbers serve as both a guide and a reminder: preparation is everything.
Market Metrics: August 2024 vs. August 2025
Median Sale Price
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August 2024: $8,062,127
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August 2025: $9,289,688 (+15.2%)
Homes Sold
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August 2024: 8
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August 2025: 4 (−50%)
Median Days on Market
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August 2024: 260 days
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August 2025: 501 days (+92.7%)
The Palm Beach Market Is Holding Strong
Palm Beach continues to prove itself as a market built on scarcity and exclusivity. Despite fewer transactions this August, the median sale price rose 15.2 percent year-over-year, pushing the number over $9 million. This shows sustained demand at the very top of the market.
At the same time, homes are taking longer to sell, with median days on market nearly doubling. This reflects both deliberate buyer decision-making and the expectation that properties be flawlessly presented and strategically priced.
Why Timing Matters: Season Is Approaching
As Palm Beach approaches its winter season, the busiest months of showings, open houses, and transactions, these numbers highlight why early preparation is critical.
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For Sellers: Listings that hit the market polished, priced, and positioned correctly by October or early November stand out when the highest number of qualified buyers arrive. Homes that wait until mid-season risk competing against better-prepared inventory.
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For Buyers: With prices climbing and inventory tight, now is the time to begin private previews, secure financing if needed, and work with an advisor who can uncover off-market opportunities.
In Palm Beach, success favors the prepared and proactive.
Neighborhoods in Focus: Palm Beach Single-Family Homes
North End
Peaceful and highly desirable, the North End offers larger lots, new construction, and a laid-back island lifestyle. Residents enjoy private cabanas, direct Lake Trail access, and membership at iconic clubs such as Palm Beach Country Club, Sailfish Club, and The Beach Club. Buyers here value both sunrise oceanfront estates and sunset Intracoastal homes with deepwater docks.
In-Town
The cultural and social heart of Palm Beach. Walkable to Worth Avenue’s luxury boutiques, fine dining, and historic landmarks, In-Town is defined by Mediterranean architecture and sophistication. A favorite for buyers who want convenience and elegance at their doorstep.
Estate Section
Ultra-exclusive, the Estate Section is known for opulent mansions, sky-high hedges, and sweeping properties stretching from ocean to lake. This area is tied to Palm Beach’s most historic clubs, including the Bath and Tennis Club and Mar-a-Lago. Estates often include private beaches, lakeside docks, and manicured landscapes.
Billionaire’s Row
Perhaps the most coveted address on South Ocean Boulevard, this stretch is home to some of the world’s most prestigious waterfront estates. Billionaire’s Row offers unmatched privacy, spectacular ocean views, and proximity to Palm Beach’s best amenities—making it one of the most influential luxury corridors in the world.
Elizabeth’s Insight
“Palm Beach season is when the world’s most discerning buyers are here in person and ready to make decisions. If you are serious about selling, the time to prepare is now. If you are buying, align with an advisor who can move quickly when the right opportunity surfaces.”
— Elizabeth DeWoody, #1 Compass Palm Beach Agent
What This Means for You
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For Buyers: Rising prices prove demand is steady. If you wait until peak season, you may face more competition and fewer choices. Preparing now gives you the edge.
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For Sellers: Longer days on market mean you cannot rely on prestige alone. Presentation, marketing, and positioning need to be perfected before the influx of seasonal buyers.
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For Investors: Palm Beach remains one of the most resilient markets in the world. Holding or acquiring assets here continues to deliver long-term preservation of wealth.
Ready for Season?
With Palm Beach season about to begin, now is the moment to prepare. Work with an advisor who understands not only the numbers but the rhythm of this unique market.
Explore active and private listings with Elizabeth DeWoody at elizabethdewoody.com, or schedule a private consultation today.
📩 Contact Elizabeth
📞 561-308-0931
