Palm Beach Single-Family Market Update: November Year-Over-Year
Palm Beach’s November numbers point to a market moving with intention. The median sale price dipped 11.1% year-over-year, from $11.7M to $10.4M, while closed sales declined from six to four. Median days on market increased to 123, a signal that buyers are weighing options more carefully and responding to pricing with greater scrutiny.
Even with softer top-line metrics, motivated buyers continue to transact, particularly in well-located neighborhoods where land value, architectural quality, or lifestyle access remain clear differentiators. November closings ranged from $6.1M to $16.99M, with a concentration of activity in the North End, In Town, and the Estate Section.
November 2025 Closings
-
130 Seaspray Ave — In Town — $9,250,000
-
240 El Dorado Ln — North End — $6,100,000
-
260 N Woods Rd — North End — $11,500,000
-
142 Via Palma — Estate Section — $16,990,600
November 2024 Closings
-
138 Root Trail — In Town — $6,112,500
-
345 Pendleton Ln — In Town — $13,375,000
-
310 Australian Ave — In Town — $11,252,500
-
217 Via Linda — North End — $6,700,000
-
1446 N Ocean Blvd — North End Oceanfront — $81,000,000
-
232 Sandpiper Dr — North End — $12,100,000
What This Means for Buyers
Buyers are navigating a market where patience is being rewarded. Longer days on market are creating room for strategic negotiation, especially on properties that lack water exposure, need updates, or entered the market with ambitious pricing. However, premium inventory—newer construction, estate-section addresses, or meaningful land value—continues to draw significant attention and holds its pricing power.
For buyers seeking clarity, this environment offers an opportunity to assess options without the pressure of rapid escalation, while still benefiting from historically low inventory that ensures long-term value protection.
What This Means for Sellers
Sellers must approach the market with precision. Today’s buyers are well-informed and comparison-driven, responding most strongly to listings that feel aligned with current market conditions. Homes priced thoughtfully and presented with exceptional photography, turnkey appeal, or architectural pedigree are still commanding strong results.
The data shows that homes achieving the cleanest outcomes are those that:
-
Launch with strategic pricing aligned to neighborhood activity
-
Lean into lifestyle value—walkability, land size, or privacy
-
Present move-in readiness or meaningful design quality
For properties requiring updates or carrying unique nuances, proper positioning is essential to capture the right buyer segment and minimize time on market.
Considering Your Next Move
If you’d like a deeper understanding of how today’s trends align with your goals—whether evaluating the timing of a sale or pursuing opportunities across the island—our team can provide tailored insight grounded in real-time data and discretion.
Palm Beach Advisory at Compass
Elizabeth DeWoody, Principal Agent
📞 561-308-0931
📧 [email protected]
