Palm Beach County Condos & Townhomes Market Update – June 2026

Palm Beach County Condos & Townhomes Real Estate Statistics – June 2026

Palm Beach County’s condo and townhome market continued to gain momentum in June, with a notable increase in both closed and pending sales, steady price appreciation, and a continued decline in available inventory. While buyers are taking a little longer to make purchasing decisions, demand remains healthy as more people look to take advantage of the area’s diverse range of condominium and townhome communities.

This month’s report shows a market that is becoming more active while gradually working through existing inventory.

Let’s take a closer look.

Market Breakdown – June 2026 vs. June 2025

Median Sale Price: $325,000

📈 Up 3% year-over-year

Condo and townhome prices continued to rise at a steady pace, making this segment an attractive option for first-time buyers, seasonal residents, downsizers, and investors seeking a more affordable entry into Palm Beach County’s housing market.

Closed Sales: 974 properties

📈 Up 19% year-over-year

Sales activity increased significantly compared to last June, indicating strong buyer demand despite ongoing affordability challenges and higher borrowing costs.

Active Inventory: 6,216 properties

🔻 Down 19% year-over-year

Available inventory continues to decline, although the condo and townhome market still offers buyers considerably more choice than the single-family home market.

Pending Sales: 923 contracts

📈 Up 16% year-over-year

Pending sales posted another strong gain, suggesting buyer activity remains healthy and that sales should continue at a solid pace through the coming months.

Months of Inventory: 7.2 months

🔻 Down 26% year-over-year

While inventory has declined substantially, supply remains above what is typically considered a balanced market. Buyers generally have more options and negotiating opportunities in the condo and townhome segment than they do when purchasing single-family homes.

Days on Market: 68 days

📈 Up 11% year-over-year

Homes are taking longer to sell than they were a year ago. Buyers are spending more time comparing properties, reviewing HOA fees, amenities, insurance costs, and reserve requirements before making purchasing decisions.

New Listings: 1,241 properties

🔻 Down 6% year-over-year

Fewer new listings entered the market this month, continuing the trend of gradually tightening inventory across Palm Beach County.

What This Means for You

Buyers

The condo and townhome market continues to provide more selection than the single-family sector. Buyers have additional time to evaluate communities, amenities, and association costs, but well-priced properties in desirable locations are still attracting strong interest.

Sellers

Demand is strengthening, with both closed and pending sales posting impressive gains. Although buyers are taking a little longer to complete purchases, reduced inventory and rising prices continue to create favorable selling conditions.

Investors

Palm Beach County’s condo and townhome market remains attractive for investors seeking rental properties, vacation homes, or long-term appreciation. The combination of rising demand and declining inventory supports continued market stability.

Final Thoughts

June’s numbers highlight a condo and townhome market that continues to strengthen. Sales activity is rising, inventory is shrinking, and prices continue to trend upward, reflecting sustained buyer confidence.

Unlike the highly competitive single-family market, condos and townhomes still offer buyers a wider range of choices and slightly more negotiating power. At the same time, sellers are benefiting from increased demand and fewer competing listings.

As the summer market continues, Palm Beach County’s condo and townhome sector remains an appealing option for buyers looking for value, convenience, and a low-maintenance lifestyle, while offering sellers and investors a healthy and active marketplace.

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