Palm Beach County Real Estate Market Update – February 2026

Palm Beach County Real Estate Statistics

Palm Beach County continues its strong start to 2026, with rising prices, increased sales, and tightening inventory. The market is clearly gaining momentum as we move closer to the spring season — and the combination of higher demand and reduced supply is creating a more competitive landscape.

Let’s break it down.

Market Breakdown – February 2026 vs. February 2025

Median Sale Price: $675,000
📈 Up 4% year-over-year
Prices continue to climb at a healthy pace. A 4% increase shows steady appreciation without overheating — a strong sign of a sustainable market.

Closed Sales: 1,089 homes
📈 Up 8% year-over-year
More homes are closing compared to last year, confirming that buyers are active and transactions are flowing.

Active Inventory: 5,749 homes
🔻 Down 9% year-over-year
Inventory has tightened significantly. Fewer homes on the market means increased competition — one of the key drivers behind rising prices.

Pending Sales: 1,441 contracts
📈 Up 5% year-over-year
Contracts are continuing to rise, signaling strong momentum heading into March and April. The spring market is already taking shape.

Months of Inventory: 4.9 months
🔻 Down 14% year-over-year
This is a notable shift. With inventory dropping below 5 months, the market is leaning more toward sellers — creating a slightly more competitive environment for buyers.

Days on Market: 53 days
📈 Up 6% year-over-year
Homes are taking just a bit longer to sell, giving buyers a small window to evaluate — but with inventory tightening, that window may not last long.

New Listings: 1,708
🔻 Down 9% year-over-year
Fewer new listings are coming to market, which further tightens supply and supports price growth.

What This Means for You

Buyers:
Inventory is shrinking and prices are rising — this combination can tighten opportunities quickly. If you see the right home, acting decisively will be key.

Sellers:
This is your moment. With fewer homes on the market and strong buyer activity, well-priced homes are in a great position to attract attention and offers.

Investors:
Palm Beach County continues to show strong fundamentals. Limited supply and rising demand create a favorable environment for long-term appreciation.

Final Thoughts

February’s numbers confirm what we’re seeing on the ground: Palm Beach County is heating up. With demand rising and inventory tightening, the market is shifting toward a more competitive phase as we approach spring.

If you’re planning a move this year, getting ahead of that curve could make all the difference.

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