Nikko Karki March 9, 2026
In 2025, 178 single-family homes built since 2020 sold at $3 million and above in Palm Beach County, totaling $1.52 billion. At $10M+, these post-2020 homes are 17% larger than pre-2020 resale (8,110 vs. 6,924 SF) because the buyer is tearing down older structures on premium lots and building to current specifications. The luxury new construction market concentrates in Jupiter, Delray Beach, Boca Raton, and North Palm Beach, where waterfront and established-community land commands the price, and the structure on it is being replaced.