Palm Beach Luxury Market Reports

How long should a luxury property take to sell in Palm Beach County, and what does time on market cost the seller? The 2025 median DOM of 46 days masks a bimodal distribution: 22% of properties sell within a week, while 11% take more than six months. Among sub-7-day sales, 46% close at full asking. The pricing gradient is front-loaded: the first 30 days cost 6 points of list price. This report maps DOM across price tiers, cities, and waterfront status using six years of closed data, 2020 through 2025.

If you purchased a home in Palm Beach County in 2020, what would the same money buy in 2025? At $1M-$2M, the buyer lost 22% of living area and ocean/ICW probability dropped from 51% to 29%. At $3M-$5M, 20% less house at 30% higher $/SF. At $10M-$20M, 20% less house at 30% higher $/SF. The compression is broad, consistent, and measurable at every tier. This report maps what each price band delivers in 2025 versus 2020.

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). 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. There, waterfront and established-community land commands the price, and the structure on it is being replaced.

In Palm Beach, the negotiation is structural. This report analyzes 306 closed sales from 2025 through Q1 2026 to quantify the optimal listing cushion and separate intentional pricing strategy from overpricing corrections. It also calculates the actual cost of getting it wrong.

Wellington's equestrian zip codes recorded 145 closed sales above $5 million between 2020 and 2025. Equestrian Overlay Zoning District preserve parcels carried a $1.4 million median premium over non-preserve residential at the same tier. The six-year median closed price was $7.5 million. Median days on market across the normalized 2022-2025 period was 87 days.

At $1,535/SF and a $6 million median in 2025, Admirals Cove repriced itself more than three times over from 2015 to 2025. Across 594 transactions and $2.64B in total volume, the community's decade of appreciation unfolded in four distinct phases, each with a different mechanism. This report maps all of them.

A 10-year analysis of 599 Admirals Cove and 27 Bears Club estate transactions. Days on market, list-to-sale ratios and the $12-20M overlap zone where buyers make a real choice.

Admirals Cove's median price per square foot rose 208% from 2015 to 2025, outpacing The Bears Club's 151% gain by 57 percentage points. The gap is structural: lower starting price, higher transaction velocity, and waterfront concentration during a decade when water access re-rated globally. This analysis covers 599 Admirals Cove transactions and 40 Bears Club estate sales across a full decade of MLS data.

Fifty-seven listing records, zero closings and 12,465 cumulative days on market through February 2026. The Bears Club's unsold history reveals what the sales record alone cannot: who was ahead of the market, who overreached and what the difference actually cost.

Forty closed sales and $345.9 million in volume. A price-per-square-foot that has risen 140% from pre-COVID levels to a 2025 market where the entry-level estate trades above $12 million. The complete Bears Club transaction record, analyzed.

On August 7, 2018, the first residential closing recorded at 1100 South Flagler Drive printed at $1,498 per square foot. By January 2023, the same address produced a closed sale at $3,788/SF. All 92 closings through February 2026 are documented here, restated from the full MLS feed.

Early buyers at The Bristol paid an average of $1,773 per square foot. The resale market has cleared at $2,786-$3,788/SF from then through February 2026. Using seven years of documented transaction data, this report examines what actually drives appreciation in a new-construction luxury building, and what it means for buyers evaluating the market.