Palm Beach Luxury Market Reports

Six hospitality branded projects are rising in Palm Beach County, from a Cipriani condo hotel to two Ritz-Carltons. Where Mandarin Oriental's Northwood tower fits, what a flag actually buys, and the head to head against Ritz-Carlton West Palm Beach.

Ten of Palm Beach's fifteen largest sales from 2021 through August 2026 closed on neither MLS board. The $155M private record, $4.1 billion in quiet sales, and the full year-by-year book.

Nora House asks a stated $2M for 11 stories in a warehouse district against Olara's reported $1.7M for 26 floors, while Edgeworth has repriced to $5.5M. The same first dollar still buys two formats, and the trade between them is the buyer's real decision.

Jupiter Island closed 117 qualified sales in 2020 and 2021, double its historic pace and roughly one in eight of everything on the island. The wave that consumed the inventory, tripled the prices and built today's market.

Gulf Stream carries 3.0 months of supply. West Palm Beach carries 12.9. Months of supply decides who can afford to wait in every Palm Beach County negotiation, and this report maps it by price range and town.

Twelve resales from 2022 through August 2026, a price floor that held at $2,786 per square foot, and $134.3 million of asking prices led by the largest penthouse offering in the building's history. The Bristol's report card, from recorded MLS closings.

Luxury homes in Palm Beach County sell at 93 percent of list price, according to the most quoted statistic in the market. Measured against each seller's original asking price, the real figure is 90.7, and for the two fifths of sellers who reduced, it is under 84. A year of closings on the number everyone misreads.

Zero listings expired, withdrawn, or canceled in eight years of sales through August 2026. Twelve resales from 2022 forward closed a median 15.5 percent below their original asking prices, and the slowest sale took 499 days and closed 39 percent below where it began. What seller patience actually costs at West Palm Beach's benchmark tower.

The island's BeachesMLS feed recorded 685 closings at $739 per square foot in 2021 and 287 at $1,455 in 2025. Sales fell by more than half, prices nearly doubled, and the 2026 data through August shows sales climbing again with prices holding.

Of 1,204 luxury closings in the last twelve months, 55 percent found their buyer by week twelve. Sellers who waited longer gave up about 12 points of the original asking price. This study draws the full survival curve from a year of Palm Beach County closed sales.

Related Ross announces a second tower pair on South Flagler Drive before the first delivers. What the sequel changes, from Kohn Pedersen Fox design to a $5.5M entry, and how the published terms have moved since launch.

The island corridor logged 84 repeat sales from 2016 through August 2026. The median pair returned 17 percent a year and 79 of 84 resold higher, with the steepest gains for owners who bought before 2021. The honest appreciation record, cautions included.