Palm Beach Luxury Market Reports

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.

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

Wellington's equestrian zip codes recorded 145 closed sales above $5 million between 2020 and 2025. EOZD preserve-zoned 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 $1,690 per square foot and a $5.8 million median through August 2026, Admirals Cove has repriced itself more than three times over since 2016. Across 538 transactions and $2.32 billion in total volume, the community's decade of appreciation unfolded in four distinct phases, each driven by a different mechanism.

A decade-long analysis comparing 538 Admirals Cove and 33 Bears Club estate transactions in the $12-20M overlap zone across days on market, list-to-sale ratios, months of supply, and comp density. The liquidity gap is structural, and it maps two different ownership experiences.

Admirals Cove's average price per square foot rose 211% from 2015 to 2026, outpacing Bears Club's 134% gain by 77 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 538 Admirals Cove transactions and 33 Bears Club estate sales across a full decade of BeachesMLS data.

Fifty-five listing records. Zero closings. 13,201 cumulative days on market. 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 between those two categories actually cost.

Thirty-three closed estate sales. $439.5 million in volume. An average price per square foot up 166 percent from pre-COVID levels, a $48 million record, and a July 2026 sale at $3,099 per square foot. The complete Bears Club transaction record, analyzed.

Before August 2018, 1100 South Flagler Drive had no residential sales record. Seven years and 49 transactions later, it has produced $520.3 million in volume and a price floor of $2,786 per square foot. This is how an address gets made - and what its market record reveals about West Palm Beach's emergence as a genuine ultra-luxury destination.

Early buyers at The Bristol paid $1,293–$1,923 per square foot. The resale market has cleared at $2,786–$3,788/SF ever since. 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 today.

If you are evaluating a residence at The Bristol or tracking what your existing position is worth, 49 closed transactions and $520.3 million in documented volume answer the question the data was built to resolve: whether the building's pricing has stabilized at a new level or represents a temporary ceiling. The record is precise enough to benchmark any position in the building.

Waterfront properties only: 56 waterfront closings above $5M, $764.5M volume in 2025. Six-year analysis of $5M+ waterfront SFR sales across Jupiter Island, Mainland Jupiter, and Inlet Colony: $/SF, DOM, and negotiation intelligence by submarket.