Palm Beach County Luxury Pulse: November 2025

Market Reports

Palm Beach County Luxury Pulse: November 2025

Nikko Karki
Nikko Karki December 5, 2025
November is the quiet month in the Palm Beach County luxury market. Buyers are arriving for the winter, sellers are preparing the listings they plan to launch in December, and closings thin out while both sides wait. The 59 closings above three million dollars this November were 17 percent fewer than October's 71, and the $361.2M in volume was roughly a third lighter. The count is only part of the story. The median price per square foot rose to $1,173, the median sale went under contract faster than in October, and the two largest closings in the county came from a single inland ranch community west of Delray Beach.
Closings at $3M+
59
Down from 71 in October, the usual November slowdown
November volume
$361.2M
Roughly a third less than October, concentrated in a few large sales
Median price per sq ft
$1,173
Up from $1,109 in a smaller month
Biggest closing
$39.8M
Stone Creek Ranch, west of Delray Beach

The Month in Numbers

November followed the usual pre-season pattern: fewer sales, steady prices, and less time on market. The median days on market fell from 94 to 83, which suggests the homes that sold were the ones buyers had already been watching. Six closings cleared ten million dollars. Condominiums supplied only 9 of the 59 sales, fewer than one in six, because condo demand follows the winter season and the season had not started. The median sale held at $4.7M, essentially unchanged from October, so the smaller month did not move prices.

Closings by price range
November against October at $3M and above
November against October
Closings by price range, county sales at $3M and above
← Scroll to see all columns →
Price rangeNovemberOctober
$3M to $5M3237
$5M to $10M2126
$10M and up68

Beaches MLS closed sales, deduplicated.

Where the Money Went

Waterfront properties accounted for 28 of the 59 closings, just under half, which is low for this county and another sign of the pre-season lull along the ocean. Houses away from the water made up the rest. No condominium appears among the six largest sales of the month, and those six together represented 31 percent of November's dollar volume, so the month's dollars were concentrated in a handful of large sales rather than spread across the whole market. Homes between three million and five million dollars remained the busiest segment with 32 closings, roughly October's pace relative to the smaller month.

The Largest Sales Were Inland

The biggest news of the month came from inland. Stone Creek Ranch, the gated community of large estates west of Delray Beach, produced the county's two largest closings this November: a $39.8M estate that sold after 175 days on the market, and a second at $19M. Wellington added an eleven million dollar closing that went under contract in six days, the fastest contract among the month's large sales, as equestrian families arrived for the winter show season.

Large sales continued along the coast. Boca Raton's Estate Section closed at $16.4M, Admirals Cove in Jupiter at $15.5M, and a Floral Park townhouse on the island of Palm Beach at $12M. Even so, November is a reminder that Palm Beach County luxury extends well beyond the shoreline. When oceanfront activity slows ahead of the season, the ranch and equestrian communities can supply the county's largest sales.

The notable closings
The six largest closings in the county this November
← Scroll to see all columns →
CommunityMarketPriceDays on Market
Stone Creek RanchDelray Beach$39.8M175
Stone Creek RanchDelray Beach$19M135
The Estate SectionBoca Raton$16.4M306
Admirals CoveJupiter$15.5M223
Floral ParkPalm Beach$12M289
Palm Glade RanchesWellington$11M6

Beaches MLS closed sales, deduplicated.

What This Means for the Season

None of this is a verdict on the season ahead. November's count always understates demand, because the winter buyers arrive by Thanksgiving and start shopping by New Year's. The firmer price per square foot and the shorter time to contract suggest demand arrived on schedule this year. Our reading of the county's seasonal calendar is unchanged: the best new listings appear between December and February, and a buyer's negotiating leverage narrows as they do. For sellers the advice runs the other way. The quiet weeks are the time to finish preparing the home, because listings that launch in polished condition early in the season meet the year's deepest pool of buyers, and the contracts signed between December and March become the closings that define the spring market. Every active listing across the county is on our properties page.

Bottom Line

November closed 59 sales above three million dollars for $361.2M, a sixth fewer than October on a third less volume, while the median price per square foot rose to $1,173 and the median time to contract shortened. Stone Creek Ranch produced the county's two largest closings, and Wellington opened its winter season with an eleven million dollar sale that went under contract in six days. Prices held through the quieter month, which is the normal pattern in the weeks before the season starts.

For buyers watching the season open: The weeks before the season are the last stretch of the year when buyers hold most of the negotiating leverage. Once the winter listings arrive, the advantage shifts back to sellers of the homes buyers want most.

Dataset: 59 November and 71 October 2025 closed residential sales at three million dollars and above across Palm Beach County, deduplicated across MLS feeds. All summary figures are medians. Days on market are as recorded by the listing feed. Community names are normalized from listing records.

Source: Beaches MLS closed-sale records via direct feed access.

Nikko Karki
Written by

Nikko Karki

Nikko Karki holds an M.Sc. in economics from Helsinki School of Economics and has been in real estate for nearly two decades. He spent his early career on the developer side at Related Group in West Palm Beach, running the analysis behind the region's largest luxury projects. He has since worked on residential, commercial, and hospitality projects across the U.S., Europe, and Southeast Asia. He built this platform so that buyers and sellers could have better real estate outcomes through better analysis, for free.
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Frequently Asked Questions
The county closed 59 sales at three million dollars and above for roughly $361.2M in volume, down from 71 sales in October. The median price per square foot rose to about $1,173 and the median sale went under contract faster, so prices held even as the count fell.
A Stone Creek Ranch estate west of Delray Beach closed at $39.75 million, the county's largest closing of the month. The same community also produced the month's second-largest sale at $19 million.
November is a good month to buy if negotiating room matters more than selection. Sellers who stay on the market through the quiet weeks tend to be motivated, and buyers face less competition before the winter crowd arrives. The trade-off is thinner selection, since many sellers wait for the season to list.
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