Palm Beach County Luxury Pulse: June 2026

The Largest Sales

Seventeen June sales cleared fifteen million dollars, four more than May, and the six largest lead the table. The Manalapan estate on top, 19,661 square feet of oceanfront at $70.9M, made June the second consecutive month with a sale above seventy million, following May's $75M in Boca Raton's Royal Palm Yacht and Country Club. Four of the six largest closings sat on Palm Beach island. It was the island's strongest month of the spring at the very top of the market.

Sales by Price Range

The lower and upper price ranges moved in opposite directions in June. Homes between $3 million and $5 million closed 70 sales against May's 78. Sales at ten million and above closed 32 for $605.9M, up about 16 percent in volume from May. Buyers writing the biggest checks did not break for the season. A second straight month with a close above seventy million dollars shows how high this market now reaches, a theme our 2026 market outlook flagged at the start of the year.

Pricing held firm. The median June sale closed at 94.0 percent of the final asking price, within half a point of May's 93.7. Time to contract ran longer, 72 median days against May's 60, which fits a month tilted toward bigger, harder negotiations.

Where Homes Sold

Boca Raton led the county with 45 closings, and Palm Beach island came second at 23 in its strongest month of the year for volume at the top. Waterfront properties carried 78 of the 150 closings, better than half the month, and the county's current waterfront inventory remains the segment where the biggest June checks concentrated.

Houses and Condominiums

Single family homes carried the volume: 124 closings at a $5.2M median and $1,153 per square foot. Condominiums closed 20 sales at a $4M median but a higher $1,720 per square foot, a premium the county's towers have carried all year. Roughly one June closing in seven was a condominium, in line with the year's pattern, and nothing in the month suggested the tower market was losing ground to the single family one.

What a Flat Month Means

June's total volume held within one percent of May's, but the mix of sales changed. Homes between $3 million and $5 million gave up 8 closings and about $32.7M in volume, while sales at ten million and above added 6 closings and $83.7M. A market shifting toward larger sales is different from one slowing down, even when the headline number barely moves. The longer time to contract, 72 median days against May's 60, fits the same picture: bigger deals take longer to negotiate, and June carried more of them. The question for July is whether the growth at ten million and above holds once the season's remaining contracts close.