The Largest Sales
Nine July sales closed at fifteen million dollars or more, and the six largest lead the table. The Bears Club estate at the top is the largest Jupiter sale of the summer. It fits the pattern in our Bears Club sales study: the club's largest sales increasingly close in the quiet months, not at the height of the season. Two of the six were oceanfront and Intracoastal estates in Delray Beach. A townhouse at Sloan's Curve on Palm Beach island was the only one of the six that was not a single family house.
Source: BeachesMLS, closed residential sales, July 2026
Sales by Price Range
The summer slowdown fell hardest at the top of the market. Homes between $3 million and $5 million closed 58 sales against June's 70, and volume in that range fell only about 18 percent. Sales at ten million dollars and above fell by roughly 42 percent, from $605.9M in June to $350.8M in July. The pattern repeats every summer: buyers at the very top wait for the season, and everyone else keeps buying.
Prices held in every range. The median July sale closed at 93.6 percent of its final asking price, within half a point of June's 94.0. Buyers paid the full asking price or more in 19 of the 115 closings. The month was smaller than June, and pricing was just as firm.
Source: BeachesMLS, closed residential sales at $3M+, June and July 2026
Source: BeachesMLS, closed residential sales at $3M+
Where the Sales Happened
Boca Raton led the county with 32 closings. Jupiter and Palm Beach Gardens, the golf corridor's two big markets, closed 31 between them. Waterfront properties accounted for 62 of the 115 closings. That share holds fairly steady month to month. Whatever the season, waterfront property remains the core of the county's market at this price level.
Source: BeachesMLS, July 2026
Houses and Condominiums
The split between houses and condominiums looked the way it has all year. Single family houses carried most of the volume: 95 closings at a $5.6M median and $1,103 per square foot. Condominiums were fewer, 17 closings at a $3.8M median, but more expensive at $1,381 per foot, a premium the county's towers have held all year. Condominium medians swing from month to month depending on which buildings recorded sales. The move in price per foot from June reflects the mix of buildings more than any real change in values. The steadier measure is the share of the market: condominiums accounted for roughly one in seven July closings, in line with the rest of the year.
How to Read a Summer Market
A month of 115 sales is a small sample, and small samples mislead in predictable ways. A falling median usually reflects a change in what sold rather than a change in prices. Remove three large waterfront closings from any July and the median drops without a single home losing value. The numbers that hold up in a small sample are the ones to trust. The median time to contract, 54 days, was faster than June. The median close, 93.6 percent of the asking price, was within half a point of June. Sales between three million and ten million dollars held up far better than the top band, which thinned by nearly a third. All three measures point in the same direction: buyers kept buying through the summer, and the biggest buyers are waiting for the season to return.
Bottom Line
July looked the way summer usually looks in this market: fewer sales, firm prices. Sellers who stayed on the market found decisive buyers, and the biggest closings of the month happened in private communities during the quietest weeks of the year. The pulse returns after August closes.
For sellers timing a summer listing: The summer discount is smaller than most sellers believe. July's buyers moved faster than June's and paid nearly the same percentage of the asking price. What shrinks in summer is the pool of buyers above ten million dollars. Below that mark, the market slows far less.
The census here is every July 2026 residential closing at $3,000,000 or above in Palm Beach County, 115 sales, with June 2026 and its 150 sales as the comparison month. A sale listed on a second board reaches the feed under two MLS numbers. Those duplicates are removed by matching address, close date, and close price, so each July sale is counted once.
An earlier version of this pulse counted 122 closings before that cross-listing check. The census is restated here to match the series convention, one record per sale, and the August pulse carries July on the same basis.
June figures come from the original June pull, which carried no address field, so the cross-listing check cannot be applied to June.
Every average quoted is a median. Days on market and close-to-list ratios appear exactly as agents recorded them, and community names are cleaned up from the raw subdivision field.
BeachesMLS supplied the sales records through the Spark API, in a pull dated August 15, 2026.
