Palm Beach County Luxury Pulse: July 2026

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, and it fits the pattern in our Bears Club sales study: the club's largest sales increasingly close in the quiet months rather than at the height of the season. Two of the six were oceanfront and Intracoastal estates in Delray Beach, and one was a townhouse at Sloan's Curve on Palm Beach island, the only one of the six that was not a single family house.

Sales by Price Range

The summer slowdown was concentrated almost entirely at the top of the market. Homes between $3 million and $5 million closed 60 sales against June's 70, and volume in that range fell only about 15 percent. Sales at ten million dollars and above fell by roughly 36 percent, from $605.9M in June to $389.1M 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 93.5 percent of its final asking price, within half a point of June's 94.0, and 19 of the 122 buyers paid the full asking price or more. The month was smaller than June, and pricing was just as firm.

Where the Sales Happened

Boca Raton led the county with 32 closings, and the golf corridor markets of Jupiter and Palm Beach Gardens together beat it, 36 closings to 32. Waterfront properties accounted for 68 of the 122 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.

Houses and Condominiums

The split between houses and condominiums looked the way it has all year. Single family houses carried most of the volume: 101 closings at a $5.7M median and $1,120 per square foot. Condominiums were fewer, 18 closings at a $3.9M median, but more expensive at $1,309 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, so 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 122 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, 63 days, was faster than June. The median close, 93.5 percent of the asking price, was within half a point of June. Sales between three million and ten million dollars ran close to June's pace while sales above that mark thinned. 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.