2025 Q1 Palm Beach Review
Provided by Palm Beach Real Estate Lawyers
Key Points
- The mean price of single-family luxury homes in Palm Beach increased 17 percent during the first quarter of 2025 as compared to 2014.
- One half of the Top 10 condo sales that were made in Palm Beach during the last 12 months happened in Q1.
- Permits have been pulled to begin construction projects for a $33 million renovation project at Phipps Park in Palm Beach.
In Florida’s luxury real estate market, Palm Beach’s home sales and listings priced at $1 million or more, Quarter One, the segment shows gains in The Town’s single-family median sale price, as well as in their in-coming active inventory, as compared to the same period of last year.