The full-year Palm Beach County numbers for single family homes and condos, plus a zoom-in on the Delray Beach and Boca Raton premium corridor, pulled directly from Beaches MLS on September 2, 2026.
I am Rachel Williams, a Real Estate Advisor with The Premier Group at Compass, the #1 real estate team in Delray Beach, Florida by sales volume. In 2025, our team closed more than 550 transactions and over $475 million in sales across South Florida, ranking us in the top 1 percent of agents nationwide. When buyers or sellers ask me if prices are dropping, I do not answer with opinion or headlines. I pull the Beaches MLS numbers myself. Here is exactly what the trailing 12 months look like as of September 2, 2026.
Every week I get asked the same question. Are home prices dropping? The answer depends entirely on what you are buying and where. Palm Beach County actually has four different markets running at the same time right now: single family and condo at the county level, and single family and condo at the Delray Beach and Boca Raton premium corridor level. Each is behaving differently. Here is exactly what my Beaches MLS pull shows on September 2, 2026, comparing the trailing twelve months (9/1/2025 through 8/31/2026) to the prior twelve months.
Palm Beach County Single Family Homes
Market Metric | Current Market | Year Over Year Change |
|---|---|---|
Median sale price | $700,000 | ↑ +4 percent year over year (up from $670,000) |
Average sale price | $1,381,219 | ↑ +13 percent year over year (up from $1,216,443) |
Total sold volume | $18.78 billion | ↑ +27 percent year over year (up from $14.76 billion) |
Number of homes sold | 13,600 | ↑ +12 percent year over year (up from 12,137) |
New listings that came on the market | 19,145 | ↓ -6 percent year over year (down from 20,498) |
Homes currently under contract | 13,835 | ↑ +11 percent year over year (up from 12,440) |
Total active inventory | 24,938 | ↓ -3 percent year over year (down from 25,965) |
Median days on market when sold | 64 days | → Essentially unchanged from 63 last year |
Sellers received 96 percent of asking price on average | 96 percent | → Unchanged from last year |
Source: Beaches MLS, Rachel Williams' direct data pull on September 2, 2026
Single family prices in Palm Beach County are not dropping. They are appreciating. The median is up 4 percent year over year, the average is up 13 percent, and total sold volume is up 27 percent. More homes closed this year (13,600) than last year (12,137) while fewer new listings came on the market (down 6 percent). Demand is outpacing supply.If you are trying to decide what these numbers mean for your own timing, I break down the buyer side of the market further in Is Now a Good Time to Buy a Home in Palm Beach County, Florida?
Palm Beach County Condominiums
Market Metric | Current Market | Year Over Year Change |
|---|---|---|
Median sale price | $255,000 | → Unchanged from $255,000 last year (0 percent change) |
Average sale price | $552,312 | ↓ -2 percent year over year (down from $565,498) |
Total sold volume | $4.25 billion | ↑ +8 percent year over year (up from $3.90 billion) |
Number of condos sold | 7,687 | ↑ +11 percent year over year (up from 6,897) |
New listings that came on the market | 15,122 | ↓ -8 percent year over year (down from 16,505) |
Condos currently under contract | 8,013 | ↑ +15 percent year over year (up from 6,928) |
Total active inventory | 21,421 | ↓ -3 percent year over year (down from 22,166) |
Median days on market when sold | 96 days | ↑ +10 days year over year (up from 87 days) |
Sellers received 93 percent of asking price on average | 93 percent | ↓ Down from 94 percent |
Source: Beaches MLS, Rachel Williams' direct data pull on September 2, 2026
The condo picture is more nuanced. Median flat at $255,000. But average sale price down 2 percent, sold days on market up 10 days (87 to 96), and percent of list down from 94 to 93. Volume is up, so demand is present. But buyers have slightly more leverage than they did a year ago. That leverage comes with more due diligence, especially in older condo buildings. I break down what Florida's newer condo requirements mean for buyers and sellers in What Florida's New Condo Law Means for Downtown Delray Beach Buyers and Sellers in 2026.
Zooming In : The Delray Beach + Boca Raton Premium Corridor
The county-level numbers hide something important. When you filter the same Beaches MLS report to only the Delray Beach and Boca Raton zip codes (33444, 33483, 33431, 33432, 33486, 33487), a much sharper story emerges. In these premium coastal zips, single family homes are running away while condos are actively softening.
Single family homes in Delray + Boca (6 zips combined):
Market Metric | Current Market | Year Over Year Change |
|---|---|---|
Median sale price | $1,350,000 | ↑ +24 percent year over year (up from $1,082,500) |
Average sale price | $2,844,205 | ↑ +26 percent year over year (up from $2,248,470) |
Total sold volume | $3.05 billion | ↑ +45 percent year over year (up from $2.10 billion) |
Number sold | 1,071 | ↑ +14 percent year over year (up from 934) |
Total active inventory | 2,151 | ↓ -3 percent year over year (down from 2,219) |
Sellers received 95 percent of asking price on average | 95 percent | ↑ Up from 94 percent |
Condominiums in Delray + Boca (6 zips combined):
Market Metric | Current Market | Year Over Year Change |
|---|---|---|
Median sale price | $600,000 | → Unchanged from $600,000 last year (0 percent change) |
Average sale price | $1,051,093 | ↓ -14 percent year over year (down from $1,234,516) |
Total sold volume | $1.16 billion | ↓ -15 percent year over year (down from $1.37 billion) |
Number sold | 1,105 | → Essentially unchanged from 1,110 (0 percent change) |
New listings that came on the market | 1,994 | ↓ -15 percent year over year (down from 2,363) |
Total active inventory | 2,857 | ↓ -3 percent year over year (down from 2,972) |
Sellers received 94 percent of asking price on average | 94 percent | → Unchanged |
Source: Beaches MLS, Rachel Williams' direct data pull on September 2, 2026, zip codes 33431, 33432, 33444, 33483, 33486, and 33487.
Two things stand out.
First, single family in the Delray/Boca corridor is appreciating at roughly six times the rate of Palm Beach County single family overall on the median (24 percent vs 4 percent). Total dollar volume in the corridor is up 45 percent year over year, versus 27 percent county-wide. This corridor is where the county's luxury single family growth is happening.
Second, condos in the Delray/Boca corridor are moving the opposite direction from the county. County-wide condo dollar volume is up 8 percent and 11 percent more condos sold. In the Delray/Boca corridor, dollar volume is down 15 percent, the same number of condos sold as last year (zero growth), and average sale prices dropped 14 percent. The county-wide condo market is not softening. The premium coastal condo market specifically is.
Why The Four Markets Are Behaving Differently
Palm Beach County single family homes are supply-constrained (about 24,938 active listings against 13,600 annual sales). Condos have more inventory pressure and are absorbing Florida's post-Surfside structural inspection and insurance changes more heavily than single family homes.
The Delray/Boca coastal corridor concentrates that effect. Luxury condo buyers in these zips are especially sensitive to HOA increases, special assessments, and rising insurance premiums, all of which have hit high-rise oceanfront and Intracoastal buildings hardest. At the same time, luxury single family buyers in the same corridor keep bidding for a shrinking inventory of dry lot and waterfront homes, and prices reflect it.
What This Mean To Buyers
If you are buying a single family home in Palm Beach County broadly, expect competition and expect to pay close to asking. In the Delray/Boca coastal corridor specifically, expect that competition to be significantly sharper, with median prices up 24 percent year over year.
If you are buying a condo in Palm Beach County broadly, you have some room to work. If you are buying in the Delray/Boca coastal corridor, you have meaningfully more leverage than a year ago on high-end product. Focus on buildings with clean reserve studies, no pending special assessments, and current post-Surfside milestone inspection status. And when you do find the right property, knowing how to structure the offer matters just as much as knowing the market. I break that down in How to Make a Strong Offer on a Home | Real Estate Negotiation Tips.
What This Mean To Sellers
If you are selling a single family home in Palm Beach County broadly, price near comparable recent sales. If you are selling in the Delray/Boca corridor, the market is willing to pay a premium for correctly presented and correctly priced homes.
If you are selling a condo in the Delray/Boca corridor, the data supports pricing conservatively out of the gate and expecting a longer sale process on high-end units. Volume is down, average prices are down 14 percent, and sellers who chase the market down tend to net less. Pricing is one of the biggest factors sellers can actually control. In How To Price My Home to Sell Fast, I explain why the starting price matters and what can happen when a property comes to market too high.
Prices are not broadly dropping in Palm Beach County in 2026. But the story depends entirely on what you are buying and where. Single family is firmly appreciating, especially in the Delray/Boca coastal corridor. Condos are flat to soft at the county level, and actively softening in the premium coastal corridor specifically. Anyone making a buy or sell decision here should look at the specific property type and specific zip code, not the "Palm Beach County housing market" as a single thing.
What This Mean To Sellers Frequently Ask Questions
Q1: Are home prices dropping in Palm Beach County in 2026?
A: No. According to Beaches MLS data pulled September 2, 2026, Palm Beach County single family median sale price is $700,000, up 4 percent year over year, and the average sale price is $1,381,219, up 13 percent. Palm Beach County condo median is $255,000, unchanged year over year, though average condo sale prices are down 2 percent.
Q2: Are Delray Beach and Boca Raton home prices going up or down?
A: The two property types are moving in opposite directions in the Delray Beach and Boca Raton zip codes (33431, 33432, 33444, 33483, 33486, 33487). Single family median sale price is up 24 percent year over year at $1,350,000 and total volume is up 45 percent. Condo median is flat at $600,000 but average sale price is down 14 percent and total volume is down 15 percent. Source: Beaches MLS, September 2, 2026.
Q3: What is the median home price in Palm Beach County 2026?
A: The median single family home sale price in Palm Beach County was $700,000 for the trailing twelve months ending August 31, 2026, up 4 percent from $670,000 the year prior. The median condo sale price was $255,000, unchanged from the prior year. Source: Beaches MLS.
Q4: Are luxury condo prices dropping in Delray Beach and Boca Raton?
A: Yes. According to Beaches MLS pulled September 2, 2026, the average condo sale price in the Delray Beach and Boca Raton corridor (six zip codes combined) fell 14 percent year over year from $1,234,516 to $1,051,093. Sold volume dropped 15 percent and the number of condos sold was essentially unchanged. The median condo price stayed flat at $600,000.
Q5: How long does it take to sell a home in Palm Beach County?
A: According to Beaches MLS trailing 12 month data through August 31, 2026, single family homes sell in a median of 64 days from list to contract. Condos take a median of 96 days, up from 87 days a year ago.
Q6: Is Palm Beach County a buyer's or seller's market?
A: It depends on property type and location. Palm Beach County single family is a seller-favored market with tight inventory, 12 percent more closings, and homes selling at 96 percent of list price. Palm Beach County condos are more balanced, with longer days on market and slightly wider price negotiability. The Delray/Boca coastal corridor tilts even further: strongly favors sellers on single family, and shifts toward buyers on high-end condos.
