Market Report: North Palm Beach County, April 2025

North Palm Beach County

U.S. existing-home sales decreased 5.9% month-over-month and 2.4% year-over-year to a seasonally adjusted annual rate of 4.02 million units, according to the National Association of REALTORS® (NAR), as affordability challenges and economic uncertainty weigh on market activity. Sales were down month-over-month in all four regions, with the West experiencing the largest decline, at 9.4%.

New Listings remained flat for Single Family homes but decreased 6.3 percent for Townhouse/Condo properties. Pending Sales decreased 5.9 percent for Single Family homes and 4.3 percent for Townhouse/Condo homes. Inventory increased 19.3 percent for Single Family homes and 20.5 percent for Townhouse/Condo homes.

Median Sales Price increased 1.4 percent to $729,750 for Single Family homes but decreased 9.7 percent to $350,000 for Townhouse/Condo homes. Days on Market increased 37.5 percent for Single Family homes and 36.1 percent for Townhouse/Condo homes. Months Supply of Inventory increased 25.0 percent for Single Family homes and 40.3 percent for Townhouse/Condo homes.

Total housing inventory increased 8.1% month-over-month for a total of 1.33 million units heading into April, equivalent to a 4.0-month supply at the current sales pace, according to NAR. Although inventory is up nearly 20% from the same time last year, the additional supply has had little effect on home prices across much of the country, with the national median existing- home price climbing 2.7% year-over-year to $403,700 as of last measure.

For a detailed PDF with full market stats, please request one by filling out this form:

Jupiter Dream Life
Heather E Towe, PA
Assistant Broker, REALTOR®, CRS®, CLHMS®, e-PRO®, PSA®

Real Estate Services
Residential real estate representation in Palm Beach County and surrounding areas.

(561) 247-4474
hello@jupiterdreamlife.com

Licensed to sell real estate in Florida
Paradise Real Estate International