North Palm Beach Waterfront
12 Sales · $358K Median

MARKET OVERVIEW

North Palm Beach's waterfront market shows a pronounced inventory overhang, with 16.7 months of supply indicating a significant seller's market correction as 200 active listings substantially outpace the 12 sales recorded in May 2026. Properties are moving modestly slower than historical norms at 51 days on market, while the 93.7% list-to-sale ratio suggests sellers have begun adjusting pricing expectations closer to market realities, with a median sold price of $358,000 tracking slightly above the $345,000 median asking price. The combination of extended marketing periods and elevated inventory relative to transaction velocity points to a market in transition, where buyer selectivity has increased and pricing leverage has shifted toward purchasers.