Palm Beach County Real Estate
West Palm Beach Real Estate Market Report | August 2026
August 2026
Rhonda Townsend
Broker Associate · BK3280784 · RE/MAX Excellence · (561) 236-9772
West Palm Beach Market Snapshot — August 2026
| Metric | Value |
|---|---|
| Sold Listings | 207 |
| Active Listings | 1,746 |
| Pending Listings | 262 |
| Absorption Rate | 6.27 months (Aug 2025: 9.35) |
| Average List Price | $1,247,564 (Aug 2025: $910,238, +37.1%) |
| Median List Price | $315,000 (Aug 2025: $340,000, -7.4%) |
| Average Sale Price | $582,009 (Aug 2025: $480,905, +21.0%) |
| Median Sale Price | $332,500 (Aug 2025: $343,000, -3.1%) |
| Average CDOM | 85 days (Aug 2025: 86) |
| Median CDOM | 54 days (Aug 2025: 52) |
| YTD Absorption Rate | 7.94 months |
| YTD Average List Price | $970,365 |
| YTD Median List Price | $359,900 |
| YTD Average Sale Price | $728,090 |
| YTD Median Sale Price | $410,000 |
| YTD Average CDOM | 97 days |
| YTD Median CDOM | 58 days |
Market Analysis
West Palm Beach's August 2026 real estate market snapshot, sourced from Beaches MLS, shows a city with strong sales volume and a market that has tightened versus a year ago. Sold listings totaled 207 for the month, with 1,746 active listings and 262 pending listings at the end of August. The absorption rate fell to 6.27 months from 9.35 in August 2025, signaling demand is better aligned with supply. List prices moved in mixed directions: the average list price rose 37.1% to $1,247,564 while the median list price eased 7.4% to $315,000, reflecting a wider spread of inventory from downtown condos to high-end waterfront estates. Closed prices were also mixed, with the average sale price up 21.0% to $582,009 and the median sale price down 3.1% to $332,500. Year-to-date through August, the absorption rate stands at 7.94 months and the median sale price at $410,000.
What This Means for You
- Sold listings totaled 207 in August 2026, with 1,746 active listings and 262 pending listings across West Palm Beach.
- The absorption rate tightened to 6.27 months from 9.35 a year ago, signaling stronger demand relative to supply.
- The average list price rose 37.1% to $1,247,564, while the median list price eased 7.4% to $315,000, reflecting the wide mix of inventory on the market.
- Year-to-date through August, the absorption rate is 7.94 months and the median sale price is $410,000.
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Information Deemed Reliable But Not Guaranteed
Property information, market data, and statistics provided on this site are obtained from sources believed to be reliable but are not guaranteed and should be independently verified. Buyers and sellers should consult with a licensed real estate professional before making decisions based on this information.
Rhonda Townsend · Broker Associate · BK3280784 · RE/MAX Excellence
420 St Rd 7 Ste 100, Wellington, FL 33414 · (561) 236-9772
Data sourced from BeachesMLS · August 2026. Market statistics describe broader activity and do not determine the value of a specific property. Equal Housing Opportunity.