Homes in South Palm Beach are taking time to move from listing to contract. Inventory sits at 72 homes, with 10 new listings in February 2026 and 7 going under contract. With 36 months of supply and zero sales closing above the asking price, conditions strongly favor buyers.
Prices are reacting to this slower pace in different ways. The typical home value is about $890,000 in South Palm Beach, notably higher than the Palm Beach County typical value of $530,000, and it has climbed more than 114% over the past year. At the same time, the median list price is lower at $372,000 and has barely moved month over month, rising only 0.54%, while the average sale-to-list ratio sits at 0.86.
Time on market highlights how patient buyers can afford to be right now. Homes are spending a median of 511 days on the market, up sharply both month over month and year over year, and about 18% of listings have had a price drop, while inventory is still down more than 22% from last year. With a market gauge of 100 clearly signaling a buyer’s market and projected values and inventory shifting only modestly next month, both buyers and sellers in South Palm Beach can benefit from Agent Pronto’s help connecting them with a skilled local agent to navigate these conditions.
