North Palm Beach Condo Market Update – July 2026
Welcome to Tom Dunphy's Market Updates. I'm Tom Dunphy Realtor (Thomas J. Dunphy III), a Florida State-Certified Residential Real Estate Appraiser (RD8755), owner of APPRAIS, and a licensed real estate sales associate with Fulton Grace Realty. I publish regular market updates covering pricing trends, inventory levels, neighborhood activity, and market conditions throughout Martin, Palm Beach, and St. Lucie Counties.
North Palm Beach Condo Market Update
North Palm Beach offers a diverse selection of condominium communities ranging from affordable residences to luxury waterfront developments overlooking the Intracoastal Waterway and nearby Atlantic Ocean. The area's boating lifestyle, golf courses, marinas, beaches, and convenient access to Palm Beach Gardens, Juno Beach, and West Palm Beach continue to attract both year-round residents and seasonal homeowners.
As both a Florida State-Certified Residential Real Estate Appraiser and Tom Dunphy Realtor, I closely monitor condominium market activity throughout North Palm Beach from both a valuation and real estate sales perspective, helping buyers, sellers, homeowners, and investors better understand today's market.
Current Market Activity
MLS data over the past twelve months indicates that condominium inventory has increased while buyer demand has moderated. Housing supply has risen to nearly twelve months, providing buyers with considerably more choices than earlier reporting periods. Median sale prices declined during the most recent three-month period, reflecting changing market conditions and the mix of condominium units that sold during the period.
The market was analyzed in three reporting periods:
| Reporting Period | Closed Sales | Active Listings | Months of Supply | Median Sale Price | Median Days on Market |
|---|---|---|---|---|---|
| Prior 7–12 Months | 92 | 107 | 6.98 | $445,375 | 96 |
| Prior 4–6 Months | 69 | 125 | 5.43 | $460,000 | 121 |
| Current 3 Months | 40 | 156 | 11.70 | $372,500 | 96 |
During the most recent three-month period, North Palm Beach recorded 40 condominium sales while active inventory increased to 156 listings. Housing supply expanded to approximately 11.7 months, indicating buyers currently have a substantially larger selection of available condominium units compared with earlier in the year.
The median sale price declined to $372,500 during the current reporting period, while median marketing time remained consistent at approximately 96 days. Because North Palm Beach includes a wide variety of condominium communities with different locations, amenities, waterfront influences, and price ranges, changes in the mix of units sold can significantly affect median sale prices from one reporting period to another.
What This Means for Sellers
Condominium sellers are competing in a market offering buyers an increased number of available units. Proper pricing, property presentation, and understanding competing inventory remain important when marketing a condominium for sale.
Factors influencing condominium values include:
- Waterfront, Intracoastal, marina, or interior location
- Water views and floor level
- Interior condition and recent renovations
- Building amenities
- Monthly condominium fees
- Reserve funding and special assessments
- Covered parking and storage
- Recent comparable sales within the same community
What This Means for Buyers
Current market conditions provide buyers with additional opportunities to compare condominium communities, amenities, and pricing before making a purchasing decision. Buyers should carefully evaluate not only the unit itself but also the financial condition of the condominium association and long-term ownership costs.
Important considerations include:
- Waterfront location and views
- Building age and recent improvements
- Condominium fees
- Reserve funding and special assessments
- Insurance requirements
- Rental and pet restrictions
- Interior condition and updates
- Recent comparable sales within the same building
Distressed Sales Continue to Have Little Impact
Distressed properties continue to have little influence on the North Palm Beach condominium market. No foreclosure or short-sale activity was reported within the analyzed market between July 30, 2025, and July 30, 2026.
Every Condominium Community Is Different
North Palm Beach should not be viewed as one uniform condominium market. Waterfront buildings, golf course communities, marina developments, and traditional condominium neighborhoods often experience different levels of buyer demand and pricing.
Values may also vary considerably within the same building depending on floor level, water views, interior updates, amenities, parking, and monthly ownership costs.
For that reason, building-specific and community-specific analysis is generally more meaningful than relying solely on community-wide averages.
Considering Buying or Selling a North Palm Beach Condominium?
Whether you're preparing to sell your condominium, searching for your next home, or simply interested in understanding today's market, Tom Dunphy Realtor would be happy to discuss recent sales, current listings, and condominium market trends throughout North Palm Beach.
Continue Reading
Interested in nearby communities? Be sure to read my other market updates:
- North Palm Beach Detached Home Market Update – July 2026
- Palm Beach Gardens Real Estate Market Update – July 2026
- Jupiter Real Estate Market Update – July 2026
- Tequesta Real Estate Market Update – July 2026
- Hutchinson Island Condo Market Update – July 2026
- Jensen Beach Real Estate Market Update – July 2026
- Stuart Real Estate Market Update – July 2026
Each article provides current market statistics and local insight from the perspective of a Florida State-Certified Residential Real Estate Appraiser and Tom Dunphy Realtor.
Thomas J. Dunphy III, RD8755
Tom Dunphy Realtor
Florida State-Certified Residential Real Estate Appraiser
Owner, APPRAIS
Licensed Real Estate Sales Associate
Fulton Grace Realty
TomDunphySellsRealEstate.com