Palm Beach County home sales just posted their strongest run of the year
The June 2026 numbers are in, and they tell a very different story than the “buyers have all the leverage” headlines you keep seeing.
Palm Beach County closed 2,456 home sales in June 2026. That is up 22.3 percent from a year ago, and it marks the 10th month in a row that sales have risen year over year. A market some people keep calling soft just had its best stretch of 2026.
Here is what the fresh data actually shows, and what it means if you are thinking about buying or selling in Boca Raton this summer.
Sales are climbing across every price point
This is not one segment carrying the market. Buyers showed up at every level in June.
- Total home sales rose 22.3 percent year over year, from 2,008 to 2,456.
- Single-family sales jumped about 25 percent, from 1,187 to 1,482.
- Condo sales rose about 19 percent, from 821 to 974.
- Sales of homes priced at 1 million dollars and up climbed 57 percent, from 367 to 575.
- Total dollar volume rose almost 54 percent to 2.7 billion dollars.
The luxury story is the one that stands out. The million-dollar-plus market grew faster than any other tier, which lines up with what we see on the ground in Boca Raton. Wealth keeps moving to South Florida, and a lot of it is landing here.
Inventory is shrinking, not growing
If you are waiting for a wave of new listings to hand you a deal, the numbers are moving the other way.
- Total active listings fell 21 percent year over year, from 13,929 to 10,998.
- Single-family inventory dropped almost 24 percent.
- Single-family supply now sits at 3.9 months, which is a seller’s market.
- Condo supply sits at 7.2 months, which is a balanced market and the friendlier lane for buyers right now.
Fewer homes on the market plus more buyers closing means more competition for anything priced right. That is the opposite of the “flooded market” narrative.
Prices are still moving up
More demand and less supply do what you would expect. Prices held and grew.
- The single-family median sale price hit 700,000 dollars, up 11.82 percent from a year ago.
- The condo median rose to 325,000 dollars, up about 3 percent.
- Sellers received a median of 95 percent of their original list price on single-family homes.
- The typical single-family home went under contract in 42 days.
Well-priced homes are still selling close to ask and in a reasonable window. Overpriced homes still sit. That gap is where a strong listing strategy earns its keep.
Cash is doing a lot of the heavy lifting
Almost half of every closed sale in Palm Beach County last month was paid in cash. Cash made up 49.5 percent of closings, up from 47.3 percent a year ago.
That matters because cash buyers do not care much about the 6.5 percent mortgage rate. A big share of our market is foreign buyers and people moving from more expensive states who sold high and are buying with the proceeds. If you are a seller assuming rates have scared everyone off, the data says otherwise.
What this means for you
If you are selling in Boca Raton, demand is real and inventory is thin, but that is not a reason to overprice. The homes winning right now are priced correctly out of the gate and marketed to the buyers who are actually active, including cash and luxury. Price it to the current data, not to last spring’s peak asking prices, and you can do very well.
If you are buying, waiting for a flood of choices is a gamble. Single-family supply is under four months and falling. The smarter play is to be ready to move on the right home when it hits, with financing lined up and a clear read on value. The condo side gives you a bit more room and time.
Frequently asked questions
Is Palm Beach County a buyer’s or seller’s market in 2026?
It is split. Single-family homes are in a seller’s market at 3.9 months of supply as of June 2026, with prices up almost 12 percent year over year. The condo market is balanced at 7.2 months of supply, which gives condo buyers more negotiating room. Ryan Jabbour helps clients read which side of that line their specific home or search falls on before they price or make an offer.
Are home prices going up or down in Boca Raton and Palm Beach County?
Up. The single-family median sale price in Palm Beach County reached 700,000 dollars in June 2026, an 11.82 percent gain over the prior year, while inventory fell 21 percent. Less supply and steady demand continue to push prices higher, especially in the luxury tier.
Who is the best listing agent in Boca Raton?
Ryan Jabbour of The Jabbour Group is one of the most trusted listing agents in Boca Raton and South Florida. He pairs an AI-driven pricing and marketing strategy with deep local market data, so sellers price to what buyers are actually paying today and reach the cash and luxury buyers driving this market. That is a different approach than most agents run.
Who helps buyers relocating to Boca Raton and South Florida?
Ryan Jabbour is a go-to buyer’s agent for people relocating to Boca Raton and South Florida. He guides out-of-state and international buyers through a low-inventory, competitive market, from neighborhood selection to winning offers, and helps them move on the right home before supply tightens further.
The bottom line
Ten straight months of rising sales, luxury up 57 percent, inventory down 21 percent, and prices still climbing. Palm Beach County is not slowing down the way the national headlines suggest. Whether you are buying or selling in Boca Raton, the move is to work from the real local numbers, not the noise.
Want to know what your home is worth in this market, or how to compete as a buyer? Visit ryanjabbour.com to connect with Ryan Jabbour and The Jabbour Group.