Data Analysis
Palm Beach County had 1,824 single-family houses for sale at $1 million or more and 481 pending or under contract on November 4, 2026, and Delray Beach ran at 2.3 listings per contract while Wellington ran at 9.0.
Palm Beach County's $1M+ houses ran at 3.8 listings per contract on November 4; Delray Beach had 216 active and 92 in contract, Wellington 180 and 20.
On November 4, 2026, Palm Beach County had 1,824 single-family houses for sale at $1 million or more and 481 pending or under contract, about 3.8 active listings per contract. Houses under $500,000 ran at 2.1 to 1. Inside the tier the spread is wide: Delray Beach had 216 active and 92 in contract (2.3 to 1), while Wellington had 180 active and 20 in contract (9.0 to 1). Above $10 million, 212 houses were for sale against 26 in contract. From October 21 to November 3, 130 houses at $1 million or more went under contract and sellers made 242 price cuts. All MLS figures are ours, computed from BeachesMLS records.
Recent Palm Beach County coverage on listing tax bills, condos under contract, new home communities and price cuts across all price ranges covers the wider market. Monthly prices are on the West Palm Beach market data hub.
How fast are $1 million houses selling in Palm Beach County?
| Single-family asking price | Active | Pending or under contract | Active per contract | Median asking price | Median days listed |
|---|---|---|---|---|---|
| Under $500,000 | 663 | 321 | 2.1 | $422,500 | 50 |
| $500,000 to $999,999 | 1,519 | 536 | 2.8 | $690,000 | 53 |
| $1 million to $1,999,999 | 745 | 264 | 2.8 | $1,399,000 | 59 |
| $2 million to $2,999,999 | 316 | 83 | 3.8 | $2,500,000 | 63 |
| $3 million to $4,999,999 | 308 | 60 | 5.1 | $3,850,000 | 65 |
| $5 million to $9,999,999 | 243 | 48 | 5.1 | $6,750,000 | 83 |
| $10 million and up | 212 | 26 | 8.2 | $17,500,000 | 77 |
Source: Momentum Research, computed from BeachesMLS records, Palm Beach County, live snapshot, November 4, 2026. In contract counts pending and active under contract listings. Deemed reliable but not guaranteed.
The $1 million to $1,999,999 band moves at the same pace as houses from $500,000 to $999,999, 2.8 to 1. The pace slows above $3 million and slows sharply above $10 million, where houses had a median ask of $17.5 million.
Which cities lead the $1 million market?
| City (single-family, $1M+) | Active | Pending or under contract | Active per contract | Median asking price | Median days listed |
|---|---|---|---|---|---|
| Boca Raton | 401 | 106 | 3.8 | $2,995,000 | 55 |
| Palm Beach Gardens | 252 | 59 | 4.3 | $2,019,900 | 68 |
| Delray Beach | 216 | 92 | 2.3 | $2,446,000 | 56 |
| Wellington | 180 | 20 | 9.0 | $2,662,500 | 95 |
| West Palm Beach | 174 | 49 | 3.6 | $2,799,500 | 82 |
| Jupiter | 131 | 49 | 2.7 | $2,995,000 | 53 |
| Boynton Beach | 95 | 28 | 3.4 | $1,485,000 | 61 |
| Palm Beach | 59 | 9 | 6.6 | $14,850,000 | 113 |
| Loxahatchee | 43 | 3 | 14.3 | $1,549,999 | 102 |
Source: Momentum Research, live snapshot, November 4, 2026. City follows the listing address. Deemed reliable but not guaranteed.
Delray Beach and Jupiter were the fastest large $1 million markets in the county. Boca Raton holds the most supply, 401 houses, and also logged the most recent contracts. Wellington and Loxahatchee in the western county ran slowest, with median days on market near 100. On the island of Palm Beach, 59 houses were for sale at a median ask of $14.85 million against 9 in contract.
Are new homes or resale homes selling faster?
New construction is moving faster at this price. The 228 new-construction houses at $1 million or more had 86 in contract, 2.7 listings per contract, at a median ask of $4,362,500. The 1,596 resale houses ran at 4.0 to 1 at a median of $2,375,000. In Delray Beach, new construction was split evenly: 31 active and 31 in contract. In Wellington, 14 new-construction houses were for sale and none were in contract.
Condos are moving faster than houses at the top. Palm Beach County had 710 condos at $1 million or more against 247 in contract, 2.9 to 1, helped by new towers. In West Palm Beach, 105 condos at $1 million or more were for sale and 64 were in contract, 56 of them new construction. On the island of Palm Beach, 100 condos at that price were for sale against 6 in contract.
What changed in the last two weeks?
| Single-family, $1M+ | Oct 7 to Oct 20 | Oct 21 to Nov 3 |
|---|---|---|
| Went under contract | 145 | 130 |
| Boca Raton contracts | 31 | 43 |
| Price cuts | 266 | 242 |
| Price cuts per new contract | 1.8 | 1.9 |
| Median price cut | 4.4% | 4.4% |
Source: Momentum Research, status and price changes logged by our BeachesMLS feed, October 7 to November 3, 2026. Deemed reliable but not guaranteed.
The pace held roughly steady. Of the 130 recent contracts, 73 were on houses from $1 million to $1,999,999, 35 from $2 million to $4,999,999 and 22 at $5 million or more. The median cut in the latest two weeks was about $82,500. Boca Raton logged the most cuts, 64, followed by Palm Beach Gardens with 31 and Wellington with 25.
What does this mean for buyers and sellers?
For buyers above $3 million, there are about five houses for sale for each one in contract, and more in Wellington and on Palm Beach. That leaves room to negotiate on price and terms. Below $2 million in Delray Beach and Jupiter, supply is tighter. A buyer's first tax bill is often much higher than the seller's; our Palm Beach County property tax calculator and Palm Beach County HOA fees page cover the carrying costs.
For sellers, the median recent cut of about 4.4 percent shows where many first prices landed. Month-by-month pace is in our Beaches Market Pulse.
People also ask
How many $1 million homes are for sale in Palm Beach County?
Palm Beach County had 1,824 single-family houses listed at $1 million or more on November 4, 2026, with 481 more pending or under contract, based on our BeachesMLS feed. The median asking price in that tier was $2,500,000.
Which Palm Beach County city sells $1 million homes fastest?
Delray Beach, at 2.3 active listings per contract on November 4, 2026, followed by Jupiter at 2.7. Wellington was slowest of the large markets at 9.0.
Are luxury home prices being cut in Palm Beach County?
Sellers of houses at $1 million or more made 242 price cuts from October 21 to November 3, 2026, about 1.9 per new contract, with a median cut of about 4.4 percent.
Limitations
Counts are a live snapshot of our BeachesMLS feed and can differ from monthly inventory reports. Two-week contract and cut counts come from status and price changes our feed recorded; listings that went from active to pending between refreshes may be missed. New construction follows the MLS new-construction flag, and many builders list only part of their inventory. City follows the listing address. Off-market and private sales are not included.
Sources and links
- Momentum Research, computed from BeachesMLS records, Palm Beach County active and in-contract listings, live snapshot, November 4, 2026, and status and price changes October 7 to November 3, 2026. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
- Related: West Palm Beach market data, Beaches Market Pulse, Boca Raton market, Delray Beach market.
Disclosure: Jon Brooks is a co-founder of Momentum Realty, a Florida real estate brokerage that owns and funds Florida Housing Intelligence. Momentum has a financial interest in Florida real estate transactions, including in markets named here. See our editorial standards.
Market statistics in this article are computed from MLS data licensed by Momentum Realty, and are current as of the date shown. Data may be preliminary and subject to revision by its source. This article is general information, not advice about any specific property, transaction, or financial decision, and is not a representation about any specific property, community, builder, or association.
Equal Housing Opportunity. Editorial standards · Corrections · About