09/04/2026
When someone says “3.7 months of inventory,” it can sound like just another real estate statistic. But it actually tells us something useful about what’s happening in the market.
Here’s the simple way to look at it:
Months of supply is basically a clock. If no new homes came on the market, how long would it take to sell everything currently for sale at the current pace?
At the end of July 2026, Palm Beach County was sitting at:
3.7 months for single-family homes
6.7 months for condos and townhomes
As a general rule of thumb, under six months tends to favor sellers, while over six months tends to give buyers more leverage.
So even though we’re talking about the same county, single-family homes and condos are really two different markets right now.
A few other numbers from July help put that into perspective. The median single-family sale price was $660,090, compared with $312,500 for condos. Single-family homes took a median of 41 days to go under contract, while condos took 69 days.
We also ended July with 10,443 active listings countywide, down about 21% from a year ago, while total closed sales were up about 15%.
In simple terms: fewer homes were available, while more homes were selling. That helped bring the supply number down.
But this is the part I always want people to remember: Palm Beach County numbers are a starting point. They don’t tell you exactly what’s happening with your home.
Wellington can look very different from downtown West Palm Beach. A condo can behave differently from a single-family home. And a $500,000 property can be in a very different market than a $1.2 million property just a few miles away.
The number that matters most is the one for your neighborhood, your price range and your property type.
If you want to know what those numbers look like for your situation, send me a message. I’m happy to pull them for you and explain what they mean.
Figures: Palm Beach County, July 2026, MIAMI REALTORS.
Rhonda Townsend | RE/MAX Excellence
561-236-9772
[email protected]
