What changed
Closed activity fell by 3 sales (33.3%) from the prior month. The typical sold price per living square foot rose by $410 (33.8%) from the prior month. Homes that sold took 38 days longer to find a buyer (87.2%) than in the prior month.
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West Palm Beach · Other Luxury Home market report
East of Olive
Start with what changed, what it may mean for an owner, and what to watch next. Then explore current competition, recent sales, pricing, selling pace, and context against other Palm Beach County luxury-home markets.
East of OliveWest Palm Beach / Market intelligence
Owner intelligence · Other Luxury Homes · July 2026 · latest complete calendar month
Monthly Market Report
Latest complete calendar month: July 2026MLS data through Aug. 19, 2026Report updated Aug. 30, 2026
Owner takeaway · Mixed / changing signalsEast of Olive had too few July 2026 closings to make a confident call on whether the market is strengthening or cooling.
What this may mean for owners
The monthly direction is worth noticing, but a small number of closings can be moved by one unusual home. Use it to frame the conversation—not to price an individual property by itself.
What to watch next
Watch the next complete month for confirmation in price per living square foot, time to find a buyer and the number of supported closings. Also compare those closed-sale signals with the homes competing now.
Closed sales
6 6 verified closings- vs. June 2026
- 3 fewer · -33.3%
- vs. July 2025
- 1 more · +20.0%
Median Sold $ / Living Sq Ft
$1,625 Based on 6 closed sales- vs. June 2026
- Up $410 · +33.8%
- vs. July 2025
- Up $584 · +56.0%
Median Days on Market
80 days Based on 6 closed sales · listing to contract- vs. June 2026
- 38 days slower · +87.2%
- vs. July 2025
- 4 days slower · +5.9%
30-year fixed mortgage rate
6.66% July 30, 2026- Official source
- Freddie Mac ↗
- Role
- Financing context
See the monthly evidence and sample sizes
6 eligible sales closed in July 2026, compared with 9 in June 2026 and 5 in July 2025. The month-to-month change was 3 fewer; the year-over-year change was 1 more.
The July 2026 median sold price per living square foot was $1,625 across 6 qualifying sales—33.8% higher than June 2026 and 56.0% higher than July 2025. The supporting median sold price was $4.98 million across 6 qualifying sales. Price per living square foot reduces—but does not eliminate—property-mix effects; condition, waterfront exposure, lot, renovation, and luxury segment can still move the median.
July 2026's 6-sale sample is still limited. The medians are valid for those closings, but a change in property mix can move them more than a broad shift in underlying value.
Median Days on Market was 80 days across 6 supported closed sales in July 2026. The pace was 38 days slower (+87.2%) versus June 2026 and 4 days slower (+5.9%) versus July 2025. Fewer days indicate a faster pace and more days a slower pace; neither direction is treated as universally good or bad.
Economic context
Demand conditions around the report period
These official series help frame financing and local labor conditions. They are context—not evidence that any one factor caused a change in this market.
30-year fixed mortgage rate
6.66%July 30, 2026Freddie Mac Primary Mortgage Market Survey ↗Federal funds target range
3.50%–3.75%Effective July 30, 2026Federal Reserve Board · July 2026 FOMC statement ↗10-year Treasury yield
4.67%Week ending July 31, 2026Federal Reserve H.15 · U.S. Treasury constant maturity ↗Local unemployment rate
4.6%July 2026 · preliminaryU.S. Bureau of Labor Statistics · West Palm Beach–Boca Raton–Boynton Beach ↗How these figures are calculated
Monthly medians are calculated from eligible closed MLS sales and always show their sample count. Median Days on Market measures elapsed days from the listing's on-market or listing-contract date to its purchase-contract date; fewer days indicate a faster pace and more days indicate a slower pace, without treating either direction as universally better or worse. Changes use the prior complete month and the same month one year earlier; an em dash marks a comparison without a valid baseline. Observation and interpretation are kept separate; no economic series is presented as a cause of local market movement.
About the community · West Palm Beach residential market area
The community experience behind the market.
A broad seller-intelligence market area east of Olive Avenue that spans established neighborhoods and historic-district settings near the Intracoastal Waterway.
- Location
- West Palm Beach
- Access
- Public residential market area; individual association rules vary
- Setting
- Urban and waterfront residential setting
- Community
- Multiple neighborhoods rather than one master association
Location
Residential streets between Olive Avenue and the waterfront
Architecture
A varied mix of historic and newer homes
Waterfront context
Proximity to Flagler Drive and the Intracoastal Waterway
Neighborhoods
Multiple named neighborhoods and historic districts within the market area
Community information sourcesOfficial community source Facilities, access, and ownership details can change. Verify current terms directly with East of Olive.
The owner view
Competition, pricing, and selling pace—in practical terms.
The main line on each card explains what the measure can tell an owner. Open “How this compares” for rank, the typical peer result, and calculation context.
Homes sold
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How this compares
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Typical sold price
Middle sale · last 12 months Loading…Loading owner context…
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Typical sold price / living sq ft
Middle sale · last 12 months Loading…Loading owner context…
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Homes competing now
Current listings Loading…Loading owner context…
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Typical time to find a buyer
Middle result · last 12 months Loading…Loading owner context…
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Inventory at the recent sales pace
Current listings / recent monthly sales pace Loading…Loading owner context…
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10-Year Market Appreciation
2017–2026 YTD change in annual median sold $/living sq ft Loading…Loading owner context…
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Annual market history
Ten years of direction, without filling gaps.
Annual values appear only where at least one transaction supports that year. The 2026 column is year to date.
Your closest competition
Move from the community view to its subdivisions or streets.
These local views show where buyers are seeing the most comparable choices. When subdivisions are not supported, the report uses verified street-level records instead.
A verified subdivision-level dataset is not currently published for East of Olive. The community-level key stats and history above remain available; no subdivision figures have been inferred or fabricated.
A useful boundary
Market context is not a property valuation.
Periods, formulas, and data limits
Current sales, price, price per living square foot, and market time use the verified trailing-12-month comparison period. Active inventory is a current listing snapshot. Months of supply is current inventory divided by the trailing sales pace.
10-Year Market Appreciation is the 2017–2026 YTD change in annual median sold $/living sq ft, calculated only when both boundary years have transactions. A market report helps establish context; renovation, lot, membership, view, floor plan, and private condition still require a property-specific review.
Your property is more specific than a market median