Palm Beach Island The Estate Section
Palm Beach Island · Palm Beach
The Estate Section
The Estate Section is part of the Town of Palm Beach, in central Palm Beach County, with 422 residential properties: 419 single-family homes, 2 residential lots and 1 townhouse or villa. There were 18 sales in the past year, at a median price of $25.8 million.
Source: Beaches MLS as of November 3, 2026
Findings
The Estate Section market today
- Price per square foot is up 203.0% from the same months of 2016 (based on 11 and 18 sales).
- Against the same months last year, price per square foot is up 15.0%.
- 17 homes are for sale against 18 sales in the past year, about 11.3 months of supply.
Buyer and seller questions
Answers from the data
What do homes in Estate Section sell for?
The median sale in the past year was $25.82M, based on 18 sales.
How fast do homes go under contract?
The median home went under contract in 81 days after coming on the market.
How many homes are for sale?
17 active listings and 5 under contract, about 11.3 months of supply.
Have prices gone up over ten years?
Median price per square foot is +203.0% from the same months of 2016.
Ten-year trends
Price per square foot since 2016
| Year | Sales | Median price | Median $/sq ft | Median days | Highest sale |
|---|---|---|---|---|---|
| 2026 to date | 18 | $25.82M | $3,974 | 81 days | $43,250,000 |
| 2025 | 11 | $17.7M | $3,457 | 119 days | $51,420,000 |
| 2024 | 6 | $34.13M | $3,368 | 255 days | $152,000,000 |
| 2023 | 5 | $14.9M | $3,205 | 38 days | $26,663,000 |
| 2022 | 9 | $31.25M | $4,012 | 77 days | $53,000,000 |
| 2021 | 31 | $12M | $2,202 | 99 days | $57,000,000 |
| 2020 | 25 | $11.11M | $1,434 | 199 days | $37,250,000 |
| 2019 | 12 | $12.58M | $1,616 | 82 days | $43,000,000 |
| 2018 | 15 | $9.872M | $1,362 | 83.5 days | $41,257,000 |
| 2017 | 13 | $9.1M | $1,461 | 255 days | $31,590,000 |
| 2016 | 11 | $7.56M | $1,312 | 103 days | $13,027,942 |
Years marked Limited sales had fewer than 4 usable sales.
Matched-period changes
Same months, different years
| Compared with | Then | Now | Change |
|---|---|---|---|
| Jan 1 to November 3, 2025 | $3,457 (11 sales) | $3,974 (18 sales) | +15.0% |
| Jan 1 to November 3, 2021 | $2,167 (27 sales) | $3,974 (18 sales) | +83.4% |
| Jan 1 to November 3, 2016 | $1,312 (11 sales) | $3,974 (18 sales) | +203.0% |
Median price per living square foot, January 1 through the same month and day in each year. Prices are not adjusted for inflation, and they describe the homes that sold, not how much any one home gained.
Budget bands
Where the money is
| Price range | Sold in the past year | For sale now |
|---|---|---|
| Under $12M | 3 | 0 |
| $12M to under $26M | 6 | 3 |
| $26M to under $32M | 4 | 0 |
| $32M and above | 5 | 14 |
Bands split the past year's sold prices into quarters, rounded to clean steps. Listings are placed by asking price.
Negotiating room
Sold price against asking
Recent sales
Latest closings
| Closed | Type | Price | $/sq ft |
|---|---|---|---|
| 09/01/26 | Single Family Residence | $40M | $6,766 |
| 08/21/26 | Single Family Residence | $9.25M | $3,050 |
| 08/19/26 | Single Family Residence | $12.5M | $2,398 |
| 08/14/26 | Single Family Residence | $26.5M | $3,653 |
| 06/22/26 | Single Family Residence | $33.28M | $5,794 |
| 06/18/26 | Single Family Residence | $10M | $4,011 |
| 06/02/26 | Single Family Residence | $43.25M | $4,390 |
| 05/15/26 | Single Family Residence | $25.15M | $3,937 |
Buying in Estate Section?
Ask for a property-by-property comparison of what is for sale against what has sold, by street, size and year built.
Request a buyer briefSelling in Estate Section?
See how contract timing, financing and pricing play out here before you set a list price.
See selling hereHow to read this page
Dates. Market figures run through November 3, 2026. The past year means November 4, 2025 through November 3, 2026.
When a figure appears. A figure appears only when it rests on at least 4 sales here, which is 1% of the 422 residential properties. Below that, the page says so and still shows the count.
What it means. These are medians of closed MLS sales, not appraisals or asking prices. Read the full methodology.
Full data notes
These figures combine BeachesMLS sales and listing records with Palm Beach County property appraiser tax-roll records. The tax roll sets the count of residential properties, lots included, and that count sets the 1% minimum. See every rule on the Methodology page.