What changed
Closed activity was unchanged from the prior month. The typical sold price per living square foot rose by $2,871 (79.7%) from the prior month. Homes that sold took 111 days less time to find a buyer (66.5%) than in the prior month.
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Manalapan · Waterfront market report
Palm Beach Island Oceanfront
Start with what changed, what it may mean for a waterfront owner, and what to watch next. Then explore current competition, recent sales, pricing, selling pace, and context against other published Waterfront markets.
Palm Beach Island OceanfrontManalapan / Market intelligence
Owner intelligence · Waterfront 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 · Limited monthly evidencePalm Beach Island Oceanfront 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
1 1 verified closing- vs. June 2026
- No change · +0.0%
- vs. July 2025
- 1 more · % —
Median Sold $ / Living Sq Ft
$6,474 Based on 1 closed sale- vs. June 2026
- Up $2,871 · +79.7%
- vs. July 2025
- —
Median Days on Market
56 days Based on 1 closed sale · listing to contract- vs. June 2026
- 111 days faster · -66.5%
- vs. July 2025
- —
30-year fixed mortgage rate
6.66% July 30, 2026- Official source
- Freddie Mac ↗
- Role
- Financing context
See the monthly evidence and sample sizes
1 eligible sale closed in July 2026, compared with 1 in June 2026 and 0 in July 2025. The month-to-month change was 0 change; the year-over-year change was 1 more.
The July 2026 median sold price per living square foot was $6,474 across 1 qualifying sale—79.7% higher than June 2026. The supporting median sold price was $30.27 million across 1 qualifying sale. 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.
With only 1 July 2026 closing, medians can move sharply when the property mix changes. Owners should treat the monthly direction as a signal to investigate, not a stand-alone valuation.
Median Days on Market was 56 days across 1 supported closed sale in July 2026. The pace was 111 days faster (-66.5%) versus June 2026. 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.
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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Typical sold price
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Typical sold price / living sq ft
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Homes competing now
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Typical time to find a buyer
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Inventory at the recent sales pace
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10-Year Market Appreciation
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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 market view to its waterfront areas or streets.
These local views show where buyers are seeing the most comparable choices. When mapped waterfront areas are not supported, the report uses verified street-level records instead.
A verified lower-level dataset is not currently published for Palm Beach Island Oceanfront. The market-level key stats and history above remain available; no 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. The monthly report uses July 2026, the latest complete calendar month before the global MLS source date. The sitewide MLS date comes from the newest authoritative MLS file date—not a folder, copied-file, build, or deployment timestamp.
Your property is more specific than a market median