Palm Beach

The Town of Palm Beach occupies a 16-mile barrier island in Palm Beach County and ranks among the most established ultra-luxury real estate markets in the United States. The town is home to Worth Avenue, The Breakers, Mar-a-Lago, the Norton Museum nearby in West Palm Beach, and a concentration of legacy oceanfront and Intracoastal estates that rarely change hands. Palm Beach real estate inventory is structurally limited by the island's geography and the town's strict architectural and zoning controls, which has helped the market hold pricing power through every cycle. Buyers include longtime seasonal families, finance and venture principals, and an active stream of buyers relocating from New York, Boston, and Chicago. The Palm Beach single-family market trades at eight-figure medians, with much of the most desirable inventory presented quietly off-market.