West Palm Beach’s Luxury Housing Market Is Booming, With Sales Up 30%
Rocket Companies, Inc. Class A (RKT)
Company Research
Source: Business Wire
Luxury prices jumped 11%—more than double the national average—in West Palm Beach, which some call “Wall Street South” SEATTLE--(BUSINESS WIRE)--Luxury pending home sales rose 30% year over year in West Palm Beach, FL in January—the biggest increase among the 50 most populous U.S. metropolitan areas. It’s just shy of the 31.5% gain in luxury pending sales that West Palm Beach saw the month before, which was the biggest since June 2021. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.Luxury pending sales in West Palm Beach rose nearly six times faster than non luxury pending sales, which posted a 5.2% year-over-year increase.West Palm Beach bucked the national trend; U.S. luxury pending sales fell 3.6% from a year earlier in January, and U.S. non luxury pending sales declined 1.8%.This is based on a Redfin analysis of MLS home sales from November 2025 through January 2026, which is referred to as “January” throughout the report. All figures
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