Palmas del Mar

Ninety-eight residences closed in Palmas del Mar between January and September 2026, at a median of $468,500 and $289 a square foot. Twelve of them cleared a million dollars, at a median of $1,800,000 and $394 a foot. Every figure on this page was checked against the public sold record, and the two sources agree.

And a good part of it is already spoken for. Counting what the site shows today, at least twenty-three Palmas residences are pending or under contract — eighteen pending and five under contract. That inventory is gone, and it never appears in a price table. What you can still choose from is smaller than the listing count suggests.

Palmas del Mar is also the only community on this site with an accredited school inside the gate. The Palmas Academy sits at 10 Academy Drive, eight minutes from the residences.

On the market now

A search of Palmas del Mar returns 129 properties today. Below are the twenty-seven we hold the full price history on, so you can see what has moved and by how much.

Across those twenty-seven, asking runs from $355,000 to $8,495,000, median $995,000. These are list prices, not sale prices, and they are not a valuation. Fourteen of the twenty-seven have already cut their asking price, $1,545,000 taken off between them. See all 129 in Palmas del Mar.

What closed: 98 residences, January–September 2026

Ninety-eight sales closed in Palmas del Mar between January 1 and September 30, 2026, from $200,000 to $3,800,000, median $468,500, at $131 to $719 a square foot, median $289. Three more closed in the first week of October.

Twelve cleared a million dollars, at a median of $1,800,000 and $394 a square foot. Every one of them:

What the market gave, and what it did not

The median sale closed at 92.5 percent of its original asking price, after a median of 96 days on the market. That is the number a seller should plan around.

But sixteen of the 98 closed at or above their original ask, and one closed above it: Villa Franca II listed at $497,000 and closed at $530,000. 30 Los Lagos took its full $1,850,000, and 42 Los Lagos its full $1,271,000.

At the other end, 1 Surfside #15 opened at $2,300,000 and closed at $1,300,000, and 6 Seascape Peninsula opened at $2,950,000 and closed at $1,800,000. The spread between those two outcomes is set at the first listing, not at the last reduction.

By property type

Those four cover 86 of the 98. The rest are land, duplexes and two commercial units at Palmanova Plaza. One Palmas del Mar average has to cover a $460,000 condominium and a $1,300,000 house, so the figure worth using is the one for your own type.

These are closed sales, not a valuation. Which of them count as comparables for a specific residence is decided in a CMA.

Checked against the public record

We ran the same nine months through the public sold record, independently of the MLS. It returns 101 sales against our 98, and on everything that matters the two land on the same numbers.

Identical on five of the eight lines. The counts are three apart and the medians within one percent. Two records kept by different institutions for different reasons, describing the same market.

Across the full thirty-six months the public record carries 328 sales in Palmas del Mar, median $487,500 and $297 a square foot, with 51 above a million dollars. The pace holds: 109 in 2024, 102 in 2025, and 101 by the end of September 2026.

The school inside the gate

The Palmas Academy, 10 Academy Drive, preschool through twelfth grade, English at every level, accredited by the Middle States Association and CADIE, twelve AP courses, and 99 percent of the class of 2026 matriculated to four-year colleges. From Palmas del Mar the nearest alternative is Saint John’s in Condado, fifty-six minutes away.

Who put these numbers together

Antonio Cartagena, broker, license C-13471, and Lizvette Robles, broker, license C-23765. InvEstate Puerto Rico. Every closing above was pulled from the MLS and cross-checked against the public sold record. Figures as of October 8, 2026.