August 20, 2026
How can two golf communities two miles apart move in opposite directions on price, in the same twelve months, inside the same city limits?
That is the question worth asking before anyone with a golf-oriented, $3 million-plus budget starts touring Palm Beach Gardens. The city is often described as one market with a shared identity: championship courses, gated privacy, a short drive to PGA Boulevard. In practice, its three best-known golf corridors right now are behaving like three separate economies. One is getting cheaper on a price-per-square-foot basis even as it sells faster. One is appreciating sharply on a supply of homes that stopped growing years ago. And one is still working out what its own numbers mean, because most of its inventory has never been resold at all.
Understanding why matters more than memorizing the medians, because the same budget buys a very different outcome depending on which of the three you choose.
PGA National needs no introduction to anyone who follows golf. Its Champion Course, home to the Honda Classic and the notorious Bear Trap, sits at the center of roughly 5,000 homes spread across 40 separate neighborhoods built mostly in the 1980s and 1990s. Membership in the country club is optional, with tiers ranging from full golf privileges to social access, and residents have on-site dining options that include The Butcher's Club steakhouse, Sushi by Boū, Birdie's Diner, and Honeybelle.
Here is the part that runs against the community's reputation. In May 2026, PGA National's median list price sat near $610,000, with average sale prices closer to $685,000. Price per square foot came in at roughly $361, down about 2 percent from a year earlier. At the same time, homes were moving faster, a median of 56 to 69 days on market depending on the dataset, a meaningful drop from the prior year.
That combination, falling per-square-foot values alongside quicker sales, usually signals one thing: a large, mature inventory where sellers are pricing realistically and buyers are responding. PGA National is not losing appeal. It is behaving like what it actually is, a well-established resale market with thousands of comparable homes, where price discovery is efficient and nobody is paying a premium for scarcity.
Two miles north on PGA Boulevard, Old Palm Golf Club tells the opposite story. Designed by Raymond Floyd, who still serves as the club's honorary chairman, Old Palm was built out to exactly 294 homesites across four neighborhoods: Golf Estates, Isle Estates, Grand Estates, and Custom Estates. That number has not changed and will not change. There is no new construction phase coming.
Over the twelve months ending in April 2026, thirteen Old Palm homes changed hands at an average of roughly $7.4 million, a 93 percent list-to-sell ratio, and about 110 days on market, translating to roughly $945 per square foot. Separately, the community's trailing twelve-month median sale price climbed to about $6.6 million, up close to 26 percent from the period before.
That kind of appreciation in a neighborhood with a fixed, finished supply is a textbook scarcity effect. When the number of homes cannot grow and demand holds steady or rises, price does the adjusting instead of inventory. It also means the entry point keeps moving. As of March 2026, the six homes actively listed in Old Palm ranged from $6.5 million to $29.9 million. There was no meaningful representation anywhere near $3 million.
Avenir is the newest large-scale master-planned community in Palm Beach County, a 4,752-acre project from developer Landstar Group built across eight builder villages. The community's own materials describe a Town Center opening this summer, including a flagship Publix that opened in May 2026, Walgreens, H&H Bagels, Carmela Toast and Coffee Bar, Seppe Pizza Bar, Kitchen Restaurant, Taki Kappo Omakase, Sloan's Ice Cream, Smoke & Maple Gastropub, Venetian Nail Spa, Kevin James Salon, and Velocity Community Credit Union, with roughly 20 businesses expected to be operating at opening.
The MLS numbers offer another view of the market. Over the twelve months ending in July 2026, Avenir recorded 170 home sales at an average asking price of about $1.48 million against an average selling price near $1.32 million, an 89 percent list-to-sell ratio and roughly 141 days on market. That gap between what sellers ask and what buyers pay, combined with a longer selling window than either PGA National or Old Palm, suggests a market still absorbing a large amount of new supply rather than one selling everything the moment it lists.
Inside Avenir, the standout is Panther National, developed by Dominik Senn, a retired Swiss alpine ski racer whose sports agency once represented Roger Federer. It opened in November 2023 as the first new private golf community in Palm Beach County in nearly two decades, built around an 18-hole Jack Nicklaus Signature course co-designed with PGA Tour player Justin Thomas, his first course design. Custom estates come from Miami architect Max Strang, working in what his firm calls an environmental modernism style, and the community has a partnership with Tesla Energy for solar, Powerwall+ battery systems, and EV charging built into homes and amenities.
When Panther National's original estate lots came to market, prices ran from about $3.5 million to $20 million. Current listings span a somewhat different range, roughly the mid-$2 millions to $13 million, most likely reflecting which specific lots and floor plans remain on the market today rather than a decline in value. New construction pricing tends to shift as a community works through its early phases, and buyers evaluating Panther National should ask what stage of that process any given listing represents.
Put the three side by side and the picture sharpens.
| Community | Typical Price Range | Recent Trend | Days on Market |
|---|---|---|---|
| PGA National | Roughly $445,000 to $3.2 million (active listings, May 2026) | Price per sqft down about 2% year over year | 56 to 69 days |
| Old Palm Golf Club | $6.5 million to $29.9 million (active listings, March 2026) | Median sale price up about 26% year over year | About 110 days |
| Panther National (Avenir) | Roughly $2.5 million to $13 million (current inventory) | Community-wide Avenir sales averaging 89% of ask | About 141 days |
A $3 million budget lands in a different position in each one. In PGA National, it sits near the very top of what the resale market currently offers, close to the ceiling of the community's active inventory. In Old Palm, it does not clear the floor at all. As of March 2026, nothing in the community was listed anywhere close to $3 million. In Panther National, that same figure is closer to the entry point for new construction on a Nicklaus and Justin Thomas course, though the buyer taking that entry point should understand they are buying into a community still building out its Town Center and its long-term resale history.
None of this makes one community better than another. It makes them different instruments for the same amount of capital, and the difference only becomes visible once you look past the shared label of "Palm Beach Gardens golf" and into what each market has actually done over the past twelve months.
Is golf club membership required to buy in any of these communities? No, not automatically, and the structures differ. PGA National membership is optional and tiered, from full golf access to social-only plans. Panther National operates as a developer-led club with a capped membership tied to the community, and its fee structure is still evolving as the club builds out, so terms should be confirmed directly before a purchase decision.
Is Panther National a gated community? No. Despite its ultra-luxury pricing, Panther National is set up as an open neighborhood rather than a gated enclave, relying on home size, architectural standards, and community planning rather than a gate for its sense of exclusivity.
When does Avenir's Town Center actually open? Publix opened in May 2026, and the broader Town Center, with its restaurants, salon, credit union, and remaining retail, is targeted for summer 2026, though individual tenant opening dates vary as buildouts finish.
If you are weighing a golf property in Palm Beach Gardens and want a clearer read on where a specific address falls within these trends, John Reynolds & Randi Binder can walk through the current inventory in PGA National, Old Palm, and Avenir with you and provide a free home valuation before you make an offer.
This article is general information, not legal, tax or financial advice. Consult a qualified professional about your situation.
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