$23,950,000
0.59 Acres
Land
Andrew Christopher, LLC, Listing Office: William Raveis Real Estate
Is Port Royal, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Port Royal has remained a Buyer's Market.
Key Takeaway
Port Royal is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Port Royal, FL
How much do homes in Port Royal, FL cost?
Median Sold Price
$36,490,000
$3,468/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$10,490,000(+40.3%)
Key Takeaway
Homes in Port Royal have sold for 40.3% more than they did a month ago.
Summary: The median home sold price in Port Royal was $36,490,000 in September 2024, up 40.3% from last month, and the median price per square foot was $3,468.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $26.0M | $36.4M | +40.3% |
Summary: Port Royal housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 40.3%.
Housing Supply in Port Royal, FL
How many homes are available in Port Royal, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 28 | 27 | -3.6% |
Summary: The Port Royal real estate market had 27 homes for sale in September 2024, a 3.6% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Port Royal housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Port Royal, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Port Royal in September 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Port Royal, FL
How long does it take to sell a home in Port Royal, FL?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 165 Days | 267 Days | +61.8% |
Summary: Homes in Port Royal had an average of 267 days on market in Sep 2024, up by 61.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Port Royal are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 1 homes were sold in Port Royal; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
