$3,300,000
3,000 SqFt
3 Beds
•3 Full Baths
Scott A Eckert, Listing Office: RPE Realty
Is Royal Palm Yacht & Country Club, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Royal Palm Yacht & Country Club has remained a Buyer's Market.
Key Takeaway
Royal Palm Yacht & Country Club is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Royal Palm Yacht & Country Club, FL
How much do homes in Royal Palm Yacht & Country Club, FL cost?
Median Sold Price
$8,200,000
$1,462/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,062,500(+33.6%)
Key Takeaway
Homes in Royal Palm Yacht & Country Club have sold for 33.6% more than they did a year ago.
Summary: The median home sold price in Royal Palm Yacht & Country Club was $8,200,000 in October 2024, up 33.6% from last year, and the median price per square foot was $1,462.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $5.7M | N/A |
| 3 Bedrooms | $3.2M | $3.4M | +7.0% |
| 4 Bedrooms | $3.8M | $7.5M | +98.7% |
| 5+ Bedrooms | $8.6M | $12.1M | +39.6% |
Summary: Royal Palm Yacht & Country Club housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 98.7%, and 5+ bedroom homes increased by 39.6%.
Housing Supply in Royal Palm Yacht & Country Club, FL
How many homes are available in Royal Palm Yacht & Country Club, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 44 | +2.3% |
Summary: The Royal Palm Yacht & Country Club real estate market had 44 homes for sale in October 2024, a 2.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 29 | 30 | +3.4% |
Summary: The Royal Palm Yacht & Country Club housing inventory by bedroom type for October 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 increased by 3.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Royal Palm Yacht & Country Club, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Royal Palm Yacht & Country Club in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Royal Palm Yacht & Country Club, FL
How long does it take to sell a home in Royal Palm Yacht & Country Club, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 1 Day | 123 Days | +12200.0% |
Summary: Homes in Royal Palm Yacht & Country Club had an average of 123 days on market in Oct 2024, up by 12200% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Royal Palm Yacht & Country Club has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Royal Palm Yacht & Country Club; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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