$2,731 Closing Credit*
$230,000
1,168 SqFt
2 Beds
•2 Full Baths
Tarik Djemil, Listing Office: AWS Real Estate Team, LLC.
Is Royal Poinciana, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Royal Poinciana was a Neutral Market.
Key Takeaway
Royal Poinciana is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Royal Poinciana, FL
How much do homes in Royal Poinciana, FL cost?
Median Sold Price
$475
$0/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$218,525(-99.8%)
Key Takeaway
Homes in Royal Poinciana have sold for 99.8% less than they did a month ago.
Summary: The median home sold price in Royal Poinciana was $475 in October 2024, down 99.8% from last month, and the median price per square foot was $0.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $219K | $475 | -99.8% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Royal Poinciana housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 99.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Central Business District | $225K | $525K | +133.3% |
| Royal Poinciana | $219K | $475 | -99.8% |
Housing Supply in Royal Poinciana, FL
How many homes are available in Royal Poinciana, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 27 | +92.9% |
Summary: The Royal Poinciana real estate market had 27 homes for sale in October 2024, a 92.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 10 | +66.7% |
| 2 Bedrooms | 7 | 12 | +71.4% |
| 3 Bedrooms | 1 | 5 | +400.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Royal Poinciana housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 71.4%, 3 bedroom homes increased by 400%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
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 Royal Poinciana, 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 Royal Poinciana in October 2024, down by 50.0% month-over-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 Royal Poinciana, FL
How long does it take to sell a home in Royal Poinciana, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 Days | 144 Days | +76.7% |
Summary: Homes in Royal Poinciana had an average of 144 days on market in Oct 2024, up by 76.7% 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 Royal Poinciana are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Royal Poinciana; 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.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.