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Royal Palm Residences Home Values and Market Report

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Market at a glance

Over the last 12 months, homes sold for 88.9% of list price in 117 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $3.25M Sold · $3.15M
$3.8M$3.2M$2.6M$2M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Mar. Last month: 0.

Where the market stands

All homes in this report, by status.

10homes
Active3 · 30%
Under contract1 · 10%
Sold (12 mo)6 · 60%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$4.12M
Under contract$3.4M
Sold$2.89M

Average days on market

Active91 days
Under contract105 days
Sold117 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 3
Average list price $4,116,666
Avg. days on market 91 days
Avg. price per ft² $1,301
Avg. living area 3,134 ft²
Avg. beds / baths 3.7 / 4.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$6M$4M$2M$0

Price vs. living area: 3 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 3 homes in this status.

495 E Royal Palm Road Unit 601$1,431
495 E Royal Palm Road Unit 201$1,280
485 E Royal Palm Road Unit # 503$1,194

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
485 E Royal Palm Road Unit # 503Boca Raton, FL 33432 342,469$2,950,000$1,19419 days
495 E Royal Palm Road Unit 601Boca Raton, FL 33432 453,458$4,949,999$1,431122 days
495 E Royal Palm Road Unit 201Boca Raton, FL 33432 453,475$4,450,000$1,280133 days
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