Royal Palm Estates Housing Market Report April 2025•Broward County, Florida

hero building illustration for mobile

Housing Prices in Royal Palm Estates, FL

How much do homes in Royal Palm Estates, FL cost?

Housing Market Conditions

Is Royal Palm Estates, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Royal Palm Estates is a Seller's Market

Difference Since March 2025

Last month, Royal Palm Estates has remained a Seller's Market.

Insight

Royal Palm Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$800,000$400/SqFt
+$25,000
+3.2%

Based on all homes sold in April 2025

Insight

Homes in Royal Palm Estates have sold for 3.2% more than they did a month ago.

Summary: The median home sold price in Royal Palm Estates was $800,000 in April 2025, up 3.2% from last month, and the median price per square foot was $400.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Royal Palm Estates
+3.2%
Plantation Golf Estates
-30.9%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1--
N/A
2--
N/A
3--
N/A
4$775K$800K
+3.2%
5--
N/A

Summary: Royal Palm Estates housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +3.2%. The home price for 5 bedroom homes did not change.

How does Royal Palm Estates, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Royal Palm Estates, FL

Housing supply in Royal Palm Estates, FL

How many homes are available in Royal Palm Estates, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2Last MonthApr 2025
22 months agoMar 2025
0.0 %
Change MoMMar – Apr

Summary: The Royal Palm Estates real estate market had 2 homes for sale in Apr 2025, the same as Mar 2025

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthApr 2025
12 months agoMar 2025
0.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
200
0.0%
300
0.0%
422
0.0%
500
0.0%

Summary: Royal Palm Estates housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Royal Palm Estates, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Royal Palm Estates, 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 Palm Estates in April 2025, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Royal Palm Estates, FL

How long does it take to sell a home in Royal Palm Estates, FL?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Royal Palm Estates are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2025, 1 homes were sold in Royal Palm Estates; 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.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
94 DaysLast MonthApr 2025
111 Days1 month agoMar 2025
-15.3 %
Change MoMMar – Apr

Summary: Homes in Royal Palm Estates had an average listing age of 94 days in Apr 2025, down by 15.3% compared to the previous month.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Royal Palm Estates, FL

What homes are available in Royal Palm Estates, FL?

See More Listings

Nearby markets

Nearby markets aren't available for Royal Palm Estates, FL

Popular Cities with Homes for Sale in Florida

MLS Disclaimers and Copyright

Based on information from Miami MLS, for the period 03/01/2025 - 05/01/2025

IDX © 2025 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 7:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.