Is Paradise Point / Royal Harbor Yacht Club, 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, Paradise Point / Royal Harbor Yacht Club has remained a Seller's Market.
Key Takeaway
Paradise Point / Royal Harbor Yacht Club is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Paradise Point / Royal Harbor Yacht Club, FL
How much do homes in Paradise Point / Royal Harbor Yacht Club, FL cost?
Median Sold Price
$1,650,000
$589/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Paradise Point / Royal Harbor Yacht Club have sold for 5.9% more than they did a month ago.
Summary: The median home sold price in Paradise Point / Royal Harbor Yacht Club was $1,650,000 in March 2024, up 5.9% from last month, and the median price per square foot was $589.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.4M | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $1.6M | $1.6M | +0.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Paradise Point / Royal Harbor Yacht Club housing prices by bedroom type for March 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 increased by 0.9%, and 5+ bedroom homes did not change.
Housing Supply in Paradise Point / Royal Harbor Yacht Club, FL
How many homes are available in Paradise Point / Royal Harbor Yacht Club, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Summary: The Paradise Point / Royal Harbor Yacht Club real estate market had 2 homes for sale in March 2024, a 33.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Paradise Point / Royal Harbor Yacht Club housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 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 Paradise Point / Royal Harbor Yacht Club, 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 Paradise Point / Royal Harbor Yacht Club in March 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 Paradise Point / Royal Harbor Yacht Club, FL
How long does it take to sell a home in Paradise Point / Royal Harbor Yacht Club, FL?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 50 Days | 130 Days | +160.0% |
Summary: Homes in Paradise Point / Royal Harbor Yacht Club had an average of 130 days on market in Mar 2024, up by 160% 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 Paradise Point / Royal Harbor Yacht Club are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 1 homes were sold in Paradise Point / Royal Harbor Yacht Club; 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.