Is Royal Palm Beach-West Jupiter, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, Royal Palm Beach-West Jupiter was a Seller's Market.
Key Takeaway
Royal Palm Beach-West Jupiter is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Royal Palm Beach-West Jupiter, FL cost?
Median Sold Price
$529,705
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
Key Takeaway
Homes in Royal Palm Beach-West Jupiter have sold for 21.4% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $105K | $126.9K | +20.9% |
| 2 Bedrooms | $225K | $299.7K | +33.2% |
| 3 Bedrooms | $441.7K | $524.6K | +18.8% |
| 4 Bedrooms | $601.4K | $712.8K | +18.5% |
| 5+ Bedrooms | $760K | $847K | +11.4% |
Median Sold Price Compared To Nearby Cities
| Western Community | $515K | $627.5K | +21.8% |
| Palm Beach Gardens | $484.7K | $589.3K | +21.6% |
| Royal Palm Beach-West Jupiter | $436.3K | $529.7K | +21.4% |
| Loxahatchee | $520.3K | $630K | +21.1% |
| Loxahatchee Groves | $748K | $767.4K | +2.6% |
How many homes are available in Royal Palm Beach-West Jupiter, FL?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 798 | 887 | +11.2% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 17 | 21 | +23.5% |
| 2 Bedrooms | 164 | 180 | +9.8% |
| 3 Bedrooms | 351 | 374 | +6.6% |
| 4 Bedrooms | 171 | 205 | +19.9% |
| 5+ Bedrooms | 95 | 107 | +12.6% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 102 | 123 | +20.6% |
Asking Price vs. Sold Price
91 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Royal Palm Beach-West Jupiter, you may be able to get a good deal. 74% of homes here sold below asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 23 Days | 49 Days | +111.2% |
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Royal Palm Beach-West Jupiter are selling fast, if you're buying plan to act quickly.
All listings featuring the RAPB+GFLR logo are provided by Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2023 Realtors® of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service, Inc.
© 2023 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.
Copyright 2023 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Copyright © 2023 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Brevard Multiple Listing Service. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.