2024 YEAR END MARKET REPORT

Royal Palm Yacht & Country Club b o c a

r a t o n

|

f l o r i d a

2024

M A R K E T R E P ORT Y E A R E N D R E A L E S T A T E M A R K E T A N A LY S I S R O YA L P A L M YA C H T & C O U N T R Y C L U B

INTERIOR

R O YA L PA L M YA C H T & C OU N T RY C LU B

GOLF COURSE

WAT E R F R O N T

2024

2023

2022

2021

HIGHEST SALE PRICE

$13,000,000

$10,000,000

$9,800,000

$10,000,000

LO W E S T S A L E P R I C E

$3,000,000

$2,722,500

$2,200,000

$1,540,000

18

17

17

44

HIGHEST SALE PRICE

$19,750,000

$16,150,000

$16,470,000

$10,300,000

LO W E S T S A L E P R I C E

$4,700,000

$5,000,000

$2,950,000

$2,750,000

15

8

5

33

HIGHEST SALE PRICE

$40,000,000

$28,000,000

$25,750,000

$24,500,000

LO W E S T S A L E P R I C E

$8,500,000

$8,350,000

$6,275,000

$5,275,000

15

6

9

24

INTERIOR PROPERTIES

NUMBER OF SALES

G OLF COURSE PROPERTIES

NUMBER OF SALES

WA T E R F R O N T P R O P E R T I E S

NUMBER OF SALES

T O TA L S A L E S

48

31

31

101

O V E RA L L H I G H E S T S A L E P R I C E

$40,000,000

$28,000,000

$25,750,000

$24,500,000

O V E RA L L LO W E S T S A L E P R I C E

$3,000,000

$2,722,500

$2,200,000

$1,540,000

FIRST QUARTER SALES

$152,179,033

$65,860,000

$56,630,000

$193,635,625

SECOND QUARTER SALES

$218,890,000

$89,525,000

$69,195,000

$197,446,550

THIRD QUARTER SALES

$104,390,300

$83,997,500

$51,125,000

$97,283,330

FOURTH QUARTER SALES

$7 7,290,000

$17,920,000

$65,751,996

$106,149,7 75

32

19

16

61

16

12

15

40

$552,749,333

$257,305,500

$242,701,996

$594,515,280

v

D AV I D W . R O B E R T S , R O YA L P A L M P R O P E R T I E S ® T O TA L S A L E S

A L L OT H E R AG E N T S C O M B I N E D T O TA L S A L E S

T O TA L S A L E S

Sales information in this report is based in whole, or in part, on data supplied by the Realtor Association of Palm Beach County, Inc. or its Multiple Listing Service (neither are in any way responsible for its accuracy and may not reflect all real estate activity in the market) for the period of January 1, 2021 – December 31, 2024. Sales mentioning Royal Palm Properties® were sales Royal Palm Properties®, Licensed Real Estate Broker, participated in as listing and/or selling broker. Sales that denote all other agents combined were sales that Royal Palm Properties® did not participate in.

R OYA L PA L M P R O P E RT I E S ® SA L E S Address

D AV I D W. R O B E R T S O F R O YA L PA L M P R O P E R T I E S®

$

621M+

TOTA L SA L E S VO L U M E

“

I am both grateful and honored to be the broker of choice in Royal Palm for over 40 years. As the only real estate brokerage dedicated exclusively to RPYCC, we are pleased to announce our 2024 sales achievements.

“

David W. Roberts R oy a l P a l m P r o p e r t i e s ® B r o ke r / O w n e r

Location

Sold Date

Sold Price

1

505 Alexander Palm Road

Waterfront

01/25/24

$13,038,975

2

1812 Sabal Palm Circle

Golf Course

01/31/24

$16,850,000

3

1481 Royal Palm Way

Golf Course

02/13/24

$5,750,000

4

272 Thatch Palm Drive

Golf Course

02/20/24

$16,390,652

5

2240 Date Palm Road

Interior

02/29/24

$3,000,000

6

2083 Thatch Palm Drive

Golf Course

03/04/24

$6,775,000

7

415 Alexander Palm Road

Waterfront

03/18/24

$25,924,406

8

1576 Thatch Palm Drive

Golf Course

03/22/24

$8,400,000

9

2160 E Silver Palm Road

Interior

03/22/24

$6,725,000

10

480 Alexander Palm Road

Intracoastal

03/29/24

$26,500,000

11

481 Thatch Palm Drive

Interior

04/15/24

$4,000,000

12

2131 Date Palm Road

Interior

04/18/24

$3,100,000

13

430 Royal Palm Way

Interior

04/19/24

$6,500,000

14

521 Alexander Palm Road

Waterfront

04/22/24

$10,792,000

15

2499/2500 E Maya Palm Drive Intracoastal

04/30/24

$40,000,000

16

1850 Sabal Palm Drive

04/30/24

$5,950,000

Interior

17

283 Sabal Palm Terrace

Interior

05/01/24

$10,500,000

18

2348 E Maya Palm Drive

Intracoastal

05/24/24

$11,750,000

19

1801 Royal Palm Way

Golf Course

06/07/24

$12,625,000

20

174 Coconut Palm Road

Waterfront

06/11/24

$19,000,000

21

215 Coconut Palm Road

Waterfront

06/14/24

$19,500,000

22

293 Princess Palm Road

Interior

07/02/24

$5,115,300

23

360 Alexander Palm Road

Waterfront

07/22/24

$28,500,000

24

1440 Thatch Palm Drive

Golf Course

08/05/24

$9,650,000

25

159 Coconut Palm Road

Waterfront

08/08/24

$8,500,000

26

1964 Royal Palm Way

Intracoastal

08/15/24

$15,800,000

27

1654 Sabal Palm Drive

Golf Course

10/08/24

$19,750,000

28

254 Fern Palm Road

Interior

10/25/24

$10,300,000

29

132 Thatch Palm Cove

Golf Course

10/31/24

$4,700,000

30

484 Royal Palm Way

Interior

12/06/24

$13,000,000

31

230 S Maya Palm Drive

Waterfront

12/16/24

$9,500,000

32

170 Royal Palm Way

Golf Course

12/26/24

$9,890,000

A L L OT H E R AG E N T SA L E S C O M B I N E D Address

ranks

D A V I D W. R O B E R T S as a

I N

T H E

by I N D I V I D U A L

N A T I O N SALES VOLUME

Location

Sold Date

33

2255 Date Palm Road

Interior

01/08/24

Sold Price $3,575,000

34

1655 Royal Palm Way

Golf Course

01/19/24

$8,000,000 Capone Isla

35

485 Royal Palm Way

Golf Course

03/11/24

$7,000,000

36

2161 Acorn Palm Road

Interior

03/15/24

$4,250,000 $28,450,000

37

444 Alexander Palm Road

Intracoastal

04/05/24

38

2338 W Maya Palm Drive

Interior

04/10/24

$3,210,000

39

2398 Areca Palm Road

Interior

04/11/24

$12,500,000

40

2400 E Maya Palm Drive

Intracoastal

04/22/24

$13,500,000

41

1797 Sabal Palm Circle

Interior

05/28/24

$5,900,000

42

485 Royal Palm Way

Golf Course

06/04/24

$7,500,000

43

1625 Sabal Palm Drive

Interior

06/10/24

$4,113,000

44

434 Areca Palm Road

Interior

07/01/24

$4,775,000

45

1857 Sabal Palm Circle

46

257 Royal Palm Way

Interior

07/11/24

$7,550,000

Golf Course

07/17/24

$6,000,000

47

169 Key Palm Road

Waterfront

08/23/24

$18,500,000

48

2249 W Maya Palm Drive

Golf Course

12/30/24

$10,150,000

37

10

1

Alexander Palm Road

14

15

470

484

484

2405

2499/2500

40

18

East Maya Palm

9

49

243

250

280

338

Dri ve

366

384

30

2100

7

25

229

2120

2128 318

2133

2131

2124

2121

2100

2148 2155

202

2172

2196

2222

2175

2199

2225

9

5

2101

2121

2155

2177

2199

2235

9 224

225

229

y Royal Palm Wa

2061 2041 2019 1999

2038 2016 1994

2083

2060

2082

137

Royal Palm Way

2100

430

450

2130

2160 2161

2134

2161

2166

2198

2230

2199

2233

2250

5 231

121

2150

d l m R oa

466

2172 2136

d m Roa

13

2121

9

2150

2128

2156

2184

2280

2266 2269 2244 2249

2290

4 231

2299

232

484

2151

2177

2161

2199

2221

2212

2240

2255

2291

242

2165

rry Pa Che

2200

2221 2200

2184 2199

2156

2212

2233

2244

8 226

2247

2269

9 229

0 231

3 233

8 233

142

2201

a Pal Arec

2199

2220

2221

Road

2208

Road

2190

2250

2265

2267

2268

2296

6 229

5 231

0 234

5 234

5 234

184

2250

39 2225

2280

2295

2323

4

232

2

324

36

50 2261 22

alm en P

2244

2280

0

231

2275

3 232

2

234

5 235

2

235

3

234

62

23

12

2300

2275

6

236 lm e r Pa t Silv

2300

2316

2 235

236

7

2

3

233

77

oad lm R rn Pa Aco

2303

2323

1 239

8

238

99

23

0

238

3

237

2 6 1 23

236

130

2200

458

170

2250

461

156

2249

450

23

2

235

0 238

95

23

2

6

238

32

227 7

449

444

2350

24

7 237

2

0 40

04

24

84

9

Driving Range

2348

444 434

2350

435 Que

1 235

425 Eas

2398

44

oad

2321

434

Road

2369

0 42

398

2400

355

5

2398

8

25 24

6

05

D

R Palm ate

9 239

40

24

9 38

33

oad alm R Areca P

8

Palm ver

01

36

t Sil Wes

2364

456

9 36

rive lm D

2400

450

Pa aya st M We

24

333

5 40

237

10

24

34

24

48

24

3 56

0

2

2408

oad

34

23

00

91

23

01

64

24

Croquet Court

6 24

325

9 35

24

3 30

368

0

61

32

35

5 30

98

1 0

29

24

0

9

4 30

0

27

37

00

1 29

99

2

98

34

24

6

8

31

24

33

3

26

4 29 2

24

252

5

0

29

5

238

34

9

28

3

27

33

255

565

0 30 239

31

2

550

79

24

3129

444

264

528

31

431

252

432

238

533

336

27

420

419

267

521

alm R

401

D

230

510

nu tP

ad

Ro

404

lm

505

5 30

324

280

391

2

396

288

31 2

Pa

37 7

9

289

384

353

33 272

495

7

372

Co co

251

500

72 298

e at

239

492

1 260

483

36 271

471

1

34

360

327

455

0 30 248

480

0 251

468

36 239

456

295

443

6

284

34 8

272

444

3 260

429

8 248 236

38

ad Ro

336 236

227 212

2

e iv Dr

300 227

47

lm Pa

324

215

224

11

a ay

285

207

141

m al

273

212

215 200

P er lv Si

261

191

169

M

23 249

194

191

th

34 181

181

u So

310

159 184

r way Wate

296

169 170

il Palm

284 224

25 159

Fishta

272

147

ay ater w lm W rfly Pa Bu e

260

174

Road

248

ay

and 237

21 m nt Pal Cocou

Road

234

225 200

160

R o ad

der Palm

224

215

ater w alm W

211

2

144

33

150

lm Key Pa

y aterwa alm W

Royal P 212 Alexan

200

133

432

130

31

195

3

182

20 7

415

175

9

166

neer P Bucca

165

40

151

37

12

400

2

17 7

152

8

l Federa

157

144

141

37

R OYA L PA L M YA C H T y Highwa

6

1

201 215

46 0 19

27 1 28 5

299

10

315 329 343 357 371

385

399

429

443

35 471 457

42

485

2121

Intracoastal Wate 281

29

12

ive

16

4

118

8 133

14

31

247

311

3

11

6

1251

7

217

248 231

2 246

272 249

263

16

383 359

407

431

455

481

499

230

250

311 312

335 336

East C ami n o Rea l

11

12

2

1000

00

12

40

12 20

12

29

13

01

13

13

1040

5

5

0

4

48

88

2

18 17 9 80

17 44

17 20

17

29

1080

y

125

7

Thatch Palm Drive

1

128

80

12 60

12

130

133 0

1356

1384

1412

1440

1466

1492

8

00

16 76

15

154

151

1289

1120

Sabal Palm Drive

5 31

0

1377 324

125

292

1159

293

14

1160

282

2

283

0

264

130

263

128

250

Fan Pa lm Road

1370

1241

1281

17

1222

Royal Palm Wa

1323

8

133 0

324

1355

1387

1415

1447

1479

215

24

16

24

1280

1461

1356

293 292

1311

282

1388

254

1310

15

264

oad Fern Palm R

d lm Roa

28

1339

263

1430

1462

1371

34 324

1456

1575

292

1500

293

22 283

oad Pr incess Palm R

1515

1575

Fan Pa

1340

Way

282

1401

14

283

1400

43 262

1481

4 246

1480

5 16 1576

1532

290

17 263

rrace alm Te Sabal P

2

1521

1 66

1560

270

1

8 5

1200

rway 1681

1561

19 252

1560

13

23

1520

27 8 166 1693

1600

1680

0

1601

1694

22

1600

6 240

1625

170 1701

1616

12

17

1629

17 20

17

1628

11

1

163 9

17 32 66

1628

40

1655

1 9 88

1656

42

16

17

1685

99

1698

175

16

16

9

1711

93

18 Dr

1722

79

85

17

17

9

179

lm

1739

71

1784

17

17

98

Pa

1750

72

17

18

1

18

62

1972

01

18

4

29

1

191 9

1

5

195

19 7 7

193 9

189 3 187 185

192 8

1950

190 6 188

17 7

ch

1801

58

17

17

1781

1815

at

1788

1819

17 78

Circle

1824

1845

1786

1791

1810

1831

1824

41 U.S .

1370

26

Pa lm

187 7

2

1899

2 1794

Saba l Pa lm

1900

Royal

1803

22

1908

18

1797

1862

16

1836

1

1800

45 1850

1848

1959

1834

1857

1880

9 86

1936

12

8

1806

18

8 18

1964

1991

18

1992

2020

2055 3

e Dr i v

209 5 00 Th

Sa b al Palm

2050

T & COUNTRY CLUB IN 2024

48 S OLD 1 100 104 118

117 132 146 160

174

188

202

216

4269

291

358

382

404

428

450

474

The Boca Raton

I N T E R E S T I N G Y E A R- OV E R-Y E A R A NA LYS I S R PYC C SA L E S DATA: 2 02 1/2 022/2 023/2 024 M O N T H LY S A L E S B Y Y E A R MONTH

PR I C E R A NGE SA L E S BY Y E A R

2021 2022 2023 2024

PRICE RANGE

2021

2022

2023

2024

$1 million - $1,999,999

3

0

0

0

$2 million - $2,999,999

10

2

1

0

$3 million - $3,999,999

24

7

7

4

$4 million - $4,999,999

15

1

3

5

JANUARY

7

3

2

4

FEBRUARY

12

3

5

3

MARCH

13

5

1

7

APRIL

11

3

2

10

$5 million - $5,999,999

14

2

4

4

M AY

9

1

3

3

$6 million - $6,999,999

9

4

2

4

JUNE

16

4

5

5

$7 million - $7,999,999

6

3

3

3

J U LY

9

3

2

5

$8 million - $8,999,999

0

3

2

3

AUGUST

4

1

5

4

$9 million - $9,999,999

6

3

1

3

SEPTEMBER

2

2

2

0

$10 million - $10,999,999

5

1

3

4

O CTO B E R

6

3

1

3

$1 1 m i l l i o n - $ 1 4 , 9 9 9 , 9 9 9

2

1

0

6

$1 5 m i l l i o n - $ 1 9 , 9 9 9 , 9 9 9

4

1

2

7

NOVEMBER

7

2

2

0

$2 0 m i l l i o n - $ 2 4 , 9 9 9 , 9 9 9

2

2

2

0

DECEMBER

5

1

1

4

$2 5 m i l l i o n +

1

1

1

5

101

31

31

48

T O TA L

101

31

31

48

T O TA L

T H E

Save the Date R O Y A L

P A L M

P R O P E R T I E S®

S H O W C A S E O F H O M E S™ S U N D A Y

March

30

th

Contact us NOW to be included 5 6 1 - 3 6 8 - 6 2 0 0 | D A V I D @ R O YA L P A L M . C O M