The median sale price of a home sold in May 2019 in Royal Palm Beach fell by $3,000 while total sales increased by 23%, according to BlockShopper.com.
In May 2019, there were 75 homes sold, with a median sale price of $235,000 – a 1.3% decrease over the $238,000 median sale price for the same period of the previous year. There were 61 homes sold in Royal Palm Beach in May 2018.
The median sales tax in Royal Palm Beach for the most recent year with available data, 2014, was $2,127, approximately 0.9% of the median home sale price for May 2019.
The following table compares Royal Palm Beach to other Palm Beach County cities with similar median sales prices in May 2019:
| City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| West Delray | 1 | 1 | 0% | $255,000 | $250,000 | 2% |
| Boynton Beach (unincorporated) | 255 | 204 | 25% | $250,000 | $268,750 | -7% |
| Uninc-33409/West Palm Beach South | 2 | 1 | 100% | $247,450 | $37,900 | 552.9% |
| Lake Worth | 301 | 228 | 32% | $246,000 | $223,000 | 10.3% |
| Boca Raton (unincorporated) | 288 | 194 | 48.5% | $238,500 | $305,500 | -21.9% |
| Royal Palm Beach | 75 | 61 | 23% | $235,000 | $238,000 | -1.3% |
| Lake Worth Corridor CDP | 22 | 16 | 37.5% | $225,000 | $183,500 | 22.6% |
| Lantana | 27 | 27 | 0% | $200,000 | $195,000 | 2.6% |
| Lake Park | 12 | 10 | 20% | $200,000 | $204,500 | -2.2% |
| West Palm Beach | 295 | 243 | 21.4% | $197,700 | $195,000 | 1.4% |
| Sandalfoot Cove CDP | 62 | 28 | 121.4% | $194,000 | $206,450 | -6% |
