Royal Palm Polo Market Update: September 2026

by Alex Mendel

Royal Palm Polo Market Update, September 2026: The Gap Between Asking and Closing

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Key Takeaways

Seven homes active, zero pending, ten closed in the trailing twelve months.
Median closed price $3,075,000. Median asking price $3,395,000.
Median sold price per square foot $632 against a median asking $719.
Median days on market: 59 closed, 192 for homes still listed.
Median sale to final list ratio 93.2 percent. Roughly 8.4 months of supply.

What is the Royal Palm Polo market doing in September 2026?

Sellers are asking more per square foot than buyers have been paying, and listed homes are sitting more than three times as long as the ones that sold. Seven are listed, nothing is under contract, ten closed in the trailing twelve months.

What are the current numbers?

Pulled from the MLS on September 21, 2026. Closed figures cover the ten sales recorded between November 20, 2025 and July 9, 2026.

Metric	Closed (10 sales)	Active (7 listings)
Median price	$3,075,000	$3,395,000
Price range	$2,650,000 to $4,000,000	$2,897,000 to $4,500,000
Median price per sq ft	$632	$719
Median days on market	59	192
Median sale to final list	93.2%	n/a
Under contract	n/a	0
Months of supply	8.4

What does the asking versus closing gap mean?

The per square foot gap is 13.8 percent. Nine of the ten homes that closed sold below their final asking price, at a median discount of $222,500. The one that got its number had been on market zero days.

Two and a half months have passed with no recorded closing here. With 8.4 months of supply and a median 192 days on market, the asking prices have not yet met the buyers.

What should sellers take from this?

Your list price is competing with six other homes and a buyer pool that has been patient for six months. The homes that transacted here got there by repricing and then still conceding a median 6.8 percent. Pricing to the closings rather than to the neighbors is the shortest path to a contract, and it starts with an honest read on what your Boca Raton home is actually worth.

What should buyers take from this?

You have leverage and time, and the closed sales give you a defensible number to anchor an offer. A 192 day listing has a seller who has already absorbed two seasons of carrying costs.

I update these numbers monthly. For comps on a specific home here, reach out and I will pull them.

Frequently Asked Questions

What is the median home price in Royal Palm Polo?

The median closed price was $3,075,000 across the ten sales recorded between November 20, 2025 and July 9, 2026. The seven homes currently listed ask a median of $3,395,000.