ROYAL PALM NORTH 1ST ADDN in

ROYAL PALM NORTH 1ST ADDN
Homes for Sale in , FL

Miami-Dade County · ZIP 33016
Median sale $1.08M
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
27/100
Market Heat
Cooler than normal
2014 → 2026 · 79 at the 2022 peak
0 is ROYAL PALM NORTH 1ST ADDN's coldest market since 2014, 100 its hottest. Today: 27. How it's scored

Photo via miami

Built fromLive miami data14 years of closingsUpdated twice daily
Live · ROYAL PALM NORTH 1ST ADDN Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.08M
Median sold · 12 mo
down 4.7% vs the prior 12 months
-4.7%
1-yr price change
n = 3 and 4 sales in the two windows
$447/sf
Sold $/sqft · 12 mo
peak $447 in 2026
91.1%
Sale vs ask
Tempo
72days
Median DOM · closed
10 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
67%
Cash buyers · ROYAL PALM NORTH 1ST ADDN
2 of 3 sales, 12 mo ending July 2026
Track record · 14 years of records
2,595sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Royal Palm North 1st Addn is pricing on a per-square-foot basis right now, with a median near $1,075,000 and a median price per square foot around $447. That combination points to a market where condition and layout are doing most of the work on value, not just square footage or lot size.

With only three closings in the current window, the median here should be read as a directional signal rather than a precise line. A median days-on-market above two months and a market heat score of 27 both suggest a slower, more negotiated pace right now, with pricing down from a year ago rather than climbing. Buyers get room to be deliberate; sellers need pricing and presentation to match the current tempo rather than the last cycle's.

ROYAL PALM NORTH 1ST ADDN Housing Pulse · Momentum Research · as of July 20, 2026

ROYAL PALM NORTH 1ST ADDN right now

🟡 Off the recent peak. The trailing-12-month median ($1.08M) is down 4.7% from the prior 12 months ($1.13M). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level miami closed sales, 12-month windows ending July 20. Confidence: Low (3 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

ROYAL PALM NORTH 1ST ADDN market snapshot (as of July 20, 2026): the median sale price is about $1.08M ($447 per sq ft over the trailing 12 months of closed sales), and a median 72 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months, computed from record-level miami closed sales (3 closings in the current window).

This is a lower-volume corner of the Miami-Dade market where each closing carries more weight in the numbers, so the median price and per-square-foot figures should be treated as a current read rather than a fixed benchmark.

Best for

  • Buyers targeting a higher price-per-square-foot property and prioritizing condition and layout over raw size.
  • Buyers who can be patient through a longer closing timeline and are not working against a hard deadline.
  • Sellers who can price against real recent comparables rather than a broad market average.

Probably not for

  • Buyers needing a fast close or a large, active inventory pool to choose from.
  • Buyers expecting a lower per-square-foot entry point than the current median suggests.
  • Sellers hoping for a fast bidding-war style sale given the current slower pace and negative year-over-year trend.

Windows contain 0 to 8 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$500K$750K$1M20122014201620182020202220242026
Down 4.7% year over year.
Every sale since 2012 · price vs size
$0$500K$1M$1.5M2k4k6k8k
51 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$40020122014201620182020202220242026
Up from $118 in 2012 to a $447 peak in 2026; $447 now.
Median days on market · closed sales
05010020122014201620182020202220242026
10 days at the 2022 low; 72 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
91.1% now.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 8 a year; 3 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014202020222026
79 at the 2022 peak, 27 in the troughs, 27 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,099/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

34% of homes for sale in ZIP 33016 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).

ROYAL PALM NORTH 1ST ADDN Market Scorecard

Balanced

ROYAL PALM NORTH 1ST ADDN is currently a balanced market..

$1,075,000
Median sold
0/1/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in ROYAL PALM NORTH 1ST ADDN

Live MLS inventory for ROYAL PALM NORTH 1ST ADDN. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending ROYAL PALM NORTH 1ST ADDN listings as of 2026-07-20, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.

If we were buying in ROYAL PALM NORTH 1ST ADDN today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in ROYAL PALM NORTH 1ST ADDN.

Best Buy
Buyers and sellers comfortable making decisions on a thin data set and willing to dig into individual comparables.
Biggest Risk
With just three recent closings, the median can shift quickly as new data lands, so treat it as directional.
Sweet Spot
Buyers who have already toured comparable inventory and can move once the right property surfaces, given the slower pace here.
Avoid If
Skip this if you need a fast, high-certainty close in a matter of weeks, since current days-on-market runs well past a month.

What the numbers actually say

A median of $1,075,000 against roughly $447 per square foot tells you this community sits in a higher price-per-square-foot tier, where finish level and floor plan efficiency likely separate the top and bottom of the range more than size alone. With only three closings feeding the current window, buyers and sellers should look at individual comparable sales in detail rather than leaning on the median as a firm ceiling or floor.

The median days-on-market figure, north of seventy days, combined with a year-over-year change of about -4.7% and a market heat score of 27, describes a market that is not moving quickly. That is not a red flag on its own, but it does mean pricing has to be disciplined from day one; overpricing in a slower-absorption market tends to compound rather than correct itself.

The location and the amenities are priced into every listing in ROYAL PALM NORTH 1ST ADDN. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market with this little transaction volume, the difference between a good outcome and a mediocre one usually comes down to how carefully the available comparables are read and how a listing is positioned against them. We treat the current data as a starting point for a conversation, not a final answer, and we walk buyers and sellers through what the recent closings actually mean for their specific property or offer.

ROYAL PALM NORTH 1ST ADDN in 15 seconds.

Best forBuyers and sellers comfortable making decisions on a thin data set and willing to dig into individual comparables.
Biggest advantagePer-square-foot pricing here runs on the higher side, reflecting condition and finish as the main value drivers.
Biggest riskWith just three recent closings, the median can shift quickly as new data lands, so treat it as directional.
Sweet spotBuyers who have already toured comparable inventory and can move once the right property surfaces, given the slower pace here.
Avoid ifSkip this if you need a fast, high-certainty close in a matter of weeks, since current days-on-market runs well past a month.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed ROYAL PALM NORTH 1ST ADDN sales matched to your home.

What is your ROYAL PALM NORTH 1ST ADDN home worth?

Get a no-obligation home value based on real comparable sales in ROYAL PALM NORTH 1ST ADDN, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in ROYAL PALM NORTH 1ST ADDN on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in ROYAL PALM NORTH 1ST ADDN?
The median sale price in ROYAL PALM NORTH 1ST ADDN was $1.08M over the 12 months ending July 20, 2026 (3 closed sales, miami).
How long do homes in ROYAL PALM NORTH 1ST ADDN take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 72 days on market (3 sales, miami).
Do cash buyers compete in ROYAL PALM NORTH 1ST ADDN?
Cash buyers took 67% of ROYAL PALM NORTH 1ST ADDN sales in the 12 months ending July 2026 (2 of 3 closings, miami).
Who is the best real estate agent for ROYAL PALM NORTH 1ST ADDN?
The best agent for ROYAL PALM NORTH 1ST ADDN is one who actively works and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for ROYAL PALM NORTH 1ST ADDN.
How do I find a top real estate agent who knows ROYAL PALM NORTH 1ST ADDN?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows ROYAL PALM NORTH 1ST ADDN and the wider area.
Can Momentum Realty connect me with an agent for ROYAL PALM NORTH 1ST ADDN?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your ROYAL PALM NORTH 1ST ADDN purchase or sale - no call center and no pressure.
Buyers targeting a higher price-per-square-foot property and prioritizing condition and layout over raw size.Excellent fit
Buyers who can be patient through a longer closing timeline and are not working against a hard deadline.Excellent fit
Sellers who can price against real recent comparables rather than a broad market average.Excellent fit
Buyers needing a fast close or a large, active inventory pool to choose from.Probably not
Buyers expecting a lower per-square-foot entry point than the current median suggests.Probably not
Sellers hoping for a fast bidding-war style sale given the current slower pace and negative year-over-year trend.Probably not

Nearby Communities

Explore more neighborhoods near ROYAL PALM NORTH 1ST ADDN with Momentum Realty’s local guides.

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Browse all Florida neighborhood guides →

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2012 (51 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in ROYAL PALM NORTH 1ST ADDN? 3 recorded closings; median 72 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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