Is Port Royal a buyer’s or a seller’s market?

Balanced. Port Royal carries about seven months of supply, with 18 homes for sale against 30 sales over the last twelve months. Sellers on the water are giving up less than a year ago, closing at a median 92% of their original asking price against 81%, but the median ask still sits about a quarter above what buyers have paid per square foot.

What is the median price in Port Royal?

Across the 30 sales closed between October 1, 2025 and September 30, 2026, the median was $17,687,500 at $2,898 per square foot. Bay and canal-front homes sold for a median $19,950,000 and homes off the water for $7,200,000. The highest price was $55,000,000, for 4296 Cutlass Lane in January 2026.

Are Port Royal prices rising?

On the water, yes. Bay and canal-front homes sold for a median $3,160 per square foot, about 18% more than the $2,687 of the year before. Total volume was lower, $628.9 million against $652.2 million, only because the prior year included the $225 million sale of three Gulf-front estates on Gordon Drive.

How much below asking do Port Royal homes sell for?

The median sale over the twelve months to September 30, 2026 closed at 91% of its original asking price and 92% of its final one, against 78% of the original price the year before.

How often is this report updated?

On the first of every month, with the month just closed. This edition covers closed sales through September 30, 2026 and inventory as of October 1, 2026, from the Naples Area Board of REALTORS® MLS.

Can I get figures for a specific street or for prior months?

Yes. We hold the full sales history for Port Royal and can prepare a report for any street, waterway or home, including months earlier than this edition. Call (239) 438-1102 and tell us what you need.