Is Grand Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grand Park is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Grand Park was a Seller's Market.

Key Takeaway

Grand Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Grand Park, FL

How much do homes in Grand Park, FL cost?

Median Sold Price

$130,000

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+8.3%)

Key Takeaway

Homes in Grand Park have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Grand Park was $130,000 in October 2024, up 8.3% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $54K-
N/A
2 $97.5K$119K
+22.1%
3 $117.5K$130.2K
+10.9%
4 $191.5K$133K
-30.5%
5+ -$135K
N/A

Summary: Grand Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 30.5%, and 5+ bedroom homes did not change.

Housing Supply in Grand Park, FL

How many homes are available in Grand Park, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3028-6.7%

Summary: The Grand Park real estate market had 28 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2320
-13.0%
4 54
-20.0%
5+ 13
+200.0%

Summary: The Grand Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grand Park, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Grand Park in October 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Grand Park, FL

How long does it take to sell a home in Grand Park, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
84 Days69 Days-18.4%

Summary: Homes in Grand Park had an average of 69 days on market in Oct 2024, down by 18.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Grand Park are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Grand Park; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

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