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 buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Grand Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Grand Park, FL

How much do homes in Grand Park, FL cost?

Median Sold Price

$130,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,000(+11.1%)

Key Takeaway

Homes in Grand Park have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Grand Park was $130,000 in November 2024, up 11.1% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $54K-
N/A
2 $100K$119K
+19.0%
3 $113K$130.2K
+15.3%
4 $170K$133K
-21.8%
5+ -$135K
N/A

Summary: Grand Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 15.3%, 4 bedroom homes decreased by 21.8%, 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

Oct 2024Nov 2024CHANGE
2627+3.8%

Summary: The Grand Park real estate market had 27 homes for sale in November 2024, a 3.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2021
+5.0%
4 21
-50.0%
5+ 22
0.0%

Summary: The Grand Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grand Park, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Grand Park in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
152 Days26 Days-82.6%

Summary: Homes in Grand Park had an average of 26 days on market in Nov 2024, down by 82.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 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 November 2024, 2 homes were sold in Grand Park; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 26 Days Ago

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