$10,000 Closing Credit*
$869,995
2,786 SqFt
5 Beds
•3 Full Baths, 1 Partial
Scott Brazdo, Listing Office: EXP REALTY LLC
Is Laureate Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Laureate Park has remained a Seller's Market.
Key Takeaway
Laureate Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Laureate Park, FL
How much do homes in Laureate Park, FL cost?
Median Sold Price
$715,500
$313/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,500(-0.6%)
Key Takeaway
Homes in Laureate Park have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Laureate Park was $715,500 in November 2024, down 0.6% from last year, and the median price per square foot was $313.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $442.1K | $447.5K | +1.2% |
| 3 Bedrooms | $610K | $610K | 0.0% |
| 4 Bedrooms | $925K | $891K | -3.7% |
| 5+ Bedrooms | $1.3M | $1.2M | -3.8% |
Summary: Laureate 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 1.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Laureate Park | $720K | $715.5K | -0.6% |
| Lake Nona South | $685K | $670K | -2.2% |
Housing Supply in Laureate Park, FL
How many homes are available in Laureate Park, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 51 | -1.9% |
Summary: The Laureate Park real estate market had 51 homes for sale in November 2024, a 1.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The Laureate 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 100%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Laureate Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Laureate Park in November 2024, up by 80.0% month-over-month. Of the 9 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Laureate Park, FL
How long does it take to sell a home in Laureate Park, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 70 Days | +102.6% |
Summary: Homes in Laureate Park had an average of 70 days on market in Nov 2024, up by 102.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Laureate Park are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 9 homes were sold in Laureate Park; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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