$6,638 Closing Credit*
$559,000
1,800 SqFt
3 Beds
•2 Full Baths, 1 Partial
Steven Weber, Listing Office: GREAT WESTERN REALTY
Is Majestic Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Majestic Park was a Seller's Market.
Key Takeaway
Majestic Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Majestic Park, FL
How much do homes in Majestic Park, FL cost?
Median Sold Price
$120,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,900(-7.6%)
Key Takeaway
Homes in Majestic Park have sold for 7.6% less than they did a year ago.
Summary: The median home sold price in Majestic Park was $120,000 in November 2024, down 7.6% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96K | $87.5K | -8.9% |
| 2 Bedrooms | $132.4K | $126.5K | -4.5% |
| 3 Bedrooms | $412K | $430K | +4.4% |
| 4 Bedrooms | $540K | $657.5K | +21.8% |
| 5+ Bedrooms | - | $475K | N/A |
Summary: Majestic Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Golden Grove Estates | $337K | $349.9K | +3.8% |
| Majestic Park | $129.9K | $120K | -7.6% |
Housing Supply in Majestic Park, FL
How many homes are available in Majestic Park, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Majestic Park real estate market had 24 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 10 | 0.0% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Majestic 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 16.7%, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 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 Majestic Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Majestic Park in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Majestic Park, FL
How long does it take to sell a home in Majestic Park, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 80 Days | 59 Days | -26.8% |
Summary: Homes in Majestic Park had an average of 59 days on market in Nov 2024, down by 26.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Majestic Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Majestic 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.