$1,484 Closing Credit*
$125,000
912 SqFt
2 Beds
•2 Full Baths
Brett Kennedy, Listing Office: COLDWELL BANKER 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 September 2023
Since last year, Majestic Park has remained a Seller's Market.
Key Takeaway
Majestic Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Majestic Park, FL
How much do homes in Majestic Park, FL cost?
Median Sold Price
$124,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$9,500(-7.1%)
Key Takeaway
Homes in Majestic Park have sold for 7.1% less than they did a year ago.
Summary: The median home sold price in Majestic Park was $124,000 in September 2024, down 7.1% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97.9K | $87.5K | -10.6% |
| 2 Bedrooms | $135K | $139.9K | +3.6% |
| 3 Bedrooms | $347K | $426.5K | +22.9% |
| 4 Bedrooms | $486.5K | $615K | +26.4% |
| 5+ Bedrooms | $499.9K | $475K | -5.0% |
Summary: Majestic Park housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.6%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Neighborhoods
| Gulf Crest | $367.5K | $370K | +0.7% |
| Golden Grove Estates | $340K | $342K | +0.6% |
| Majestic Park | $133.5K | $124K | -7.1% |
Housing Supply in Majestic Park, FL
How many homes are available in Majestic Park, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 29 | 27 | -6.9% |
Summary: The Majestic Park real estate market had 27 homes for sale in September 2024, a 6.9% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 14 | +7.7% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Majestic Park housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Majestic Park, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Majestic Park in September 2024, down by 12.5% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 29 Days | 111 Days | +275.0% |
Summary: Homes in Majestic Park had an average of 111 days on market in Sep 2024, up by 275% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Majestic Park are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 7 homes were sold in Majestic Park; 14% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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