$5,463 Closing Credit*
$460,000
1,707 SqFt
4 Beds
•2 Full Baths
Cheyanne MacNeill, Listing Office: NETWORTH REALTY OF ORLANDO, LLC
Is Park Manor Estates, 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, Park Manor Estates has remained a Seller's Market.
Key Takeaway
Park Manor Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Park Manor Estates, FL
How much do homes in Park Manor Estates, FL cost?
Median Sold Price
$350,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$20,000(-5.4%)
Key Takeaway
Homes in Park Manor Estates have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in Park Manor Estates was $350,000 in November 2024, down 5.4% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $359K | $347.5K | -3.2% |
| 4 Bedrooms | $415.5K | $349.7K | -15.8% |
| 5+ Bedrooms | $410K | $400K | -2.4% |
Summary: Park Manor Estates 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 did not change, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in Park Manor Estates, FL
How many homes are available in Park Manor Estates, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Summary: The Park Manor Estates real estate market had 15 homes for sale in November 2024, a 25.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 8 | -33.3% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Park Manor Estates 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Park Manor Estates, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Park Manor Estates in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Park Manor Estates, FL
How long does it take to sell a home in Park Manor Estates, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 7 Days | -70.8% |
Summary: Homes in Park Manor Estates had an average of 7 days on market in Nov 2024, down by 70.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Park Manor Estates are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Park Manor Estates; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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