Is Presidential Estates, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Presidential Estates is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Presidential Estates has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Presidential Estates, FL

How much do homes in Presidential Estates, FL cost?

Median Sold Price

$269,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,750(+3.0%)

Key Takeaway

Homes in Presidential Estates have sold for 3% more than they did a year ago.

Summary: The median home sold price in Presidential Estates was $269,000 in November 2024, up 3% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $172.5K$165K
-4.3%
2 $245K$250K
+2.0%
3 $475K$382.5K
-19.5%
4 $2.0M$1.4M
-28.9%
5+ --
N/A

Summary: Presidential Estates housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 19.5%, 4 bedroom homes decreased by 28.9%, and 5+ bedroom homes did not change.

Housing Supply in Presidential Estates, FL

How many homes are available in Presidential Estates, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
92111+20.7%

Summary: The Presidential Estates real estate market had 111 homes for sale in November 2024, a 20.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1011
+10.0%
2 5465
+20.4%
3 2530
+20.0%
4 34
+33.3%
5+ 01
+100.0%

Summary: The Presidential Estates housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Presidential Estates, 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 Presidential Estates in November 2024, down by 33.3% 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 Presidential Estates, FL

How long does it take to sell a home in Presidential Estates, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days90 Days+63.6%

Summary: Homes in Presidential Estates had an average of 90 days on market in Nov 2024, up by 63.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Presidential Estates has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Presidential Estates; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

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