Is Laureate Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Laureate Park was a Neutral Market.
Housing Prices in Laureate Park, FL
How much do homes in Laureate Park, FL cost?
Median Sold Price
$730,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Laureate Park was $730,000 in April 2024, down 2.7% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $442.5K | $441K | -0.3% |
3 Bedrooms | $610K | $607.5K | -0.4% |
4 Bedrooms | $1.0M | $925K | -7.5% |
5+ Bedrooms | $1.2M | $1.2M | +3.8% |
Summary: Laureate Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Neighborhoods
Lake Nona South | $672.5K | $687.5K | +2.2% |
Laureate Park | $750K | $730K | -2.7% |
Housing Supply in Laureate Park, FL
How many homes are available in Laureate Park, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 37 | +5.7% |
Summary: The Laureate Park real estate market had 37 homes for sale in April 2024, a 5.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 12 | 16 | +33.3% |
4 Bedrooms | 13 | 8 | -38.5% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Laureate Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Laureate Park in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 35 Days | +94.4% |
Summary: Homes in Laureate Park had an average of 35 days on market in Apr 2024, up by 94.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Laureate Park; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.