Majestic Groves Real Estate Market Update: July 2025

If you follow Davie real estate, Majestic Groves always makes the shortlist—roomy lots, lush landscaping, and that tucked-away, “private oasis” vibe buyers pay a premium for. Here’s the no-nonsense July 2025 update, minus the fluff (and the photos).

Current Market Snapshot

• Average home value (as of Feb 28, 2025): $1,380,116

• Year-over-year change: +5.8%

What that says: Demand for large-lot, custom single-family homes in Majestic Groves remains strong despite broader market normalization.

On-the-ground read:

• Active listings: Tight. Most homes list at a premium and don’t linger if they’re turnkey.

• Pending sales: New, well-prepped listings draw quick interest.

• Closed sales: Steady, typically $1M+, supporting neighborhood values.

July 2024 vs. July 2025 (Best Available Read)

Net effect: Slightly tighter inventory than last summer, prices up, and a bit more time to sell as buyers get choosier.

Broward & Davie Context (YoY)

• Inventory: Modest increases vs. 2024, still below pre-pandemic norms.

• Prices (upper tiers): +4–6% YoY across much of Davie/Broward.

• Days on Market: Up (Majestic Groves roughly 37 → 44 days).

• Supply behavior: “Would-be” sellers are staying put, keeping selection thin.

National/Regional Currents You’re Feeling Locally

• New listings in major FL metros (Tampa/Orlando) down ~16–18% YoY → ripple effects into luxury suburbs.

• National median DOM: ~58 days, about a week slower than last summer; Majestic Groves runs leaner thanks to exclusivity.

• Price cuts: ~20% nationally in early summer; in Davie’s luxury niche, reductions are less common—sellers wait for the right buyer.

July-to-July Detail: Single-Family Focus

July 2024

• Avg. List Price: $1,304,500

• Homes Sold: 2

• Median Sale Price: $1,275,000

• Pending Sales: 1 (month-end)

• Inventory: 4 active

July 2025 (Estimate)

• Avg. List Price: $1,380,116

• Homes Sold: 2

• Median Sale Price: $1,342,000

• Pending Sales: 1 (month-end)

• Inventory: 3 active

Highlights

• ~+5.8% price growth YoY, consistent with Davie luxury peers.

• Slightly tighter inventory as owners hold.

• Turnkey wins: Move-in-ready + curb appeal still draws multiple buyers.

What’s Hot vs. What’s Not

In Demand

• Large lots with refreshed landscaping/outdoor living

• Open-concept plans and modern kitchens

• Flexible WFH spaces

Lagging

• Dated interiors or deferred maintenance

• Pricing far above recent comps

How to Play the Rest of 2025

Sellers

• You still have the edge—if condition and pricing are dialed.

• Staging + curb appeal = premium attention.

Buyers

• Competition exists for the best homes, but longer DOM gives room to do diligence.

• Negotiate on listings that have sat; move fast on the unicorns.

Investors

• Resilient, steady appreciation beats drama. Think quality, not quantity.

Bottom Line

Majestic Groves continues to prove the case for well-kept luxury in Davie: prices up, inventory lean, and strong demand for homes that show right. The marathon beats the sprint here—presentation and precision pricing win.

Curious about listings, comps, or a tailored strategy in Majestic Groves? Visit Amazing Davie Homes (DavieHomesFL.com) for the latest—and get a property-specific game plan.