Is Gateway, 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, Gateway was a Seller's Market.
Housing Prices in Gateway, FL
How much do homes in Gateway, FL cost?
Median Sold Price
$421,166
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gateway was $421,166 in April 2024, down 2.5% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $196.9K | $200K | +1.5% |
2 Bedrooms | $262K | $276.5K | +5.5% |
3 Bedrooms | $427.4K | $436.8K | +2.2% |
4 Bedrooms | $580K | $580K | 0.0% |
5+ Bedrooms | $560.2K | $645K | +15.1% |
Summary: Gateway housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Neighborhoods
Westminster | $385K | $449.9K | +16.9% |
Arborwood | $562.5K | $565K | 0.4% |
Pelican Preserve | $500K | $495K | -1.0% |
Gateway | $431.7K | $421.1K | -2.5% |
Olympia / Sherwood | $367.2K | $286K | -22.1% |
Housing Supply in Gateway, FL
How many homes are available in Gateway, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
172 | 192 | +11.6% |
Summary: The Gateway real estate market had 192 homes for sale in April 2024, a 11.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 41 | 46 | +12.2% |
3 Bedrooms | 84 | 90 | +7.1% |
4 Bedrooms | 32 | 38 | +18.8% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Gateway housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 17 | -26.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Gateway in April 2024, down by 26.1% month-over-month. Of the 17 sold homes, 94% were sold under asking, 6% were sold at asking, and 0% were sold over asking.
Days on Market for Gateway, FL
How long does it take to sell a home in Gateway, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 84 Days | +128.6% |
Summary: Homes in Gateway had an average of 84 days on market in Apr 2024, up by 128.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Gateway; 24% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.