Is Gulf Gate Estates-Osprey, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gulf Gate Estates-Osprey is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Gulf Gate Estates-Osprey was a Seller's Market.

Key Takeaway

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

Housing Prices in Gulf Gate Estates-Osprey, FL

How much do homes in Gulf Gate Estates-Osprey, FL cost?

Median Sold Price

$512,640

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$45,282(+9.7%)

Key Takeaway

Homes in Gulf Gate Estates-Osprey have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Gulf Gate Estates-Osprey was $512,640 in December 2024, up 9.7% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $217.9K$207.5K
-4.8%
2 $367.2K$350K
-4.7%
3 $587K$613K
+4.4%
4 $925K$859K
-7.1%
5+ $1.8M$2.2M
+17.9%

Summary: Gulf Gate Estates-Osprey housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 17.9%.

Median Sold Price Compared To Nearby Cities

Osprey
+14.6%
Gulf Gate Estates-Osprey
+9.7%
Nokomis
-6.5%

Housing Supply in Gulf Gate Estates-Osprey, FL

How many homes are available in Gulf Gate Estates-Osprey, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
355395+11.3%

Summary: The Gulf Gate Estates-Osprey real estate market had 395 homes for sale in December 2024, a 11.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 2128
+33.3%
2 140154
+10.0%
3 149153
+2.7%
4 3852
+36.8%
5+ 78
+14.3%

Summary: The Gulf Gate Estates-Osprey housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3648+33.3%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gulf Gate Estates-Osprey, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in Gulf Gate Estates-Osprey in December 2024, up by 33.3% month-over-month. Of the 48 sold homes, 88% were sold under asking, 10% were sold at asking, and 2% were sold over asking.

Days on Market for Gulf Gate Estates-Osprey, FL

How long does it take to sell a home in Gulf Gate Estates-Osprey, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
76 Days59 Days-21.9%

Summary: Homes in Gulf Gate Estates-Osprey had an average of 59 days on market in Dec 2024, down by 21.9% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gulf Gate Estates-Osprey are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 48 homes were sold in Gulf Gate Estates-Osprey; 48% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 25% 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 15 Days Ago

Newest Listings in Gulf Gate Estates-Osprey, FL

Nearby Markets to Gulf Gate Estates-Osprey, FL

What housing markets are near Gulf Gate Estates-Osprey, FL?