Is Gulf Gate Estates-Osprey, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Gulf Gate Estates-Osprey was a Seller's Market.
Housing Prices in Gulf Gate Estates-Osprey, FL
How much do homes in Gulf Gate Estates-Osprey, FL cost?
Median Sold Price
$499,964
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Gulf Gate Estates-Osprey was $499,964 in June 2024, up 5.5% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215.9K | $210K | -2.8% |
2 Bedrooms | $360K | $358.3K | -0.5% |
3 Bedrooms | $593K | $610K | +2.9% |
4 Bedrooms | $925K | $965K | +4.3% |
5+ Bedrooms | $1.5M | $1.5M | +1.2% |
Summary: Gulf Gate Estates-Osprey housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 1.2%.
Housing Supply in Gulf Gate Estates-Osprey, FL
How many homes are available in Gulf Gate Estates-Osprey, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
468 | 428 | -8.5% |
Summary: The Gulf Gate Estates-Osprey real estate market had 428 homes for sale in June 2024, a 8.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 18 | +12.5% |
2 Bedrooms | 178 | 158 | -11.2% |
3 Bedrooms | 214 | 190 | -11.2% |
4 Bedrooms | 47 | 50 | +6.4% |
5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Gulf Gate Estates-Osprey housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
84 | 60 | -28.6% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 60 homes were sold or pending in Gulf Gate Estates-Osprey in June 2024, down by 28.6% month-over-month. Of the 60 sold homes, 82% were sold under asking, 15% were sold at asking, and 3% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
35 Days | 68 Days | +96.7% |
Summary: Homes in Gulf Gate Estates-Osprey had an average of 68 days on market in Jun 2024, up by 96.7% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During June 2024, 60 homes were sold in Gulf Gate Estates-Osprey; 40% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.