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 March 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
$477,116
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Gulf Gate Estates-Osprey have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Gulf Gate Estates-Osprey was $477,116 in March 2024, down 4.5% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $216.9K | -1.4% |
| 2 Bedrooms | $356.3K | $368.3K | +3.4% |
| 3 Bedrooms | $620.1K | $589K | -5.0% |
| 4 Bedrooms | $925K | $925K | 0.0% |
| 5+ Bedrooms | $2.4M | $1.7M | -28.9% |
Summary: Gulf Gate Estates-Osprey housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 28.9%.
Housing Supply in Gulf Gate Estates-Osprey, FL
How many homes are available in Gulf Gate Estates-Osprey, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 485 | 509 | +4.9% |
Summary: The Gulf Gate Estates-Osprey real estate market had 509 homes for sale in March 2024, a 4.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 16 | +6.7% |
| 2 Bedrooms | 202 | 217 | +7.4% |
| 3 Bedrooms | 194 | 210 | +8.2% |
| 4 Bedrooms | 63 | 54 | -14.3% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Gulf Gate Estates-Osprey housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 56 | 71 | +26.8% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gulf Gate Estates-Osprey, you may be able to get a good deal. 76.1% of homes here sold below asking price last month.
Summary: A total of 71 homes were sold or pending in Gulf Gate Estates-Osprey in March 2024, up by 26.8% month-over-month. Of the 71 sold homes, 76% were sold under asking, 15% were sold at asking, and 8% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 56 Days | +32.7% |
Summary: Homes in Gulf Gate Estates-Osprey had an average of 56 days on market in Mar 2024, up by 32.7% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gulf Gate Estates-Osprey are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 71 homes were sold in Gulf Gate Estates-Osprey; 46% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.