Is Gulf Harbors, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gulf Harbors is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Gulf Harbors was a Seller's Market.

Key Takeaway

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

Housing Prices in Gulf Harbors, FL

How much do homes in Gulf Harbors, FL cost?

Median Sold Price

$360,000

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$43,500(-10.8%)

Key Takeaway

Homes in Gulf Harbors have sold for 10.8% less than they did a year ago.

Summary: The median home sold price in Gulf Harbors was $360,000 in April 2024, down 10.8% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $116K$115K
-0.9%
2 $282.5K$245K
-13.3%
3 $615K$522.7K
-15.0%
4 $924.5K$741.2K
-19.8%
5+ $920K$1.1M
+29.5%

Summary: Gulf Harbors housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes increased by 29.5%.

Median Sold Price Compared To Nearby Neighborhoods

Northwest New Port Richey
-4.6%
Gulf Harbors
-10.8%

Housing Supply in Gulf Harbors, FL

How many homes are available in Gulf Harbors, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
208236+13.5%

Summary: The Gulf Harbors real estate market had 236 homes for sale in April 2024, a 13.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2532
+28.0%
2 88100
+13.6%
3 6975
+8.7%
4 1318
+38.5%
5+ 1311
-15.4%

Summary: The Gulf Harbors housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2119-9.5%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gulf Harbors, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Gulf Harbors in April 2024, down by 9.5% month-over-month. Of the 19 sold homes, 74% were sold under asking, 26% were sold at asking, and 0% were sold over asking.

Days on Market for Gulf Harbors, FL

How long does it take to sell a home in Gulf Harbors, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
42 Days80 Days+91.0%

Summary: Homes in Gulf Harbors had an average of 80 days on market in Apr 2024, up by 91% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gulf Harbors has remained consistent over time.

Summary: During April 2024, 19 homes were sold in Gulf Harbors; 32% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 32% 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 4 Days Ago

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