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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gulf Highlands is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Gulf Highlands has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Gulf Highlands, FL

How much do homes in Gulf Highlands, FL cost?

Median Sold Price

$497,000

$177/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$67,000(+15.6%)

Key Takeaway

Homes in Gulf Highlands have sold for 15.6% more than they did a month ago.

Summary: The median home sold price in Gulf Highlands was $497,000 in April 2024, up 15.6% from last month, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $430K-
N/A
4 --
N/A
5+ -$497K
N/A

Summary: Gulf Highlands housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gulf Highlands, FL

How many homes are available in Gulf Highlands, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
12120.0%

Summary: The Gulf Highlands real estate market had 12 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 98
-11.1%
4 11
0.0%
5+ 11
0.0%

Summary: The Gulf Highlands housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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 Highlands, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Gulf Highlands in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Gulf Highlands, FL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
10 Days146 Days+1360.0%

Summary: Homes in Gulf Highlands had an average of 146 days on market in Apr 2024, up by 1360% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Gulf Highlands are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Gulf Highlands; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 1 Day Ago

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