Is Gulf Stream, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Gulf Stream has remained a Seller's Market.
Key Takeaway
Gulf Stream is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gulf Stream, FL
How much do homes in Gulf Stream, FL cost?
Median Sold Price
$26,950,000
$3,027/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Gulf Stream have sold for 123.2% more than they did a month ago.
Summary: The median home sold price in Gulf Stream was $26,950,000 in June 2024, up 123.2% from last month, and the median price per square foot was $3,027.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $3.1M | - | N/A |
| 4 Bedrooms | - | $14.9M | N/A |
| 5+ Bedrooms | $21.0M | $39.0M | +85.7% |
Summary: Gulf Stream housing prices by bedroom type for June 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 increased by 85.7%.
Housing Supply in Gulf Stream, FL
How many homes are available in Gulf Stream, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Gulf Stream real estate market had 8 homes for sale in June 2024, a 11.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Gulf Stream housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gulf Stream, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Gulf Stream in June 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Gulf Stream, FL
How long does it take to sell a home in Gulf Stream, FL?
Average Sale Time
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 37 Days | 78 Days | +108.0% |
Summary: Homes in Gulf Stream had an average of 78 days on market in Jun 2024, up by 108% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Gulf Stream are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 2 homes were sold in Gulf Stream; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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