Is North Gables, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North Gables was a Seller's Market.
Housing Prices in North Gables, FL
How much do homes in North Gables, FL cost?
Median Sold Price
$1,000,000
$702/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Gables was $1,000,000 in April 2024, up 0.6% from last year, and the median price per square foot was $702.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $797.5K | $887.5K | +11.3% |
3 Bedrooms | $1.0M | $1.1M | +10.0% |
4 Bedrooms | $1.1M | $1.1M | +1.3% |
5+ Bedrooms | $2.2M | $660K | -70.1% |
Summary: North Gables housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 70.1%.
Median Sold Price Compared To Nearby Neighborhoods
Granada | $1.4M | $1.5M | +5.8% |
Shenandoah | $653.3K | $690K | +5.6% |
North Gables | $994K | $1.0M | +0.6% |
Coral Gables Granada | $1.2M | $1.2M | -1.4% |
West Flagler | $439.8K | $431.1K | -2.0% |
Housing Supply in North Gables, FL
How many homes are available in North Gables, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 23 | -8.0% |
Summary: The North Gables real estate market had 23 homes for sale in April 2024, a 8.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 16 | 13 | -18.8% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Gables 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 14.3%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in North Gables in April 2024, down by 50.0% month-over-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 North Gables, FL
How long does it take to sell a home in North Gables, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 13 Days | -61.4% |
Summary: Homes in North Gables had an average of 13 days on market in Apr 2024, down by 61.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in North Gables; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.