Is Gold Coast, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Gold Coast has remained a Buyer's Market.
Housing Prices in Gold Coast, MI
How much do homes in Gold Coast, MI cost?
Median Sold Price
$86,000
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gold Coast was $86,000 in April 2024, down 36.3% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $59K | $57K | -3.4% |
2 Bedrooms | $184K | $129.7K | -29.5% |
3 Bedrooms | $285K | - | N/A |
4 Bedrooms | $445K | - | N/A |
5+ Bedrooms | $1.1M | $85K | -92.4% |
Summary: Gold Coast housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes decreased by 29.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 92.4%.
Median Sold Price Compared To Nearby Neighborhoods
West Village | $404.5K | $384.9K | -4.8% |
Gold Coast | $135K | $86K | -36.3% |
Indian Village | $226.2K | $139.9K | -38.2% |
Butzel | $200K | $113.7K | -43.1% |
Housing Supply in Gold Coast, MI
How many homes are available in Gold Coast, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Summary: The Gold Coast real estate market had 23 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 7 | -22.2% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gold Coast housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Gold Coast in April 2024, down by 75.0% month-over-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 Gold Coast, MI
How long does it take to sell a home in Gold Coast, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
177 Days | 26 Days | -85.3% |
Summary: Homes in Gold Coast had an average of 26 days on market in Apr 2024, down by 85.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Gold Coast; 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.