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
Last month, Gulf Stream was a Buyer'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
$1,470,000
$719/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Gulf Stream have sold for 59.9% less than they did a month ago.
Summary: The median home sold price in Gulf Stream was $1,470,000 in April 2024, down 59.9% from last month, and the median price per square foot was $719.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $1.1M | N/A |
| 3 Bedrooms | $3.6M | - | N/A |
| 4 Bedrooms | - | $2.7M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Gulf Stream 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 Stream, FL
How many homes are available in Gulf Stream, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Gulf Stream real estate market had 13 homes for sale in April 2024, a 8.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Gulf Stream housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gulf Stream, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Gulf Stream in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 70 Days | 68 Days | -2.4% |
Summary: Homes in Gulf Stream had an average of 68 days on market in Apr 2024, down by 2.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were 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 April 2024, 3 homes were sold in Gulf Stream; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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