Is Gulf Gate Estates-Osprey, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Gulf Gate Estates-Osprey was a Seller's Market.
Key Takeaway
Gulf Gate Estates-Osprey is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Gulf Gate Estates-Osprey, FL
How much do homes in Gulf Gate Estates-Osprey, FL cost?
Median Sold Price
$495,357
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Gulf Gate Estates-Osprey have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Gulf Gate Estates-Osprey was $495,357 in May 2024, up 3.6% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215.9K | $219K | +1.4% |
| 2 Bedrooms | $369.7K | $356.6K | -3.6% |
| 3 Bedrooms | $600K | $606.6K | +1.1% |
| 4 Bedrooms | $925K | $965K | +4.3% |
| 5+ Bedrooms | $1.8M | $1.7M | -5.5% |
Summary: Gulf Gate Estates-Osprey housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in Gulf Gate Estates-Osprey, FL
How many homes are available in Gulf Gate Estates-Osprey, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 477 | 462 | -3.1% |
Summary: The Gulf Gate Estates-Osprey real estate market had 462 homes for sale in May 2024, a 3.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 18 | +28.6% |
| 2 Bedrooms | 191 | 182 | -4.7% |
| 3 Bedrooms | 216 | 211 | -2.3% |
| 4 Bedrooms | 45 | 40 | -11.1% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Gulf Gate Estates-Osprey housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 74 | 77 | +4.1% |
Asking Price vs. Sold Price
63 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gulf Gate Estates-Osprey, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 77 homes were sold or pending in Gulf Gate Estates-Osprey in May 2024, up by 4.1% month-over-month. Of the 77 sold homes, 82% were sold under asking, 14% were sold at asking, and 4% were sold over asking.
Days on Market for Gulf Gate Estates-Osprey, FL
How long does it take to sell a home in Gulf Gate Estates-Osprey, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 66 Days | +89.4% |
Summary: Homes in Gulf Gate Estates-Osprey had an average of 66 days on market in May 2024, up by 89.4% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gulf Gate Estates-Osprey are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 77 homes were sold in Gulf Gate Estates-Osprey; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.