$10,000 Closing Credit*
$1,450,000
2,323 SqFt
3 Beds
•2 Full Baths, 1 Partial
Venus Proffer PA, Listing Office: Coldwell Banker Realty
Is Galt Mile, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Galt Mile has remained a Buyer's Market.
Key Takeaway
Galt Mile is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Galt Mile, FL
How much do homes in Galt Mile, FL cost?
Median Sold Price
$494,525
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$110,975(-18.3%)
Key Takeaway
Homes in Galt Mile have sold for 18.3% less than they did a year ago.
Summary: The median home sold price in Galt Mile was $494,525 in November 2024, down 18.3% from last year, and the median price per square foot was $365.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $340K | -15.0% |
| 2 Bedrooms | $652.5K | $625K | -4.2% |
| 3 Bedrooms | $1.0M | $1.0M | +9.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Galt Mile housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Galt Mile, FL
How many homes are available in Galt Mile, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 42 | +13.5% |
Summary: The Galt Mile real estate market had 42 homes for sale in November 2024, a 13.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 13 | +30.0% |
| 2 Bedrooms | 23 | 25 | +8.7% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Galt Mile housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 8.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 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 Galt Mile, 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 Galt Mile in November 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 Galt Mile, FL
How long does it take to sell a home in Galt Mile, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 56 Days | +600.0% |
Summary: Homes in Galt Mile had an average of 56 days on market in Nov 2024, up by 600% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Galt Mile has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Galt Mile; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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