Is Golden Gate, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Golden Gate is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Golden Gate was a Neutral Market.

Key Takeaway

Golden Gate is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Golden Gate, FL

How much do homes in Golden Gate, FL cost?

Median Sold Price

$495,000

$314/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$18,000(+3.8%)

Key Takeaway

Homes in Golden Gate have sold for 3.8% more than they did a month ago.

Summary: The median home sold price in Golden Gate was $495,000 in September 2024, up 3.8% from last month, and the median price per square foot was $314.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $180K$316K
+75.6%
3 $477K$495K
+3.8%
4 -$530K
N/A
5+ $680K-
N/A

Summary: Golden Gate housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 75.6%, 3 bedroom homes increased by 3.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Golden Gate, FL

How many homes are available in Golden Gate, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7679+3.9%

Summary: The Golden Gate real estate market had 79 homes for sale in September 2024, a 3.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 12
+100.0%
2 2327
+17.4%
3 3934
-12.8%
4 812
+50.0%
5+ 54
-20.0%

Summary: The Golden Gate housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 17.4%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1215+25.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Golden Gate, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Golden Gate in September 2024, up by 25.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.

Days on Market for Golden Gate, FL

How long does it take to sell a home in Golden Gate, FL?

Average Sale Time

Aug 2024Sep 2024CHANGE
39 Days28 Days-26.6%

Summary: Homes in Golden Gate had an average of 28 days on market in Sep 2024, down by 26.6% compared to last month.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Golden Gate are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 15 homes were sold in Golden Gate; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Sep 1, 2024

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