$10,000 Closing Credit*
$2,150,000
5,034 SqFt
5 Beds
•4 Full Baths, 2 Partial
Carolina Medeiros, Listing Office: PREMIER SOTHEBYS INT'L REALTY
Is Gotha, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Gotha has remained a Buyer's Market.
Key Takeaway
Gotha is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Gotha, FL
How much do homes in Gotha, FL cost?
Median Sold Price
$1,060,000
$322/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$457,500(-30.1%)
Key Takeaway
Homes in Gotha have sold for 30.1% less than they did a month ago.
Summary: The median home sold price in Gotha was $1,060,000 in October 2024, down 30.1% from last month, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $1.0M | N/A |
| 5+ Bedrooms | $1.5M | - | N/A |
Summary: Gotha housing prices by bedroom type for October 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 Gotha, FL
How many homes are available in Gotha, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The Gotha real estate market had 19 homes for sale in October 2024, a 9.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Gotha housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gotha, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Gotha in October 2024, down by 50.0% 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 Gotha, FL
How long does it take to sell a home in Gotha, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 14 Days | -6.7% |
Summary: Homes in Gotha had an average of 14 days on market in Oct 2024, down by 6.7% compared to last month.
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
Key Takeaway
Many homes in Gotha are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Gotha; 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.
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