$10,000 Closing Credit*
$1,049,900
2,820 SqFt
4 Beds
•3 Full Baths
Scott Smith, Listing Office: CENTURY 21 AMERISOUTH REALTY
Is Gulf Breeze, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Gulf Breeze was a Seller's Market.
Key Takeaway
Gulf Breeze 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 Breeze, FL
How much do homes in Gulf Breeze, FL cost?
Median Sold Price
$478,750
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$47,465(+11.0%)
Key Takeaway
Homes in Gulf Breeze have sold for 11% more than they did a year ago.
Summary: The median home sold price in Gulf Breeze was $478,750 in November 2024, up 11% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $349K | $378.5K | +8.5% |
| 2 Bedrooms | $540K | $442.5K | -18.1% |
| 3 Bedrooms | $379.4K | $380K | 0.1% |
| 4 Bedrooms | $449.9K | $544.9K | +21.1% |
| 5+ Bedrooms | $799K | $765K | -4.3% |
Summary: Gulf Breeze housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes decreased by 18.1%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Gulf Breeze | $431K | $479.2K | +11.2% |
| Gulf Breeze | $431.2K | $478.7K | +11.0% |
| Midway | $399.9K | $410.2K | +2.6% |
| Pensacola | $291.6K | $287.2K | -1.5% |
| Avalon-Mulat | $310K | $284.5K | -8.2% |
Housing Supply in Gulf Breeze, FL
How many homes are available in Gulf Breeze, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 434 | 433 | -0.2% |
Summary: The Gulf Breeze real estate market had 433 homes for sale in November 2024, a 0.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 11 | 0.0% |
| 2 Bedrooms | 85 | 90 | +5.9% |
| 3 Bedrooms | 171 | 170 | -0.6% |
| 4 Bedrooms | 120 | 114 | -5.0% |
| 5+ Bedrooms | 47 | 48 | +2.1% |
Summary: The Gulf Breeze housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 2.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 69 | +1.5% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gulf Breeze, you may be able to get a good deal. 70.1% of homes here sold below asking price last month.
Summary: A total of 69 homes were sold or pending in Gulf Breeze in November 2024, up by 1.5% month-over-month. Of the 67 sold homes, 70% were sold under asking, 21% were sold at asking, and 9% were sold over asking.
Days on Market for Gulf Breeze, FL
How long does it take to sell a home in Gulf Breeze, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 50 Days | +15.2% |
Summary: Homes in Gulf Breeze had an average of 50 days on market in Nov 2024, up by 15.2% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gulf Breeze are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 69 homes were sold in Gulf Breeze; 51% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.