Is Gulf Front Community, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gulf Front Community is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Gulf Front Community has remained a Buyer's Market.

Key Takeaway

Gulf Front Community is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Gulf Front Community, FL

How much do homes in Gulf Front Community, FL cost?

Median Sold Price

$260,500

$203/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$49,000(-15.8%)

Key Takeaway

Homes in Gulf Front Community have sold for 15.8% less than they did a month ago.

Summary: The median home sold price in Gulf Front Community was $260,500 in August 2024, down 15.8% from last month, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 $309.5K$260.5K
-15.8%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Gulf Front Community housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gulf Front Community, FL

How many homes are available in Gulf Front Community, FL?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1619+18.8%

Summary: The Gulf Front Community real estate market had 19 homes for sale in August 2024, a 18.8% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 22
0.0%
2 1315
+15.4%
3 01
+100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Gulf Front Community housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gulf Front Community, 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 Gulf Front Community in August 2024, the same as the previous 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 Gulf Front Community, FL

How long does it take to sell a home in Gulf Front Community, FL?

Average Sale Time

Jul 2024Aug 2024CHANGE
51 Days36 Days-29.4%

Summary: Homes in Gulf Front Community had an average of 36 days on market in Aug 2024, down by 29.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gulf Front Community has remained consistent over time.

Summary: During August 2024, 1 homes were sold in Gulf Front Community; 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.

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

Report Updated 27 Days Ago

Newest Listings in Gulf Front Community, FL

Nearby Markets to Gulf Front Community, FL