$4,453 Closing Credit*
$375,000
1,065 SqFt
2 Beds
•2 Full Baths
Jessica Omyla, Listing Office: PROPERTY LEADERS RE INC
Is Gulf Front Community, 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 Front Community was a Seller'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
$317,500
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$82,500(-20.6%)
Key Takeaway
Homes in Gulf Front Community have sold for 20.6% less than they did a year ago.
Summary: The median home sold price in Gulf Front Community was $317,500 in November 2024, down 20.6% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $260K | N/A |
| 2 Bedrooms | $385K | $310K | -19.5% |
| 3 Bedrooms | $640K | $490K | -23.4% |
| 4 Bedrooms | - | $728K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Gulf Front Community housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.5%, 3 bedroom homes decreased by 23.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Westwinds Village | $411.2K | $390K | -5.2% |
| Gulf Front Community | $400K | $317.5K | -20.6% |
Housing Supply in Gulf Front Community, FL
How many homes are available in Gulf Front Community, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Summary: The Gulf Front Community real estate market had 19 homes for sale in November 2024, a 18.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gulf Front Community 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 30%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
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 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 2 homes were sold or pending in Gulf Front Community in November 2024, up by 100.0% month-over-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 Gulf Front Community, FL
How long does it take to sell a home in Gulf Front Community, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 255 Days | +523.2% |
Summary: Homes in Gulf Front Community had an average of 255 days on market in Nov 2024, up by 523.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Gulf Front Community are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 2 homes were sold in Gulf Front Community; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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