$3,551 Closing Credit*
$299,000
1,106 SqFt
2 Beds
•2 Full Baths
Kenneth Ipox, Listing Office: DOUGLAS ELLIMAN
Is Gulf Gate Estates-Osprey, 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 Gate Estates-Osprey was a Seller's Market.
Key Takeaway
Gulf Gate Estates-Osprey is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Gulf Gate Estates-Osprey, FL
How much do homes in Gulf Gate Estates-Osprey, FL cost?
Median Sold Price
$512,833
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,654(+10.0%)
Key Takeaway
Homes in Gulf Gate Estates-Osprey have sold for 10% more than they did a year ago.
Summary: The median home sold price in Gulf Gate Estates-Osprey was $512,833 in November 2024, up 10% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $219K | $210K | -4.1% |
| 2 Bedrooms | $369.5K | $350K | -5.3% |
| 3 Bedrooms | $590.4K | $610K | +3.3% |
| 4 Bedrooms | $902.5K | $910K | +0.8% |
| 5+ Bedrooms | $1.8M | $1.8M | -3.5% |
Summary: Gulf Gate Estates-Osprey housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 3.5%.
Housing Supply in Gulf Gate Estates-Osprey, FL
How many homes are available in Gulf Gate Estates-Osprey, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 344 | 370 | +7.6% |
Summary: The Gulf Gate Estates-Osprey real estate market had 370 homes for sale in November 2024, a 7.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 24 | +14.3% |
| 2 Bedrooms | 122 | 143 | +17.2% |
| 3 Bedrooms | 150 | 152 | +1.3% |
| 4 Bedrooms | 44 | 44 | 0.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Gulf Gate Estates-Osprey housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 1.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 36 | -30.8% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Gulf Gate Estates-Osprey, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Gulf Gate Estates-Osprey in November 2024, down by 30.8% month-over-month. Of the 36 sold homes, 89% were sold under asking, 8% were sold at asking, and 3% were sold over asking.
Days on Market for Gulf Gate Estates-Osprey, FL
How long does it take to sell a home in Gulf Gate Estates-Osprey, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 133 Days | +145.1% |
Summary: Homes in Gulf Gate Estates-Osprey had an average of 133 days on market in Nov 2024, up by 145.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Gulf Gate Estates-Osprey are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 36 homes were sold in Gulf Gate Estates-Osprey; 28% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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 has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.