Is Gulf Gate Estates-Osprey, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gulf Gate Estates-Osprey is a buyer's market

Buyer's
Market

Difference Since October 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 October 2023

+$44,416(+9.5%)

Key Takeaway

Homes in Gulf Gate Estates-Osprey have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Gulf Gate Estates-Osprey was $512,833 in October 2024, up 9.5% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $220K$205K
-6.8%
2 $369.6K$350K
-5.3%
3 $596.3K$610K
+2.3%
4 $911.2K$910K
-0.1%
5+ $1.8M$1.4M
-25.0%

Summary: Gulf Gate Estates-Osprey housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 25%.

Median Sold Price Compared To Nearby Cities

Osprey
+15.1%
Gulf Gate Estates-Osprey
+9.5%
Nokomis
-7.4%

Housing Supply in Gulf Gate Estates-Osprey, FL

How many homes are available in Gulf Gate Estates-Osprey, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
333344+3.3%

Summary: The Gulf Gate Estates-Osprey real estate market had 344 homes for sale in October 2024, a 3.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1820
+11.1%
2 116121
+4.3%
3 142149
+4.9%
4 4847
-2.1%
5+ 97
-22.2%

Summary: The Gulf Gate Estates-Osprey housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2748+77.8%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gulf Gate Estates-Osprey, you may be able to get a good deal. 81.3% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in Gulf Gate Estates-Osprey in October 2024, up by 77.8% month-over-month. Of the 48 sold homes, 81% were sold under asking, 15% were sold at asking, and 4% 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

Oct 2023Oct 2024CHANGE
48 Days52 Days+8.5%

Summary: Homes in Gulf Gate Estates-Osprey had an average of 52 days on market in Oct 2024, up by 8.5% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gulf Gate Estates-Osprey are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 48 homes were sold in Gulf Gate Estates-Osprey; 50% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 23% 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 16 Days Ago

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