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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gulf Harbors is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Gulf Harbors was a Neutral Market.

Key Takeaway

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

Housing Prices in Gulf Harbors, FL

How much do homes in Gulf Harbors, FL cost?

Median Sold Price

$340,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$45,000(-11.7%)

Key Takeaway

Homes in Gulf Harbors have sold for 11.7% less than they did a year ago.

Summary: The median home sold price in Gulf Harbors was $340,000 in November 2024, down 11.7% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $117.5K$103K
-12.3%
2 $295K$230K
-22.0%
3 $615K$450K
-26.8%
4 $875K$825K
-5.7%
5+ $1.0M$1.0M
-4.9%

Summary: Gulf Harbors housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.3%, 2 bedroom homes decreased by 22%, 3 bedroom homes decreased by 26.8%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 4.9%.

Median Sold Price Compared To Nearby Neighborhoods

Northwest New Port Richey
-1.2%
Gulf Harbors
-11.7%

Housing Supply in Gulf Harbors, FL

How many homes are available in Gulf Harbors, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
117137+17.1%

Summary: The Gulf Harbors real estate market had 137 homes for sale in November 2024, a 17.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1920
+5.3%
2 5365
+22.6%
3 3441
+20.6%
4 77
0.0%
5+ 44
0.0%

Summary: The Gulf Harbors housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 20.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
614+133.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gulf Harbors, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Gulf Harbors in November 2024, up by 133.3% month-over-month. Of the 14 sold homes, 79% were sold under asking, 14% were sold at asking, and 7% were sold over asking.

Days on Market for Gulf Harbors, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
72 Days58 Days-18.5%

Summary: Homes in Gulf Harbors had an average of 58 days on market in Nov 2024, down by 18.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gulf Harbors are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in Gulf Harbors; 43% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 21% 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 21 Days Ago

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