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 October 2023

At the same time last year, Gulf Harbors was a Seller's 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

$355,000

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,000(-7.8%)

Key Takeaway

Homes in Gulf Harbors have sold for 7.8% less than they did a year ago.

Summary: The median home sold price in Gulf Harbors was $355,000 in October 2024, down 7.8% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115K$105K
-8.7%
2 $280K$237.5K
-15.2%
3 $629.7K$454K
-27.9%
4 $899K$792.5K
-11.8%
5+ $1.0M$997.7K
-7.2%

Summary: Gulf Harbors housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 15.2%, 3 bedroom homes decreased by 27.9%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 7.2%.

Median Sold Price Compared To Nearby Neighborhoods

Southwest New Port Richey
+17.5%
Northwest New Port Richey
-3.5%
Gulf Harbors
-7.8%

Housing Supply in Gulf Harbors, FL

How many homes are available in Gulf Harbors, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
124125+0.8%

Summary: The Gulf Harbors real estate market had 125 homes for sale in October 2024, a 0.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2324
+4.3%
2 5455
+1.9%
3 3436
+5.9%
4 76
-14.3%
5+ 64
-33.3%

Summary: The Gulf Harbors housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

6 Homes Were 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 Harbors, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Gulf Harbors in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
40 Days78 Days+91.1%

Summary: Homes in Gulf Harbors had an average of 78 days on market in Oct 2024, up by 91.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Gulf Harbors; 0% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 17% 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 20 Days Ago

Newest Listings in Gulf Harbors, FL

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