Is Gold Coast, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gold Coast is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Gold Coast has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Gold Coast, MI

How much do homes in Gold Coast, MI cost?

Median Sold Price

$510,000

$152/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$461,000(+940.8%)

Key Takeaway

Homes in Gold Coast have sold for 940.8% more than they did a month ago.

Summary: The median home sold price in Gold Coast was $510,000 in October 2024, up 940.8% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $40K-
N/A
2 $89.4K-
N/A
3 --
N/A
4 -$510K
N/A
5+ --
N/A

Summary: Gold Coast housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gold Coast, MI

How many homes are available in Gold Coast, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3642+16.7%

Summary: The Gold Coast real estate market had 42 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1010
0.0%
2 1417
+21.4%
3 811
+37.5%
4 33
0.0%
5+ 11
0.0%

Summary: The Gold Coast housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gold Coast, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Gold Coast in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Gold Coast, MI

How long does it take to sell a home in Gold Coast, MI?

Average Sale Time

Sep 2024Oct 2024CHANGE
34 Days49 Days+41.3%

Summary: Homes in Gold Coast had an average of 49 days on market in Oct 2024, up by 41.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gold Coast has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Gold Coast; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in Gold Coast, MI

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