Gulf Cove Real Estate Market Update
Tobias is back with the latest real estate insights for Gulf Cove, Florida! If you're navigating the local market, here's what you need to know. There are currently 15 months of inventory in Gulf Cove, signaling a buyer’s market—a big shift in favor of those looking to purchase. Inventory is up nearly 2% compared to last year, giving buyers more options and greater negotiating power.
Homes are selling at around 96% of the asking price. While you're unlikely to score a massive discount, there's definitely room for negotiation—especially if you're working with an experienced Realtor.
The median days on market is now 73. That means homes that are priced right and presented well are still moving—just not as quickly as before.
As for price? The median sold price in Gulf Cove is $314,900—right in the sweet spot for today’s buyers and sellers.
Bottom line:
🔑 Buyers—this is your market. With increased inventory and negotiating room, now’s a great time to shop.
🏠 Sellers—you've got competition. Price your home strategically and make sure it stands out.
Every situation is unique. Whether you're buying or selling, let’s talk about what these numbers mean for you.
📞 Call The Burtch Team, your trusted Realtor at CENTURY 21 Sunbelt Realty—a leading real estate agency in Gulf Cove, Florida Real Estate.
