Gulf Breeze Housing Market Report December 2024•Escambia County, Florida

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Housing Prices in Gulf Breeze, FL

How much do homes in Gulf Breeze, FL cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Gulf Breeze is a Buyer's Market

Difference Since December 2023

At the same time last year, Gulf Breeze was a Seller's Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$479,600$240/SqFt
+$40,783
+9.3%

Based on all homes sold in the last 12 months

Insight

Homes in Gulf Breeze have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Gulf Breeze was $479,600 in December 2024, up 9.3% from last year, and the median price per square foot was $240.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Gulf Breeze
+9.4%
Gulf Breeze
+9.3%
Holley-Navarre
+4.8%
Midway
+3.0%
Navarre Beach
-10.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$317.5K$378.5K
+19.2%
3$379.4K$380K
0.1%
4$460K$545.8K
+18.6%
5$782.5K$780K
-0.3%
2$545K$446.2K
-18.1%

Summary: Gulf Breeze housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +19.2%. The home price for 3 bedroom homes increased by 0.1%. The home price for 4 bedroom homes increased by +18.6%. The home price for 5 bedroom homes decreased by -0.3%. The home price for 2 bedroom homes decreased by -18.1%.

Housing supply in Gulf Breeze, FL

How many homes are available in Gulf Breeze, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
379Last MonthDec 2024
3952 months agoNov 2024
-4.1 %
Change MoMNov – Dec

Summary: The Gulf Breeze real estate market had 379 homes for sale in Dec 2024, a 4.1 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
50Last MonthDec 2024
702 months agoNov 2024
-28.6 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
11113
+18.2%
3154151
-1.9%
410395
-7.8%
54739
-17.0%
28081
+1.3%

Summary: Gulf Breeze housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +18.2%. The inventory for 3 bedroom homes decreased by -1.9%. The inventory for 4 bedroom homes decreased by -7.8%. The inventory for 5 bedroom homes decreased by -17.0%. The inventory for 2 bedroom homes increased by +1.3%.

Asking Price vs. Sold Price

How much do homes in Gulf Breeze, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price8 Homes

Under Asking Price35 Homes

Insight

If you're buying a home in Gulf Breeze, you may be able to get a good deal. 74.5% of homes here sold below asking price last month.

Summary: A total of 50 homes were sold or pending in Gulf Breeze in December 2024, down by 28.6% month-over-month. Of the 47 sold homes, 74% were sold under asking, 17% were sold at asking, and and 9% were sold over asking.

Days on Market for Gulf Breeze, FL

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

Breakdown of Home Sale Times

Under 30 Days15 Homes

30 – 90 Days18 Homes

Over 90 Days17 Homes

Insight

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

Summary: During December 2024, 50 homes were sold in Gulf Breeze; 30% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
85 DaysThis YearDec 2024
63 Days1 year agoDec 2023
+33.7 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Gulf Breeze had an average listing age of 85 days in Dec 2024, up by 33.7% compared to the previous year.

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Newest Listings in Gulf Breeze, FL

What homes are available in Gulf Breeze, FL?

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Based on information from Pensacola MLS, Emerald Coast MLS, Stellar MLS, and Baldwin County MLS Inc. for the period 01/01/2023 - 01/01/2025

Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
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Last updated on: 1/27/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/27/2025, 10:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/27/2025, 10:19:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/27/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.