Q3 Gulf Shore Boulevard Market Summary: Overall year-to-date sales along Gulf Shore Boulevard North through the third quarter were up 21% year over year, with units on the bay side posting a 56% increase and beach side units posting an 8% increase. From a longer-term perspective, the year-to-date pace of sales along the bay side was consistent with the average of the past ten years, while beach side sales are trailing with 97 sales compared to a ten-year average of 157. Even with that slower pace of sales, however, months of supply for the beach side as of September 30th was 7.63, reflecting balance market conditions. The bay side posted 5.67 months. Both categories posted increases in the 12-month rolling average sales price; 16% for the bay side and 8% for beach side.
No market in our area is more specialized than Gulf Shore Boulevard North. Units and buildings can vary greatly in size, age, condition, level of upgrade, and more. Successful navigation of this market requires the specialized knowledge and the expert skills of a Realtor® who knows this market. John R. Wood Properties agents have a long-standing record of success in the Gulf Shore Boulevard market.
John R. Wood Christie’s International Real Estate is pleased to announce that, once again, it’s earned the number one position in year-to-date closed sales volume and units sold Southwest Florida market through September.
Broker ranking according to SWFLA MLS for residential improved property excluding manufactured housing. “Southwest Florida” is Lee and Collier Counties.
Click on either of the links below to view the Q3 2024 Market Report for Gulf Shore Blvd North.
Q3 2024 Gulf Shore Blvd Market Report - flipbook
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