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Mentone Market Update

January 13, 2010 by: Bonnie Seide

Mentone

Mentone is a well established neighborhood and the location is very desirable because it is so very close to UF and Shands. Yet it is far enough away from busy Butler Plaza to enjoy the peace and quiet of Gainesville. Many Resident Physicians gravitate to this southwest area, giving it an extra little boost of sales activity each year in the spring.

Click to view Homes for Sale in Mentone

What’s for Sale?

There are 7 homes on the market right now

Click here to see the Homes for Sale in Mentone

The square foot of these homes ranges from 1,329 to 2,174 and they were built between 1996 to 2003.

The average days on the market these sellers have experienced is 104, and the average asking price per square foot is $133.20

Recently Sold

There were 12 sales in the last 6 months.

The homes closed out from $181,050 to $261,000. The square foot range was 1,546 to 2,266 and the years these were built ranged from 1997  to 2003.  The closed price per square foot averaged to be $122.17.

How’s the Market?

The market is stabilizing. The average price per square foot of the homes sold in June 2009 was $120 and  now it is $123.  This area is in demand and that has caused a slight increase in prices for the second half of the year.

Read our May 2008 report: May Market Update

About the Author

Bonnie Seide Bonnie Seide
Broker/Owner
Seide Realty
Website | Facebook | | LinkedIn
 
352-373-0018 (Office)
bonnie@we-promise.com
Over the last 25 yrs I worked for many owner/developers in Florida and the Keys. After being in charge of marketing, advertising, training and managing the sales force for many years I started a new venture with my daughter.

Comments

3 Responses to “Mentone Market Update”
  1. John says:

    Hey,

    You have my prior home 7147 SW at Mentone on your website. Is it for sale now?

    John Spierto

  2. Hello John – I can’t find a home for sale at that address right now but since this post is a year old you might be seeing old info.

  3. john spierto says:

    My old house is the photo on the website.

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