Historical Sales Prices

Any Action Today?

Nothing has gone under contact in the last 30 or so days. The usual time it takes to go thru the closing process from contract to closing for a resale property is about 30 to 45 days.

There are no new “Pended” contracts in Longleaf.

What has Sold this Year?

There have been 9 sales this year.

These homes were built from 2004 to 2011. Their heated and cooled areas were 1,553 to 2,103 sqft. Their sale prices ranged from $205,000 to $241,779. The average days these sat on the market was 102.

click to see Homes for sale in Longleaf

What’s for Sale?

There are 21 homes for sale in Longleaf today.

They range in price from $192,679 to $398,773. They range in size (heated & cooled area) from 1,469 sqft to 3,045 sqft. Their ages range from 2004 to 2011.

The average days these have been on the market is 139.

What does it Mean?

There are about 14 months of inventory on the market in Longleaf if you run the numbers above, but since new homes are also being built that number is bigger – maybe 20 months of inventory.

That is definitely a buyer’s market.  If you have to sell your home now make sure you have it looking beautiful and priced well, because you are competing with builders, short sales, and cheaper homes in Willow Oaks.

Activity in the Whole Zip Code

This is info about Asking prices on the market today:

One of the homes for sale: 3/2 $225,000 http://www.we-promise.com/322505

Longleaf subdivision is a great place to live in Gainesville

The front yards are maintained by the association so you have plenty of time to spend at the Club House and pool area. There is a seperated area for the kids to play and splash. The streets are lined with beautiful trees.
There is turnover every spring because many resident interns make this their home for the three or four years they will stay in Gainesville. Interns love the close proximity of Longleaf to UF and Shands.

What’s for Sale in Longleaf?

There are 17 homes on the market in our MLS system as of this writing.
(click here to see these homes)

The ages range from 2004 to 2011. The square foot ranges are from 1469 to 3202. The lot sizes are from .17 to .33. There are 3, 4 and 5 bedroom homes. The asking prices range from $192,679 to $349,900. The average these homes have been on the market is 127 days, the average square foot is $129.27, and the average asking price is $261,194.

What sold Recently?

There are 7 that are under contract and going thru the closing process.

They range in age from 2006 to 2011, square foot ranges are 1553 to 2819, and asking price ranges are from $210,000 to $330,660. The average days these homes sat on the market before they went under contract was 63, and the average price per square foot they were asking was $125 (we won’t know what they sold for until they close), and the average asking price was $250,930.

There were 12 homes that closed since Nov. 1, 2010.

Their ages were 2004 to 2011. The square foot ranges were from 1679 to 3045, and the sold prices ranged from $218,733 to $368,000. They were on the market an average of 123 days before going under contract, their average price per square foot was $121, and their average asking price was $274,752.

More Statistics!

Here are some graphs showing the inventory in this zip code over the last year:

90-day stats for Single Family properties in GAINESVILLE, FL32608 as of October 7, 2011
Median List Price:	$250,710	Average List Price:	$315,161
Total Inventory:	256	Price per Square Foot:	$119
Average Home Size:	2,111	Median Lot Size:	14,375
Average # Beds:	3.54	Average # Baths:	2.65
Homes Absorbed:	10	Newly Listed:	9
Days on Market:	171	Average Age:	16

Longleaf Sales Statistics

click here for Longleaf Village Homes for Sale

Feb: 3 homes closed averaging $207,000 with a 97% list to sell ratio. Two of these were new homes.

Mar: 4 homes closed averaging $274,000 with a 97% list to sell ratio.  Two were new/builder homes.

Only 2 of the sales this quarter were “short sale” homes.

Resale & Builder Breakout

Three of the homes sold this year were resales, meaning that they had been occupied by someone already.  Those homes sold for an average $223,000 and two of them were short sales.  They sold for 93% of their asking prices on average.

Robinshore sold 5 new homes, averaging $232,000 (and 1,794 sqft).  Selling for 104% of their asking prices it looks like many buyers had Robinshore do additional work to the homes before closing.  These homes averaged a sale price of $129/sqft.

Tommy Williams sold 3 new homes, averaging $294,000 (and 2,156 sqft).  These homes sold for 98% of their asking prices and averaged $141 per square foot.

Longleaf Homes For Sale Now

There are 19 homes for sale in Longleaf Village today.  Click here to see all the homes for sale.

Take a look at our Featured Homes
$250,000 8693 SW 76th Place	$271,126 8435 SW 78th Lane

Click to see Homes for Sale in Longleaf

• 7 re-sales closed at a per sq ft price of $127.
• Tommy Williams closed 5 newly constructed homes at a per sq ft average of $145
• Robinshore sold the most homes, 9 newly constructed homes at an average of $138 per sq ft.
• Of the resales, there were 4 short sales in Longleaf that averaged $105 per sq ft.

There are 20 homes for sale right now. One is a short sale, 10 are being built now, and 9 more are re-sales.

The builders have 11 homes under contract right now, so things are busy in the area now.  Unfortunatly for sellers activity for resale homes has slowed down and there are only two resale homes under contract. (one is a short sale, and the other is a standard re-sale.)

In summary, there is a lot of new construction going on in this neighborhood. If you want to sell you need to price your home below the builder’s asking price to generate buyer serious interest.

Your email:

 

Would you like help finding the right home for you?

That’s what we do – email or call us and we’ll be there for you. 352-373-0034

Homes for Sale

Click for homes for Sale in Longleaf

Homes Under Contract

There are 11 homes under contract in Longleaf, which includes many of the custom-contracted homes that Robinshore and Tommy Williams are building.  There are 3 resale homes under contract at the moment.  They were asking $120 per square foot to $137 per square foot.  $120 house is a short sale

Sold Homes

Longleaf had 5 sales in May, 2 were resales and 3 were new homes.  They ranged in price from $89 per square foot to $163 per square foot.  The resale homes dropped their prices by about $25,000 before selling.  Some of the new were built under contract and sold for their asking prices, the others dropped about $7,000 before selling.

There have been 3 sales so far in June.  Prices seem to be stabalizing and we see an average of $120/sqft for the resale homes and $155/sqft for the new home.