Good News! From looking at the contracts being reported for May it looks like the market is remaining stable. While there are fewer sales going into contract each day it looks like the average sales price is almost $100,000 higher in May than in April. Our hopes that the tax incentives would free up money for people who already owned property seem to be happening.
May 20th, 2010 by Kathleen Seide
This is your update on the largest price changes on homes for sale in Gainesville & Alachua County. 94 Alachua County & Gainesville homes had price reductions in the MLS system this week. (Price changes for 5/9/2010 – 5/15/2010) Biggest Drop The biggest price drop last week was for a home West of Archer in [...]
May 18th, 2010 by Kathleen Seide
A look at the local real estate market, for Gainesville FL and Alachua County. Stats on home sales, new listings, pending contract, average prices, average DOM, and much more!
May 18th, 2010 by Kathleen Seide
The number of sales was up in March and the average sale price is also up! Buyers have a lot of homes to browse through to find the right one. Sellers have put their homes up for sale en-masse. If you qualify for the $8,000 or $6,500 tax credits you have until APRIL 30 to sign a contract, and you have to close by JUNE 30. Ready-set-go!
April 14th, 2010 by Kathleen Seide
Longleaf Village in Gainesville FL had 11 closings during the first quarter of 2010. (from Jan 1st through March 31st). Longleaf Sales Statistics Jan: 4 homes closed averaging $248,000 with a 103% list to sell ratio. These were all new/builder homes. Feb: 3 homes closed averaging $207,000 with a 97% list to sell ratio. Two [...]
April 3rd, 2010 by Kathleen Seide
Properties selling for $500,000 or more are considered Luxury Homes in Alachua County. This usually includes properties in or near the City of Gainesville but sometimes includes outlying country homes with acreage. There have been 13 sales this year where the owners were asking $500,000 or more for their homes when they went under contract. [...]
March 28th, 2010 by Kathleen Seide
We normally see a drop in the number of sales and a small increase in prices for January, which is true again this year (the average sale price for homes went up by about $5k). The good news is that the number of home sales increased by about 15% compared to Jan a year ago while the number of condo sales increased by 77% to 16 sales.
February 20th, 2010 by Kathleen Seide
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.
January 13th, 2010 by Bonnie Seide
Longleaf Village is still one of the most active new home developments in Gainesville, FL. Since our last look at Longleaf Village in June , we see that 25 sales have occurred. They are spread out between new homes and resale of existing homes (which are all fairly new). 7 re-sales closed at a per [...]
January 4th, 2010 by Bonnie Seide
November saw a lot of contracts closing, and a steady stream of activity for future sales (like new contracts and new listings). There was a 2% increase in residential sale prices and we have seen an overall stabilization there for several months now.
December 15th, 2009 by Kathleen Seide
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