houses

Fifty-two percent of home owners say now is a good time to sell in their neighborhood. This is up from 34 percent who said so last year, according to a survey conducted by the real estate brokerage Redfin.

What’s more, 58 percent of home owners believe sellers have more power than buyers in the market right now. Redfin researchers note this is nearly the highest level of seller confidence they’ve recorded.

Take a look at how many sellers successfully sold their homes in July…

Gainesville FL Real Estate Market Trends – July 2016

The Gainesville FL area single family home sales saw the number of new listings remained the same when compared with July 2015 numbers.  Pending sales decreased by 23.10% while sold listings decreased by 13.37%. The average sales price increased by 14.92% and market times dropped by 0.41%.

Gainesville Area
Single Family
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
July 2016 324 213 298 $235,960 111
 July 2015 324 277 344 $205,318 112

The Gainesville FL area Condo home sales saw new listings decrease by 2.70% when compared withJuly 2015 numbers.  Pending sales decreased by 6.57% while sold listings increased 12.64%. The average sales price increased by 9.71% and market times rose by 15 days or 13.04%.

Gainesville
Area Condo
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
 
July 2016
72 71 98 $107,718 135
 
July 2015
74 76 87 $98,177 120

For the latest Gainesville FL real estate market conditions in your area, please call me at 888-424-8841 or visitMyGatorCondo.com.

Courtesy of Gainesville FL Realtor Linda Luetjen.