gainesville fl real estate

FHA has recently relaxed many of its condo financing rules making it easier for condo buyers to secure loan when buying a condo. If you are in the market for a condo be sure to talk with your lender about how the new rules may help you.

Gainesville FL Real Estate Market Trends – June 2016

The Gainesville FL area single family home sales saw new listings decrease by 7.38% when compared with June 2015 numbers.  Pending sales decreased by 20.86% while sold listings decreased by less than 1%. The average sales price decreased by 0.80% and market times dropped by 19 days or 13.97%.

Gainesville Area
Single Family

New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
June 2016

389

220 351 $231,496 117
 June 2015 420 278 354 $233,368 136

The Gainesville FL area Condo home sales saw new listings decrease by 3.92% when compared with June 2015 numbers.  Pending sales decreased by 0.1% while sold listings increased 38.55%. The average sales price increased by 28.47% and market times rose by 9 days or 7.82%.

Gainesville
Area Condo
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
 
June 2016

98

63 115 $116,457 124
 
June 2015
102 70 83 $90,644 115

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