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Entries Tagged as 'Market Trends'

Gainesville FL Real Estate Market Trends – September 2015

October 29th, 2015 · No Comments

real estate

A biennial opinion survey on housing issued conducted by the National Association of Realtors shows that fears of selling have abated dramatically since the housing recovery went into high gear two years ago. Over the past two years, homeowners’ confidence in recouping the price they paid for their homes has risen 29 percent.

Seller confidence extends to their outlook for next year.  Four in ten adults in the survey (41%) expect prices to rise in their market. Some 47 percent said prices will stay the same and only 6 percent expect them to decrease.

Take a look at how many successful sellers there were in our market last month…

Gainesville FL Real Estate Market Trends in September 2015

The Gainesville FL area single family home sales saw new listings decrease by 2.25% for the month when compared with September 2014 numbers.  Sold listings increased by 9.28% and pending sales increased by 6.03%. The average sales price increased by 7.96% to $199,282 and market times rose by 1 day.

Gainesville Area
Single Family
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
September 
2015
261 211 212 $199,282 138
September 
2014
267 199 194 $184,593 137

The Gainesville FL area Condo home sales saw new listings decreased by 22.35% for the month when compared to September 2014 numbers.  Sold listings increased by 2.5%, and pending sales decreased by 21.28% compared to September 2014.  The average sales price increased by 14.0% to $93,593, and market times decreased by 189 days or 60.97%.

Gainesville
Area Condo
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
September 
2015
66 37 41 $93,593 121
September 
2014
85 47 40 $81,992 310

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

Tags: Market Trends · North Central Florida Real Estate · Real Estate

Alachua County FL Foreclosure Market Trends for August 2015

October 2nd, 2015 · No Comments

In August 2015, Alachua County, FL foreclosure filings were 20% lower than the previous month and 6% higher than the same time last year, according to RealtyTrac.com.

Alachua County, FL Foreclosure Status

The current distribution of foreclosures based on the number of active foreclosure homes in Alachua County, FL.

Auctions accounted for 30.9% of foreclosure activity in August 2015, Bank-owned properties accounted for 50.9%, and Pre-foreclosures 18.2%.

alachua couty fl foreclosure

Alachua County, FL Foreclosure Activity by Month

In August, Pre-foreclosures increased 33.3% from the previous month and 400.0% from the previous year. Auctions decreased 63.8% from the previous month and decreased 37.0% from the previous year. Bank-owned properties increased 100.0% from the previous month and 21.7% from the previous year.

alachua county fl foreclosure
Alachua County, FL Foreclosure Geographical Comparison

The number of Alachua County, FL foreclosures were 0.01% above national statistics and 0.08% lower than state figures in August.

alachua county fl foreclosure

Are you or someone you know behind on your mortgage payments and facing a Gainesville FL foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE). Give me a call for a private consultation.

Search all Gainesville FL real estate and Gainesville FL homes for sale.

Linda Luetjen assists buyers looking for Gainesville FL real estate for sale and aggressively markets Gainesville FL homes for sale.

Tags: Market Trends · North Central Florida Real Estate · Real Estate

Gainesville FL Real Estate Market Trends – August 2015

September 18th, 2015 · No Comments

Gainesville FL Real Estate Market Trends in August 2015

The Gainesville FL area single family home sales saw new listings decreased by 3.28% for the month when compared with August 2014 numbers.  Sold listings increased by 14.16% and pending sales increased by 2.78.  The average sales price increased by 2.67% to $213,330 and market times rose by 2 days or 1.53%.

Gainesville Area
Single Family
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
August 2015 265 222 250 $213,330 133
August 2014 274 216 219 $207,780 131

The Gainesville FL area Condo home sales saw new listings decreased by 30.95% for the month when compared to August 2014 numbers.  Sold listings increased by 1.27, and pending sales decreased by 3.77% compared to August 2014.  The average sales price increased by 9.71% to $94,016, and market times increased by 89 days or 75.42%.

Gainesville
Area Condo
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
August 2015 58 51 80 $94,016 207
August 2014 84 53 79 $85,696 118

Think you’re ready to buy?

Watch this short video to get advice on how to know when you’re ready to buy and find out what you need to get a competitively-priced loan.

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

Tags: Area Info · Market Trends · North Central Florida Real Estate · Real Estate

Gainesville Fl Real Estate Market Trends for July 2015

August 28th, 2015 · No Comments

Yes, it’s August but don’t let global warming trends ruin your weekend house hunting plans! Simply follow these 4 tips on how to survive the sweltering heat outside while making your appointed house-hunting rounds.

gainesville fl real estate

1. Schedule your viewings when it’s relatively cool. Plan your house hunting for the morning starting around 9:00 a.m. so it can be done by 1 p.m. when temps can become unbearable.

2. Map out homes that are close to one another. Have a very clear plan of which homes you will visit within a certain area so you can quickly and efficiently go down the list and avoid your car overheating.

3. Carry a fan. Carry a small hand held fan and bottled water for a quick pick me up.

4. Laugh it off. Keep things light and remember winter weather is on its way..

Take a look at July’s real estate sales statistics.

Gainesville FL Real Estate Market Trends in July 2015

The Gainesville FL area single family home sales saw new listings increased by 8.92% for the month when compared with July 2014 numbers.  Sold listings increased by 30.2% and pending sales increased by 13.52%.  The average sales price decreased by 1.12% to $206,547 and market times dropped by 23 days or 17.16%.

Gainesville Area
Single Family
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
July 2015 342 277 332 $206,547 111
July 2014 314 244 255 $208,881 134

The Gainesville FL area Condo home sales saw new listings increased by 13.95% for the month when compared to July 2014 numbers.  Sold listings increased by 28.79%, and pending sales increased by 11.76% compared to July 2014.  The average sales price increased by 4.49% to $98,004, and market times increased by days or 10%.

Gainesville
Area Condo
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
July 2015 74 76 85 $98,004 121
July 2014 86 68 66 $93,790 111

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

Tags: Area Info · Market Trends · North Central Florida Real Estate · Real Estate

Gainesville FL Real Estate Market Trends for June 2015

July 31st, 2015 · No Comments

If you are contemplating putting your house on the market, you may want to see if you have some of the top features home buyers are looking for.

  • A large laundry room is on the list of must-haves for most home buyers these days.  The bigger the better when it comes to laundry rooms. Painting this room a fun color is also a great idea.  If you have not yet updated your washer and dryer it may be a good time to do that as well.
  • Landscape lighting is a plus if you want your house to stand out above all the others on the market.  Taking a photo of your home at night with all the landscape lighting lit may be a good way to market your home in real estate magazines.  Also if you want to add ambiance to the inside of your house you can add wall lanterns in entrance ways and hallways.
  • A finished garage is an excellent feature that many home buyers are looking for.  You can add drywall and paint as well as paint the floor of your garage.  You will be amazed at what a difference doing this will make to your home.  Make sure to add a lot of storage areas so that the man of the house will be happy about buying your home.
  •  An “eat-in” kitchen  is a must have these days.  If you don’t currently have an “eat-in” kitchen, you may want to knock out a wall to make this possible.  It could be the difference of selling your home or not selling your home.

Take a look at June’s real estate sales statistics.

Gainesville FL Real Estate Market Trends in June 2015

The Gainesville FL area single family home sales saw new listings increased by 29.14% for the month when compared with June 2014 numbers.  Sold listings increased by 28.41% and pending sales increased by 14.4%.  The average sales price increased by 9.62% to $233,645, and market times dropped by 3 days or 3.16%.

Gainesville Area
Single Family
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
June 2015 421 278 348 $233,645 136
June 2014 326 243 271 $213,137 139

The Gainesville FL area Condo home sales saw new listings increased by 20.45% for the month when compared to June 2014 numbers.  Sold listings decreased by 3.57%, and pending sales decreased by 7.89% compared to June 2014.  The average sales price increased by 3.21% to $91,426, and market times decreased by 34 days or 22.52%.

Gainesville
Area Condo
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
June 2015 106 70 81 $91,426 117
June 2014 88 76 84 $88,578 151

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

Tags: Market Trends · North Central Florida Real Estate · Real Estate

Alachua County FL Foreclosure Trends for May 2015

June 26th, 2015 · No Comments

In May 2015, Alachua County, FL foreclosure filings were 13% lower than the previous month and 31% lower than the same time last year, according to RealtyTrac.com.

Alachua County, FL Foreclosure Status

The current distribution of foreclosures based on the number of active foreclosure homes in Alachua County, FL.

Auctions accounted for 52.2% of foreclosure activity in May 2015, Bank-owned properties accounted for 38.3%, and Pre-foreclosures 9.6%.

alachua county fl foreclosure

 

Alachua County, FL Foreclosure Activity by Month

In May, Pre-foreclosures decreased 47.6% from the previous month and 80.0% from the previous year. Auctions increased 27.7% from the previous month and decreased 11.8% from the previous year. Bank-owned properties decreased 31.3% from the previous month and 0.0% from the previous year.

alachua county fl foreclosure
Alachua County, FL Foreclosure Geographical Comparison

The number of Alachua County, FL foreclosures were 0.01% above national statistics and 0.14% lower than state figures in May.

alachua county fl foreclosure

Are you or someone you know behind on your mortgage payments and facing a Gainesville FL foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE). Give me a call for a private consultation.

Search all Gainesville FL real estate and Gainesville FL homes for sale.

Linda Luetjen assists buyers looking for Gainesville FL real estate for sale and aggressively markets Gainesville FL homes for sale.

Tags: Area Info · Market Trends · North Central Florida Real Estate · Real Estate

Gainesville FL Real Estate Market Trends in May 2015

June 19th, 2015 · No Comments

When people dream of vacation homes, oftentimes they cut themselves off quickly, thinking they would never be able to afford one. However, new research by the National Association of REALTORS® shows that is probably not the case. While vacation homes are obviously a big investment, they aren’t out of reach for those under the six-figure salary mark. According to NAR’s 2015 Investment and Vacation Home Buyers Survey, the median household income for those who own a vacation property is $94,380, only about $15,000 more than the median income for those who own their primary residence ($79,650). And if you thought buyers needed cash to buy it, think again—70 percent of vacation homes purchased last year were financed with a mortgage. Considering buying a vacation home? Start your search here!

Take a look at May’s real estate sales statistics.

Gainesville FL Real Estate Market Trends in May 2015

The Gainesville FL area single family home sales saw new listings increased by 17.88% for the month when compared with May 2014 numbers.  Sold listings increased by 15.45% and pending sales increased by 25.31%.  The average sales price increased by 14.55% to $225,688, and market times dropped by 18 days or 12.86%.

Gainesville Area
Single Family
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
May 2015 389 307 284 $225,688 122
May 2014 330 245 246 $197,014 140

The Gainesville FL area Condo home sales saw new listings decreased by 16.33% for the month when compared to May 2014 numbers.  Sold listings decreased by 20.25%, and pending sales increased by 32.35% compared to May 2014.  The average sales price increased by 8.76% to $99,020, and market times increased by 17 days or 13.28%.

Gainesville
Area Condo
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
May 2015 82 90 63 $99,020 145
May 2014 98 68 79 $91,045 128

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

Information courtesy of Gainesville FL Realtor Linda Luetjen.

Tags: Market Trends · North Central Florida Real Estate · Real Estate

Alachua County, FL Foreclosure Trends for April 2015

June 5th, 2015 · No Comments

In April 2015, Alachua County, FL foreclosure filings were 3% lower than the previous month and 5% lower than the same time last year, according to RealtyTrac.com.

Alachua County, FL Foreclosure Status

The current distribution of foreclosures based on the number of active foreclosure homes in Alachua County, FL.

Auctions accounted for 35.6% of foreclosure activity in April 2015, Bank-owned properties accounted for 48.5%, and Pre-foreclosures 15.9%.

alachua county fl foreclosure

 

Alachua County, FL Foreclosure Activity by Month

In April, Pre-foreclosures decreased 8.7% from the previous month and 64.4% from the previous year. Auctions increased 0.0% from the previous month and increased 1466.7% from the previous year. Bank-owned properties decreased 3.0% from the previous month and 16.9% from the previous year.

alachua county fl foreclosure

 

Alachua County, FL Foreclosure Geographical Comparison

The number of Alachua County, FL foreclosures were 0.02% above national statistics and 0.13% lower than state figures in April.

alachua county fl foreclosure

Are you or someone you know behind on your mortgage payments and facing a Gainesville FL foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE). Give me a call for a private consultation.

Search all Gainesville FL real estate and Gainesville FL homes for sale.

Linda Luetjen assists buyers looking for Gainesville FL real estate for sale and aggressively markets Gainesville FL homes for sale.

Tags: Area Info · Market Trends · North Central Florida Real Estate · Real Estate

Gainesville FL Real Estate Market Trends – April 2015

May 22nd, 2015 · No Comments

soldDecades ago, it was not uncommon for people to work at the same job for the entirety of their professional career. Similarly, many people kept the same home their whole lives. Those trends, however, have shifted. Today most homeowners buy and sell several homes throughout their lifetime. The reasons to sell one’s home vary—changes in family situations, neighborhood transformations, financial changes, and many others. However, the most popular reasons sellers decided to leave their home for another are quite simple—people moving to new areas and outgrowing their homes. According to the National Association of REALTORS® 2014 Profile of Home Buyers and Sellers, 15 percent of sellers sold their previous home because the place was too small. That number was much higher (30 percent) among first-time sellers. Additionally, another 15 percent sold their last home due to job relocation. Are you considering selling your home? Get a free current market analysis here.

Take a look at April’s real estate sales statistics.

Gainesville FL Real Estate Market Trends in April 2015

The Gainesville FL area single family home sales saw new listings increased by 3.17% for the month when compared with April 2014 numbers.  Sold listings increased by 12.38% and pending sales increased by 10.29%.  The average sales price decreased by 4.17% to $202,634, and market times dropped by 12 days or 8.51%.

Gainesville Area
SF
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
Apr 2015 423 300 227 $202,634 129
Apr 2014 410 272 202 $211,449 141

The Gainesville FL area Condo home sales saw new listings decreased by 3.64% for the month when compared to April 2014 numbers.  Sold listings decreased by 14.71%, and pending sales decreased by 19.78% compared to April 2014.  The average sales price decreased by 1.81% to $91,510, and market times decreased by 17 days or 10.12%.

Gainesville
Area Condo
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
Apr 2015 114 73 58 $91,510 151
Apr 2014 110 91 68 $89,883 168

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

Tags: Area Info · Market Trends · North Central Florida Real Estate · Real Estate

Alachua County FL Foreclosure Trends for March 2015

May 1st, 2015 · No Comments

In March, Alachua County, FL foreclosure filings were 39% higher than the previous month and 40% lower than the same time last year, according to RealtyTrac.com.

Alachua County, FL Foreclosure Status

The current distribution of foreclosures based on the number of active foreclosure homes in Alachua County, FL.

Auctions accounted for 34.6% of foreclosure activity in March 2015, Bank-owned properties accounted for 48.5%, and Pre-foreclosures 16.9%.

alachua fl foreclosure

 

Alachua County, FL Foreclosure Activity by Month

In March, Pre-foreclosures increased 155.6% from the previous month and decreased 69.3% from the previous year. Auctions increased 4.4% from the previous month and decreased 42.0% from the previous year. Bank-owned properties increased 50.0% from the previous month and decreased 8.3% from the previous year.

alachua county fl foreclosure

 

Alachua County, FL Foreclosure Geographical Comparison

The number of Alachua County, FL foreclosures were 0.02% above national statistics and 0.11% lower than state figures in March.

alachua county fl foreclosure

Are you or someone you know behind on your mortgage payments and facing a Gainesville FL foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE). Give me a call for a private consultation.

Search all Gainesville FL real estate and Gainesville FL homes for sale.

Linda Luetjen assists buyers looking for Gainesville FL real estate for sale and aggressively markets Gainesville FL homes for sale.

Tags: Area Info · Market Trends · North Central Florida Real Estate · Real Estate