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Gainesville FL Market Trends Report – July 2016

August 26th, 2016 · No Comments

GAINESVILLE FL MARKET TRENDS

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.

Tags: Area Info · Buyer Info · Home Ownershio · home ownership · Market Trends · North Central Florida Real Estate · Real Estate · Seller Info

Gainesville FL Real Estate Market Trends – May 2016

June 28th, 2016 · No Comments

gainesville fl real estate

When putting a home on the market, there is a lot to consider. How will you find a REALTOR®? What should you price the home? And the big one—is the home ready to sell? Most sellers know to get rid of clutter and fix any big or obvious problems. But what else can sellers do to get top dollar for their home? The National Association of REALTORS has identified some staging tips for various rooms in a home. After all, NAR research shows that 81 percent of buyers believe it is easier for them to picture themselves in a home when it’s staged. To appeal to those buyers, NAR recommends scrubbing the fireplace, focusing on symmetry in decoration, packing up dishes that don’t match your main set in your cupboards, making the extra bedroom a fun activity room to showcase other functions (like a sewing room or office), and keeping all closets as empty as possible.

Check out how many local sellers were successful selling their homes in May:

Gainesville FL Real Estate Market Trends – May 2016

The Gainesville FL area single family home sales saw new listings increased by 2.31% when compared with May 2015 numbers.  Sold listings increased by 1.03% and pending sales decreased by 9.12%. The average sales price increased by 5.18% and market times dropped by 2 days.

Gainesville Area
Single Family
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
May 2016 398 279 293 $237,694 118
 May 2015 389 307 290 $225,978 120

The Gainesville FL area Condo home sales saw new listings increased by 29.87% when compared with May 2015 numbers.  Sold listings increased by 15.94% and pending sales increased by 12.22%. The average sales price increased by 22.04% and market times dropped by 28 days.

Gainesville
Area Condo
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
 
May 2016
100 101 80 $120,213 119
 
May 2015
77 90 69 $98,502 147

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 – March 2016

April 29th, 2016 · No Comments

home buyer

According to the National Association of Realtors, mortgage rates are now lower than they ended in March. That means that rates are not only near the lows for the year to date, they are also close to the lowest rates in three years. These lower rates translate into increased buying power and/or improved ability to qualify for a mortgage.

A record number of Americans are actively searching and looking at the current inventory on Realtor.com®. We currently have 2% fewer homes for sale in the U.S. relative to last year, but we’ve seen 137,000 new listings come onto the market so far in April.

Looking ahead, great weather will likely draw even more people to look at open houses and available homes over the rest of the month. According to Cleveland Research, after a cooler than normal start to April, the weather forecast for the next 10 days is expected to be “near perfect” across many of the largest housing markets in the country, especially in the central and eastern U.S.

But who cares about a national or regional weather or housing forecast? What matters most are the trends and conditions in your neighborhood.

Gainesville FL Real Estate Market Trends – March 2016

The Gainesville FL area single family home sales saw new listings increased by 14.92% for March 2016 when compared with March 2015 numbers.  Sold listings increased by 1.26% and pending sales increased by 6.89%. The average sales price increased by 3.07% and market times dropped by 7 days.

Gainesville Area
Single Family
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
Mar 2016 462 310 240 $208,379 123
 Mar 2015 402 290 237 $202,160 130

The Gainesville FL area Condo home sales saw new listings increase by 39.56% in March 2016 when compared to March 2015 numbers.  Sold listings increased by 41.81%, and pending sales increased by 3.61% compared to 2015.  The average sales price increased by 39.40%, and market times decreased by 37 days.

Gainesville
Area Condo
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
 
Mar 2016
127 86 78 $113,328 103
 
Mar 2015
91 83 55 $81,504 140

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

Courtesy Gainesville FL Realtor Linda Luetjen.

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

Gainesville FL Real Estate Market Trends – Jan 2016

February 25th, 2016 · No Comments

gainesville fl real estate

Gainesville FL Real Estate Market Trends – Jan 2016

The Gainesville FL area single family home sales saw new listings decrease by 1.77% for January 2016 when compared with January 2015 numbers.  Sold listings increased by 13.64% and pending sales increased by 11.39%. The average sales price increased by 8.91% to $223,126 and market times dropped by 12 days.

Gainesville Area
Single Family
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
Jan 2016 333 225 150 $223,126 142
 Jan 2016 339 202 132 $204,875 154

The Gainesville FL area Condo home sales saw new listings increase by 7.59% in January 2016 when compared to January 2015 numbers.  Sold listings decreased by 23.64%, and pending sales increased by 33.3% compared to 2015.  The average sales price decreased by 1.52% to $105,747, and market times increased by 31 days or 26.27%.

Gainesville
Area Condo
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
 
Jan 2016
85 60 42 $105,747 149
 
Jan 2015
79 45 55 $107,381 118

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 – November 2015

December 23rd, 2015 · No Comments

Now that Christmas is almost here, Realtor.com has ranked the HOTEST Real Estate Markets in November. The temperatures may be dropping but California real estate is hot, hot, hot scoring 12 of the top 20 spots with San Francisco as #1. The good news for the rest of the country is trends always seem to start in California and move eastward. This bodes well for our local market in 2016!

Take a look at our local market trends for November:

Gainesville FL Real Estate Market Trends in November  2015

The Gainesville FL area single family home sales saw new listings increase by 4.69% for the month when compared with November 2014 numbers.  Sold listings decreased by 1.8% and pending sales increased by 20.38%. The average sales price increased by 16.3% to $200,025 and market times dropped by 25 days.

Gainesville Area
Single Family
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
November 
2015
223 189 164 $200,025 138
November  
2014
213 157 167 $189,186 163

The Gainesville FL area Condo home sales saw new listings increase by 25% for the month when compared to November 2014 numbers.  Sold listings decreased by 31.48%, and pending sales decreased by 20.75% compared to November 2014.  The average sales price increased by 0.34% to $100,205, and market times decreased by 28 days or 18.3%.

Gainesville
Area Condo
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
November  
2015
55 37 42 $100,205 125
November 
2014
44 54 53 $99,865 153

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 – 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

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

Gainesville FL Real Estate Market Trends – January 2015

February 20th, 2015 · No Comments

Even though most people start their New Year’s resolutions on January 1, some people add resolutions as the year progresses. For some, that goal is realizing the dream of homeownership. Beginning the process of buying a home can be daunting, but it is easy enough to begin working on the first step – saving for a down payment. According to the National Association of REALTORS®’ 2014 Profile of Home Buyers and Sellers, 65 percent of home buyers utilize their savings account for a down payment; however, buyers find many other ways to finance a down payment, including selling stocks or bonds, relying on gifts from friends or relatives, retirement funds or using the proceeds from another home sale.

Beginning to build savings should be a priority for potential buyers because it can take some time. According to NAR’s report, it took half of buyers a year or less to save for a down payment, while another 19 percent said it took between one and two years to build their savings account. Additionally, 29 percent said they needed more than two years to save.

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

Gainesville FL Real Estate Market Trends in January 2015

The Gainesville FL area single family home sales saw new listings increased by 8.22% for the month when compared with January 2014 numbers.  Sold listings decreased by 6.87% and pending sales decreased by 5.03%.  The average sales price increased by 8.52% to $212,424, and market times rose by 9 days or 6.04%.

Gainesville Area
Single Family
New Listings Pending Sales Sold Listings Avg. Sales Price Days on Market
Jan 2015 316 189 122 $212,424 158
Jan 2014 292 199 131 $195,745 149

The Gainesville FL area Condo home sales saw new listings increase by 15.49% for the month when compared to January 2014 numbers.  Sold listings increased by 34.38%, and pending sales increased by 34.15% compared to January 2014.  The average sales price increased by 21.3% to $102,725, and market times dropped by 43 days or 25.9%.

Gainesville
Area Condo
New
Listings
Pending
Sales
Sold
Listings
Avg. Sales
Price
Days on
Market
Jan 2015 82 55 43 $102,725 123
Jan 2014 71 41 32 $84,687 166

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 · Buyer Info · Market Trends · North Central Florida Real Estate · Real Estate · Seller Info