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Gainesville FL Condominium Market Report June 2018

July 25, 2018 by Chris Bohn

Gainesville FL Condominium Market Report June 2018

This Gainesville FL condominium market report is compiled from our local MLS and Florida Realtors Research Department. I fully admit that we did not post the May reports. This post is for the June 2018 market report and shows our actual MLS data. The new listings coming on the market are down this month with 113 units. The closed sales for June are reported at 107 units. Pending sales jumped up again to 111 units. We are in our strong summer condo market!

This chart below shows the stats for April, May and June 2018. The last three months of data are displayed below of new active listings, new pending sales, and closed sales. This data is compiled from the Gainesville Multiple Listing Service & Florida Realtors® research and statistical reports. Each month we compile these posts, we plan to publish these monthly reports after the 23rd of each month. Bookmark the GainesvilleRealEstateTalk blog!

This next table compares June 2018 to June 2017. Condominium sales compared to last month are stable. There were 111 closed sales in June 2018 and 60 of those sales were cash transactions. It shows that more buyers are getting loans for condos in our area. The Average sales are off slightly from last year. Our median sales prices are off slightly. The medium time to contract shows 26 days. The full detailed report is available here in our library.

The Gainesville condominium real estate market continues to be good for buyers. The biggest obstacle for condominium sales is a buyer’s ability to obtain a mortgage. Each condominium complex will be analyzed by the mortgage lender & underwriters for loan approval. Call me to find out which condo complexes will qualify for FHA Financing. Finding any lender on a Florida condo has been tough, so be prepared when shopping for a lender on your condo purchase. Ask your Realtor if a unit you are considering is a true condo or a PUD (Planned Unit Development). Lenders and their underwriters are scrutinizing the condo association’s budget and ownership ratios to determine if they will offer financing.Your lender will want to know if the condominium you are interested in is a “true condo” or a PUD (Planned Unit Development).

Condominiums could be a good real estate investment for the Gainesville market.

Search for Gainesville Condos for Sale!

Cash Buyers and Investors have excellent opportunities in the Gainesville market.

Are you ready to start looking for a Gainesville Condo? Give us a Call!

Gainesville Real Estate Market Report April 2018

June 4, 2018 by Chris Bohn

Gainesville Real Estate Market Report April 2018

Gainesville Real Estate Market Report for Single Family Homes Sold in April 2018. Here you will find the recent three-month statistics for February, March & April of 2018. Our real estate market stats are here, and this shows we are swinging into the strong spring market.

The chart below shows Gainesville’s market statistics for NEW LISTINGS, PENDING SALES, and the CLOSED SALES for the last 3 Months. New listings are up this month to 435! This is a strong jump up, and we hope the trend continues to ease our low inventory. Our new PENDING contracts are sitting at 428 homes. Closed Sales remain high at 281.

The Gainesville-Alachua County Association of Realtors® provides their statistics to the Florida Realtors® each month and they compile statewide data that allows them to compile these reports. Let’s look at stats for April 2018 compared to the same month in 2017. Closed sales are had no change compared to last year. Yet our months supply of inventory has declined 14%, and this shows our low inventory of homes for sales under the $250K price range. Listings are selling faster, which is shown under medium time to sale or medium time to contract percentage. Median Sales Prices are steady. You can view the FULL Monthly Market Detail HERE.

This chart above provides a detailed breakdown of the Gainesville FL Real Estate Market APRIL 2018. Our “Months Supply of Inventory” is down by 14.6%. This has already created multiple offer situations for buyers now for homes that are priced under $350,000. The average sale price is jumped up from last year by 12.8% and shows $264,275. To be a strong buyer, have your financing in place to make your offer strong. With interest rates heading up this year, there will be other buyers competing with you when looking at homes in Gainesville.

Are you ready to start your home search in Gainesville FL?

Please use our Advanced Search Feature to obtain current up-to-date information on the homes for sale in Gainesville.

Each month we will publish Gainesville’s real estate statistics. This data is compiled by Florida Realtors® Research & Statistics division and is available after the 23rd of each month. Our monthly market reports help us understand Gainesville’s market condition.

The Gainesville Real Estate Market great!

Gainesville FL Condominium Market Report April 2018

June 3, 2018 by Chris Bohn

Gainesville FL Condominium Market Report April 2018

This Gainesville FL condominium market report is compiled from our local MLS and Florida Realtors Research Department. These stats for the April 2018 market report shows our actual MLS data. The new listings coming on the market are down this month with 98 units. The closed sales for April are reported at 88 units. Pending sales jumped up for April at 134 units. We are in our spring condo market!

This chart below shows the stats for February, March and April. The last three months of data are displayed below of new active listings, new pending sales, and closed sales. This data is compiled from the Gainesville Multiple Listing Service & Florida Realtors® research and statistical reports. Each month we compile these posts, we plan to publish these monthly reports after the 23rd of each month. Bookmark the GainesvilleRealEstateTalk blog!

This next table compares April 2018 to April 2017. Condominium sales compared to last month are stable. There were 88 closed sales in April 2018 and 48 of those sales were cash transactions. It shows that more buyers are getting loans for condos in our area. The Average sales are UP 14% from last year. Our median sales prices have also gone up and this is good news for our Gainesville condo market. The medium time to contract shows 19 days. The full detailed report is available here in our library.

Condominiums could be a good real estate investment for the Gainesville market.

Search for Gainesville Condos for Sale!

Cash Buyers and Investors have excellent opportunities in the Gainesville market.

Are you ready to start looking for a Gainesville Condo? Give us a Call!

Gainesville Real Estate Market Report Mar 2018

May 1, 2018 by Chris Bohn

Gainesville Real Estate Market Report Mar 2018

Gainesville Real Estate Market Report for Single Family Homes Sold in Mar 2018. Here you will find the recent three-month statistics for January, February & March of 2018. Our real estate market stats are here, and this shows the first quarter and we are swinging into the strong spring market.

The chart below shows Gainesville’s market statistics for NEW LISTINGS, PENDING SALES, and the CLOSED SALES for the last 3 Months. New listings are up this month to 422! This is a strong jump up, and we hope the trend continues to ease our low inventory. Our new PENDING contracts are sitting at 409 homes. Closed Sales jumped way up to 283.

The Gainesville-Alachua County Association of Realtors® provides their statistics to the Florida Realtors® each month and they compile statewide data that allows them to compile these reports. Let’s look at stats for March 2018 compared to the same month in 2017. Closed sales are had no change compared to last year. Yet our months supply of inventory has declined 10%, and this shows our low inventory of homes for sales under the $250K price range. Listings are selling faster, which is shown under medium time to sale or medium time to contract percentage. Median Sales Prices are steady. You can view the FULL Monthly Market Detail HERE.

This chart above provides a detailed breakdown of the Gainesville FL Real Estate Market March 2018. Our “Months Supply of Inventory” is down by 10%. This has already created multiple offer situations for buyers now for homes that are priced under $350,000. The average sale price is jumped up from last year by 25% and shows $272,555. To be a strong buyer, have your financing in place to make your offer strong. With interest rates heading up this year, there will be other buyers competing with you when looking at homes in Gainesville.

Are you ready to start your home search in Gainesville FL?

Please use our Advanced Search Feature to obtain current up-to-date information on the homes for sale in Gainesville.

The Gainesville Real Estate Market great!

Gainesville FL Condominium Market Report March 2018

April 30, 2018 by Chris Bohn

Gainesville FL Condominium Market Report March 2018

This Gainesville FL condominium market report is compiled from our local MLS and Florida Realtors Research Department. The stats for March 2018 market report shows factual data March. The new listings coming on the market are up with 132 units. The closed sales for March are reported at 81 units. Pending sales are also up for March at 121 units. We’re swinging into the spring market!

This chart below shows the stats for January, February & March. The last three months of data are displayed below of new active listings, new pending sales, and closed sales. This data is compiled from the Gainesville Multiple Listing Service & Florida Realtors® research and statistical reports. Each month we compile these posts, we plan to publish these monthly reports after the 23rd of each month. Bookmark the GainesvilleRealEstateTalk blog!

This next table compares March 2018 to March 2017. Condominium sales compared to last month are stable. There were 81 closed sales in March 2018 and 39 of those sales were cash transactions. It shows that more buyers are getting loans for condos in our area. The Average sales are UP 8% from last year. Our median sales prices have also gone up and this is good news for our Gainesville condo market. The medium time to contract shows 25 days. The full detailed report is available here in our library.

Condominiums could be a good real estate investment for the Gainesville market.

Search for Gainesville Condos for Sale!

Cash Buyers and Investors have excellent opportunities in the Gainesville market.

Are you ready to start looking for a Gainesville Condo? Give us a Call!

Friends of the Library Spring Book Sale 2018

April 14, 2018 by Chris Bohn

Friends of the Library Spring Book Sale 2018

Its Time for The Friends of the Library Spring Book Sale 2018! Spring is Here and that means things are gearing up for The Friends of The Library SPRING Book Sale April 21 through April 25.

This is the annual SPRING event in Beautiful Gainesville! If you’ve never been to this book sale, make sure you go check it out. Lots of treasures to find and all will benefit our Alachua County Library District. The money made during the book sales is used for budgeted library support, scholarships for library staff, special projects, and county literacy projects.

The Friends of the Library Book Sale starts Saturday April 21st, 2018 at 9am (See schedule below).

Saturday, April 21 ………. 9am-6pm
Sunday, April 22 …………12pm-6pm
Monday, April 23 ………..12pm-6pm
Tuesday, April 24 ……….12pm-6pm
Wednesday, April 25.…..12pm-6pm

Where: 430-B N. Main St., Gainesville, FL 32601

To download a floor plan of the sale area, click here.

Location is at The Friends of the Library building (The Book House) at 430 N. Main Street, Gainesville.

View on Google Map

BOOKS ~ PUZZLES & GAMES ~ RECORDS & TAPES ~ DVD’S & VIDEOS ~ COMPUTER SOFTWARE ~ COMIC BOOKS ~ ARTWORK

Remember to Bring your own boxes for shopping!

No electronic devices for scanning purposes
No wagons at any time during the sale
No strollers/carts/rolling suitcases on Saturday or Sunday
No food, drinks, smoking, pets
No sorting or stockpiling on the floor

No Credit or Debit Cards! Cash or Checks Only

Phone: 352-375-1676

Gainesville is a GREAT Place to Live!

Gainesville FL Condominium Market Report June 2018

Gainesville FL Condominium Market Report June 2018

Are you ready to start looking for a Gainesville Condo? Give us a Call!

Gainesville Real Estate Market Report April 2018

Gainesville Real Estate Market Report April 2018

Gainesville FL Condominium Market Report April 2018

Gainesville FL Condominium Market Report April 2018

Are you ready to start looking for a Gainesville Condo? Give us a Call!

Gainesville Real Estate Market Report Mar 2018

Gainesville Real Estate Market Report Mar 2018

Gainesville FL Condominium Market Report March 2018

Gainesville FL Condominium Market Report March 2018

Are you ready to start looking for a Gainesville Condo? Give us a Call!

Friends of the Library Spring Book Sale 2018

Friends of the Library Spring Book Sale 2018

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