Gainesville Market Reports Mary 2015
Gainesville Florida Real Estate Market Report for Single Family Homes Sold in MAY 2015. Here you will find the three-month statistics for Gainesville Florida single family homes real estate market for March, April and May of 2015. Spring/Summer buying season is here in full swing!
The chart below shows Gainesville’s NEW LISTINGS, PENDING SALES, and the CLOSED SALES for the month of May 2015 were up from our previous month. Our PENDING contracts are stable for the current market, and lower current inventory from the previous month. We’ve got good indicators for our 2015 season of real estate sales in Gainesville. Our local market has strong indicators of a balanced market.
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. Closed sales show a BIG increase of 16.5% for May compared to last year. Yet our months supply of inventory has declined 23%. Pending sales are also UP 12%. This is very good indicators for our improved market.
This chart above provides a detailed breakdown of the Gainesville FL Real Estate Market for the May 2015. Our “Months Supply of Inventory” is down by 23%, so our inventory is shrinking. This is a nice market indicator for our Gainesville real estate market trend. Predictions indicate that we will have buyers facing multiple offer competition on some listings this season.
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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.
It’s going to be a great 2015 in the Gainesville Real Estate Market!