• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Gainesville FL Real Estate & Homes

Gainesville Real Estate Talk

MENUMENU
  • Home
  • Search
        • Basic Search
          • Advanced Search
          • Vacant Land For Sale
          • Map Search
        • Condominiums
          • Luxury Home Search
          • Gated Communities
          • Homes with Pools
          • Community Pool Neighborhoods
        • SW Gainesville Homes
          • NW Gainesville East of I-75
          • NW Gainesville West of I-75
          • NE Gainesville Homes
  • Buyers
        • Home Buyers Process
        • Ultimate Home Buyers Guide
        • Luxury Homes
        • What’s Your Wish List?
        • Mortgage Calculator
  • Sellers
    • Free Market Analysis
    • Our Listings
    • Our Marketing Plan
    • What’s My Gainesville Home Worth
    • Preparing Your Home for Sale
    • Ultimate Home Sellers Guide
  • Communities
        • SW Gainesville Homes
          • NW Gainesville-E-I-75
          • NW Gainesville-W-I-75
          • NE Gainesville Homes
          • SE Gainesville Homes
        • Alachua
          • Archer
          • High Springs
          • Jonesville
          • Micanopy
          • Newberry
        • Haile Plantation
          • Town of Tioga
          • 55+ Communities
          • Condominiums
          • Gated Communities
  • Resources
        • Home Service Providers
          • Local Photo Gallery
          • Relocate
        • Government
          • Utilities
          • Hospitals
          • Local Schools
  • About Us
    • Testimonials
    • Our Listings
  • Blog
  • Market Reports
  • Contact Us

Gainesville Condominium Market Report October 2015

November 24, 2015 by Chris Bohn

Gainesville Florida real estate market report for Condominiums SOLD in October 2015.

These stats for the Gainesville condominium market are compiled from our local MLS and Florida Realtors Research Department. The October 2015 stats shows a normal slow in our Gainesville condo market for fall season. The pending sales are down, and new listings are stable for the second month of our fall season. Closed sales are up a bit from last month.

This chart below shows the stats for August, September and October 2015. New Active Listings,  Pending Sales, and Closed Sales are displays for comparison. 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 this site for Gainesville real estate information!

Gainesville Condominium Market Report Oct 2015

This next table compares October 2015 to October 2014. Cash Sales percentage of total sales has become a significant issue. In the display below, you can see the large percentage of cash sales in our local Condo & Town Home market. There were 47 Closed sales in September, and 24 of those sales were Cash Buyers. Finding any lender on a condo is tough, so be prepared when shopping for a lender on a condo purchase. Ask your Realtor if a unit is a true condo or a PUD (Planned Unit Development). Lenders and their underwriting is scrutinizing the condo association’s budget and ownership ratios to determine if they will offer financing. Closed sales the significantly up almost 56% from last year.  The MEDIAN sales price is up 3% from last year. Pending Sale are down 6% from this time last year.

Gainesville Condominium Market Report Oct 2015

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.  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.

The full detailed report is available here in our library.

Filed Under: Gainesville Market Reports Tagged With: Gainesville condos, gainesville real estate, market report gainesville condos sold

Footer

RE/MAX Professionals

The Bohn Team

Christine Bohn, Broker Associate

Michael Bohn, Sales Associate

4011 NW 43rd Street, Suite C
Gainesville, FL 32606


Find Out More About Us

 

Popular Searches

Gainesville Luxury Homes

Gated Communities in Gainesville

Pool Homes in Gainesville

Jonesville-Newberry-Homes for Sale

Gainesville Condos & Townhomes

Haile Plantation Community

Community Pool Neighborhoods

Connect With Us

Copyright © 2023 · Agent Focused Pro on Genesis Framework · WordPress · Log in

Privacy Policy | Web Policy