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Gainesville FL Condominium Market Report – July 2012

September 4, 2012 by Chris Bohn

Here is the Gainesville Fl Condominium Market Report  for June 2012 that shows (3) Month Statistics on the Gainesville Florida Condominium & Townhouse Market.   These charts reflects the May, June 2012 and July 2012 data of units sold.  This data is compiled from the Gainesville Multiple Listing Service.

This first chart below shows the total number of active listings in the MLS and how that compares to the number of pending sales, and the closed sales for each month.   You will see that our inventory of active listings has gone down, and shows a higher number of pending contract.  The month of July shows 60 closed sales, which is down from the month of June.  The stats are showing the the number of units for sale is down which may be an indicator that the condo market is no longer in deep decline.  The current inventory is ready for investors considering the Gainesville condominium market.

Gainesville FL Condominium Market Report July 2012

This next chart shows the average days on the market for the Gainesville Condominium market and that numbers relationship to Closed Sales and Pending Sales.  The July 2012  activity shows that the number of condo sales that are SOLD are down from the month of June , and our inventory is declining.  Another good statistic is that the average days on the market continues to decline.  It’s condo buying season in Gainesville FL!  Investors should consider the condominium market!

Gainesville FL Condominium Market Report  July 2012

The Gainesville condominium market continues to be good for buyers. The prices are down, and the inventory of active units is declining .  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.

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

Click Here for the June 2012 Condo Report

Click Here for the May 2012 Condo Report

Click Here for the Aprile 2012 Condo Report

Click Here for the March 2012 Condo Report

Click Here for the February 2012 Condo Report

Click Here for the January 2012 Condo Reports

If you are interested in buying a townhome or condominium in Gainesville, please call me!  I’d love to help you.

 

Filed Under: Alachua, Condos Near UF, Gainesville Market Reports, Gainesville Real Estate, Haile Plantation, Home Buyers, Home Sellers, Homeowner Information, Investor Properties in Gainesville, Jonesville, Market Snapshots, Newberry, Northwest Gainesville, Questions and Answers, Southwest Gainesville, Town of Tioga Tagged With: gainesville condo, gainesville real estate, market report gainesville condos sold

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The Bohn Team

Christine Bohn, Broker Associate

Michael Bohn, Sales Associate

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


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