Gainesville Market Reports July 2015
Here’s our Gainesville Market report of the month! Gainesville Florida Real Estate Market Report for Single Family Homes Sold in July 2015. Here you will find the three-month statistics for Gainesville Florida single family homes real estate market for May, June and July of 2015. Gainesville’s summer buying season is in full swing! Our JULY real estate market stats are HOT, HOT, HOT!
The chart below shows Gainesville’s NEW LISTINGS, PENDING SALES, and the CLOSED SALES for the last 3 Months. New Listings are down for July and this may cause lower inventory of homes for sale next month. Our PENDING contracts are stable for the current market, and lower current inventory from the previous month. Closed Sales are strong and stable for July. 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. Let’s look at stats compared to 2014. Closed sales show a BIG increase AGAIN of 31% for July compared to last year. Yet our months supply of inventory has declined 21%. Pending sales are also UP 15.2%. Median Sales Price fell 5%. 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 July 2015. Our “Months Supply of Inventory” is down by 21.8%, 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.
You can view the FULL Monthly Market Detail HERE.
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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.
The Gainesville Real Estate Market is Great in 2015!