Gainesville Florida Real Estate Market Report for Single Family Homes Sold in October 2014. Here you will find the three-month statistics for Gainesville Florida single family homes real estate market for August, September and October 2014.
The chart below shows the number of NEW LISTINGS that came on the market for the month of October. NEW PENDING SALES, and the CLOSED SALES for the month of October 2014. You will see that NEW LISTINGS are UP for this month. Pending transactions also jumped up for a historically slow month. Closed Sales were also up from last month.
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 are up almost 26% from this time in 2013. And our months supply of inventory has declined. Proof that our market is shifting to a balanced market.
This chart provides a detailed breakdown of the Gainesville FL Real Estate Market for the Month of October 2014. Our “Months Supply of Inventory” is down by 13.5% and this is further proof our local Gainesville market is recovering to a true balanced market. Another good statistic is the “average sales price” is up from 2013. This is showing good statistics for our Gainesville market.
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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. And I fully admit that I love numbers!