Gainesville Florida Single Family Homes Sold Market Report – September 2012
Here are the statistics for Gainesville Florida single family homes real estate market for the July, August, and September 2012.
This chart below shows you the number of CLOSED SALES for the months of July 2012, August 2012 and September 2012. Also the relationship of (DOM) the average days on the market for those sales, and the current PENDING SALES.
This chart below provides a graph as the number of ACTIVE LISTINGS in the Gainesville Florida Multiple Listing Service for this same three month period. The month of September shows a decrease in the total active listings, and this is a strong market indicator that our inventory is falling, which is a trend toward a more balanced local market. Pending Sales declined for the month of September which shows the summer moving season is over.
The single family homes active inventory is has increased just a bit for the month of July and closed sales are up as well. We now have the ability in our MLS system to see the different Single Family Home categories: Homes, Farms & Ranches, and Mobile Homes with land. These reports show the total of all sub categories of Single Family Home data. Most local consumers here know that our local “peak” buying season is April through September. The number of closed sales has remained constant through August, yet slowed in September as the peak moving time has now passed since school is now in session. Another good indicator of market stabilization is that the number of homes for sale has also declined. A decreasing inventory is an indicator for a trend toward a more balanced market.
Indicators are showing an increase of buyers actively viewing homes. Home buyers know that the mortgage interest rates are appealing. The “activity” is from the use of electronic lock box entry providing higher number of showings on the active listings for sale. There also This data & inventory amounts covers all areas & communities in Alachua County as per the Gainesville-Alachua County MLS.
These numbers to NOT include vacant land, condominiums, or commercial properties.
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