Gainesville Real Estate Market Report April 2016
Gainesville Florida Real Estate Market Report for Single Family Homes Sold in April 2016. Here you will find the recent three-month statistics for February, March and April 2016.
The chart below shows Gainesville’s NEW LISTINGS, PENDING SALES, and the CLOSED SALES for the last 3 Months. New Listings are slightly down this month to 423. Our PENDING contracts are also UP to 407, and this is a very good sign for our Spring/Summer market. Closed Sales are also UP to 284 for April. We are having a HOT real estate market this season!
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 for April 2016 compared to April 2015. Closed sales show an 17.8% increase from last year. Yet our months supply of inventory has declined 20%, and this shows a trend to our low inventory of homes for sale. The total Dollar Volume is up 40% from last year. Homes are moving faster. The average sales price is UP 18.9% and these are very good numbers! Call us for any questions about the Gainesville Real Estate Market.
This chart above provides a detailed breakdown of the Gainesville FL Real Estate Market for April 2016. Our “Months Supply of Inventory” is down by 20.3%, so our inventory is shrinking. This has already created multiple offer situations for buyers now for homes that are priced under $ 300,000. To be a strong buyer, have your financing in place to make your offer strong.
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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 great!