Gainesville Real Estate Market Report For Jan 2019
Gainesville Real Estate Market Report for January 2019. We are now going combine our previous market reports in to monthly post. Previously we were doing a separate post for single family homes and an additional post for the condominium market. As of 2019, we will post both sections into one post. Below you will find each section that show detailed stats for each category. You will find other statistics on each chart. We love numbers and hope you enjoy our monthly market reports.
Single Family Homes Market
New listings that came on the market this month are 319. This proves a seller market with frustrated buyers on low inventory. Our new PENDING contracts are sitting at 295. Closed Sales for January is 151 homes. We sure love to keep track of our market stats and will be sharing these reports each month. The charts will show statistics for the current year, then compared to last year and the change when comparing each year. This is our Gainesville real estate market report for January 2019.
Gainesville Condominium Market
The chart below shows the stats for the Gainesville CONDOMINIUM Market. Closed condo sales are 41 for January. And 23 of those sales were cash buyers. There were 87 NEW LISTINGS. And in January there were 68 condos changed to PENDING. Our months supply of inventory is low at 1.9 months. Our Gainesville Real estate market is low on condo inventory for sale. Listings are selling faster, which is shown under medium time to sale or medium time to contract percentage. Median Sales Prices are steady.
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. 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.
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