Gainesville FL Condominium Market Report July 2018

This Gainesville FL condominium market report is compiled from our local MLS and Florida Realtors Research Department. This post is for the July 2018 market report and shows our actual MLS data. The new listings coming on the market are down this month with 76 units. The closed sales for July are reported at 117 units. Pending sales are down at 93 units. We are in our strong summer condo market!

This chart below shows the stats for May, June and July 2018. The last three months of data are displayed below of new active listings, new pending sales, and closed sales. This data is compiled from the Gainesville Multiple Listing Service & Florida Realtors® research and statistical reports. Each month we compile these posts, we plan to publish these monthly reports after the 23rd of each month. Bookmark the GainesvilleRealEstateTalk blog!

This next table compares July 2018 to July 2017. Condominium sales compared to last month are stable. There were 117 closed sales in July 2018 and 68 of those sales were cash transactions. This reflects an increase of 35% from last year.  It shows that more buyers are getting loans for condos in our area. The Average sales prices are off slightly from last year. Our median sales prices are off slightly. The medium time to contract shows 19 days. The full detailed report is available here in our library.

The Gainesville condominium real estate market continues to be good for buyers. The biggest obstacle for condominium sales is a buyer’s ability to obtain a mortgage.  Each condominium complex will be analyzed by the mortgage lender & underwriters for loan approval. Call me to find out which condo complexes will qualify for FHA Financing. Finding any lender on a Florida condo has been tough, so be prepared when shopping for a lender on your condo purchase. Ask your Realtor if a unit you are considering is a true condo or a PUD (Planned Unit Development). Lenders and their underwriters are scrutinizing the condo association’s budget and ownership ratios to determine if they will offer financing.Your lender will want to know if the condominium you are interested in is a “true condo” or a PUD (Planned Unit Development).

Condominiums could be a good real estate investment for the Gainesville market.

Search for Gainesville Condos for Sale!

Cash Buyers and Investors have excellent opportunities in the Gainesville market.

Are you ready to start looking for a Gainesville Condo?  Give us a Call!

Gainesville FL Condominium Market Report June 2018

This Gainesville FL condominium market report is compiled from our local MLS and Florida Realtors Research Department. I fully admit that we did not post the May reports. This post is for the June 2018 market report and shows our actual MLS data. The new listings coming on the market are down this month with 113 units. The closed sales for June are reported at 107 units. Pending sales jumped up again to 111 units. We are in our strong summer condo market!

This chart below shows the stats for April, May and June 2018. The last three months of data are displayed below of new active listings, new pending sales, and closed sales. This data is compiled from the Gainesville Multiple Listing Service & Florida Realtors® research and statistical reports. Each month we compile these posts, we plan to publish these monthly reports after the 23rd of each month. Bookmark the GainesvilleRealEstateTalk blog!

This next table compares June 2018 to June 2017. Condominium sales compared to last month are stable. There were 111 closed sales in June 2018 and 60 of those sales were cash transactions. It shows that more buyers are getting loans for condos in our area.  The Average sales are off slightly from last year. Our median sales prices are off slightly. The medium time to contract shows 26 days. The full detailed report is available here in our library.

The Gainesville condominium real estate market continues to be good for buyers. The biggest obstacle for condominium sales is a buyer’s ability to obtain a mortgage.  Each condominium complex will be analyzed by the mortgage lender & underwriters for loan approval. Call me to find out which condo complexes will qualify for FHA Financing. Finding any lender on a Florida condo has been tough, so be prepared when shopping for a lender on your condo purchase. Ask your Realtor if a unit you are considering is a true condo or a PUD (Planned Unit Development). Lenders and their underwriters are scrutinizing the condo association’s budget and ownership ratios to determine if they will offer financing.Your lender will want to know if the condominium you are interested in is a “true condo” or a PUD (Planned Unit Development).

Condominiums could be a good real estate investment for the Gainesville market.

Search for Gainesville Condos for Sale!

Cash Buyers and Investors have excellent opportunities in the Gainesville market.

Are you ready to start looking for a Gainesville Condo?  Give us a Call!

Gainesville FL Condominium Market Report April 2018

This Gainesville FL condominium market report is compiled from our local MLS and Florida Realtors Research Department. These stats for the April 2018 market report shows our actual MLS data. The new listings coming on the market are down this month with 98 units. The closed sales for April are reported at 88 units. Pending sales jumped up for April at 134 units. We are in our spring condo market!

This chart below shows the stats for February, March and April. The last three months of data are displayed below of new active listings, new pending sales, and closed sales. This data is compiled from the Gainesville Multiple Listing Service & Florida Realtors® research and statistical reports. Each month we compile these posts, we plan to publish these monthly reports after the 23rd of each month. Bookmark the GainesvilleRealEstateTalk blog!

This next table compares April 2018 to April 2017. Condominium sales compared to last month are stable. There were 88 closed sales in April 2018 and 48 of those sales were cash transactions. It shows that more buyers are getting loans for condos in our area.  The Average sales are UP 14% from last year. Our median sales prices have also gone up and this is good news for our Gainesville condo market. The medium time to contract shows 19 days. The full detailed report is available here in our library.

The Gainesville condominium real estate market continues to be good for buyers. The biggest obstacle for condominium sales is a buyer’s ability to obtain a mortgage.  Each condominium complex will be analyzed by the mortgage lender & underwriters for loan approval. Call me to find out which condo complexes will qualify for FHA Financing. Finding any lender on a Florida condo has been tough, so be prepared when shopping for a lender on your condo purchase. Ask your Realtor if a unit you are considering is a true condo or a PUD (Planned Unit Development). Lenders and their underwriters are scrutinizing the condo association’s budget and ownership ratios to determine if they will offer financing.Your lender will want to know if the condominium you are interested in is a “true condo” or a PUD (Planned Unit Development).

Condominiums could be a good real estate investment for the Gainesville market.

Search for Gainesville Condos for Sale!

Cash Buyers and Investors have excellent opportunities in the Gainesville market.

Are you ready to start looking for a Gainesville Condo?  Give us a Call!

Gainesville FL Condominium Market Report March 2018

This Gainesville FL condominium market report is compiled from our local MLS and Florida Realtors Research Department. The stats for March 2018 market report shows factual data March. The new listings coming on the market are up with 132 units. The closed sales for March are reported at 81 units. Pending sales are also up for March at 121 units. We’re swinging into the spring market!

This chart below shows the stats for January, February & March. The last three months of data are displayed below of new active listings, new pending sales, and closed sales. This data is compiled from the Gainesville Multiple Listing Service & Florida Realtors® research and statistical reports. Each month we compile these posts, we plan to publish these monthly reports after the 23rd of each month. Bookmark the GainesvilleRealEstateTalk blog!

This next table compares March 2018 to March 2017. Condominium sales compared to last month are stable. There were 81 closed sales in March 2018 and 39 of those sales were cash transactions. It shows that more buyers are getting loans for condos in our area.  The Average sales are UP 8% from last year. Our median sales prices have also gone up and this is good news for our Gainesville condo market. The medium time to contract shows 25 days. The full detailed report is available here in our library.

The Gainesville condominium real estate market continues to be good for buyers. The biggest obstacle for condominium sales is a buyer’s ability to obtain a mortgage.  Each condominium complex will be analyzed by the mortgage lender & underwriters for loan approval.  Call me to find out which condo complexes will qualify for FHA Financing. Finding any lender on a Florida condo has been tough, so be prepared when shopping for a lender on your condo purchase. Ask your Realtor if a unit you are considering is a true condo or a PUD (Planned Unit Development). Lenders and their underwriters are scrutinizing the condo association’s budget and ownership ratios to determine if they will offer financing.Your lender will want to know if the condominium you are interested in is a “true condo” or a PUD (Planned Unit Development).

Condominiums could be a good real estate investment for the Gainesville market.

Search for Gainesville Condos for Sale!

Cash Buyers and Investors have excellent opportunities in the Gainesville market.

Are you ready to start looking for a Gainesville Condo?  Give us a Call!

Gainesville FL Condominium Market Report Feb 2018

This Gainesville FL condominium market report is compiled from our local MLS and Florida Realtors Research Department. The stats for Feb 2018 market report shows factual data for the first month of the new year. The new listings coming on the market are up with 96 units. The closed sales for February are reported at 58 units. Pending sales are also up for Feb at 87 units.

This chart below shows the stats for December, January and February. The last three months of data are displayed below of new active listings, new pending sales, and closed sales. This data is compiled from the Gainesville Multiple Listing Service & Florida Realtors® research and statistical reports. Each month we compile these posts, we plan to publish these monthly reports after the 23rd of each month. Bookmark the GainesvilleRealEstateTalk blog!

This next table compares Feb 2018 to Feb 2017. Condominium sales compared to last month are stable. There were 58 closed sales in Feb 2018 and 32 of those sales were cash transactions. Available inventory is down 11% this month and this is an indicator that the available condos for sale less than we had last year. The Average sales has decreased by 6.9% from last year. The medium time to contract shows 49 days. The full detailed report is available here in our library.

The Gainesville condominium real estate market continues to be good for buyers. The biggest obstacle for condominium sales is a buyer’s ability to obtain a mortgage.  Each condominium complex will be analyzed by the mortgage lender & underwriters for loan approval.  Call me to find out which condo complexes will qualify for FHA Financing. Finding any lender on a Florida condo has been tough, so be prepared when shopping for a lender on your condo purchase. Ask your Realtor if a unit you are considering is a true condo or a PUD (Planned Unit Development). Lenders and their underwriters are scrutinizing the condo association’s budget and ownership ratios to determine if they will offer financing.Your lender will want to know if the condominium you are interested in is a “true condo” or a PUD (Planned Unit Development).

Condominiums could be a good real estate investment for the Gainesville market.

Search for Gainesville Condos for Sale!

Cash Buyers and Investors have excellent opportunities in the Gainesville market.

Are you ready to start looking for a Gainesville Condo?  Give us a Call!

Gainesville FL Condominium Market Report Jan 2018

This Gainesville FL condominium market report is compiled from our local MLS and Florida Realtors Research Department. The stats for Jan 2018 market report shows factual data for the first month of the new year. The new listings coming on the market are up now that the holiday season is over, at 91 units, which a 40% increase. The closed sales for January are reported at 53 units. Pending sales are currently 78 units.

This chart below shows the stats for November, December and January. The last three months of data are displayed below of new active listings, new pending sales, and closed sales. This data is compiled from the Gainesville Multiple Listing Service & Florida Realtors® research and statistical reports. Each month we compile these posts, we plan to publish these monthly reports after the 23rd of each month. Bookmark the GainesvilleRealEstateTalk blog!  I fully admit that I am late getting these stats posted to our blog.

This next table compares January 2018 to January 2017. Condominium sales compared to last month are stable. There were 53 closed sales in Jan 2018 and 35 of those sales were cash transactions. Available inventory is down 15% this month and this is an indicator that the available condos for sale less than we had last year. The Average sales has decreased by 1.9% from last year. The medium time to contract shows 57 days. The full detailed report is available here in our library.

The Gainesville condominium real estate market continues to be good for buyers. The biggest obstacle for condominium sales is a buyer’s ability to obtain a mortgage.  Each condominium complex will be analyzed by the mortgage lender & underwriters for loan approval.  Call me to find out which condo complexes will qualify for FHA Financing. Finding any lender on a Florida condo has been tough, so be prepared when shopping for a lender on your condo purchase. Ask your Realtor if a unit you are considering is a true condo or a PUD (Planned Unit Development). Lenders and their underwriters are scrutinizing the condo association’s budget and ownership ratios to determine if they will offer financing.Your lender will want to know if the condominium you are interested in is a “true condo” or a PUD (Planned Unit Development).

Condominiums could be a good real estate investment for the Gainesville market.

Search for Gainesville Condos for Sale!

Cash Buyers and Investors have excellent opportunities in the Gainesville market.

Are you ready to start looking for a Gainesville Condo?  Give us a Call!