Gainesville Florida Real Estate Market Report for Single Family Homes Sold in December 2015.
Here you will find the recent three-month statistics for Gainesville Florida single family homes real estate market in the 4th quarter (Oct. Nov & Dec).
The chart below shows Gainesville’s NEW LISTINGS, PENDING SALES, and the CLOSED SALES for the last 3 Months. New Listings are down with 185 for December. Our PENDING contracts are stable for the current fall market. Closed Sales are up with 255 closing for a strong number for December.
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 December 2015 compared to December 2014. Closed sales show an increase for this month last year. Yet our months supply of inventory has declined 20%. Pending sales are down 9%. The average sales price is UP 10% and these are very good numbers!
This chart above provides a detailed breakdown of the Gainesville FL Real Estate Market for the December 2015. Our “Months Supply of Inventory” is down by 19.6%, so our inventory is shrinking. This is a nice market indicator for our Gainesville real estate market trend. Predictions indicate that we will have buyers facing multiple offer competition on some listings this season.
You can view the FULL Monthly Market Detail HERE.
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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 is Going to be Great in 2016!
**Originally Posted at GainesvilleRealEstateTalk