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Gainesville, VA Real Estate Market Update- homes for sale April 2016

By
Real Estate Agent with Century 21 New Millennium

Gainesville  Monthly Real Estate Market Update- homes for sale April 2016

 

 

Gainesville, VA

 

Detached Homes:

Listing Inventory- As of January 1st  there are 118 Active single family homes for sale in Gainesville ranging in price from $310,000 to $9,500,000 (average list price is $744,318). Here is the breakdown:

  • 105  Resales,
  • 8 New Construction Homes by Toll Brothers,
  • 4 Short Sales,
  • 1 Foreclosures/Bank Owned,

 

Pending Sales- Within the past 30 days 59 properties went under contract which means that we currently have a 2 month home supply.

Sales- 32 properties settled last month

Average Sales Price- The average sales price was $494,748

Days on Market (DOM) – Average Days On Market for sold homes was 61

 

Town Homes/Attached Homes:

Listing Inventory- As of January 1st , there are 31 Active Town Homes/Attached Homes for sale in Gainesville Ranging in Price from $215,000 to 604,0010 (average list price is $358,150) Here is the breakdown:

  • 21 Resales
  • 9 New Construction Homes by Toll Brothers,
  • 1 Short Sales,
  • 0 Foreclosures/Bank Owned,

 

Pending Sales- Within the past 30 days 24 properties went under contract which means that we currently have less than a 2 month home supply

Sales- 16 property settled last month

Average Sales Price- 306,617

Days on Market (DOM) – 59

 

Are you thinking of making a lifestyle change and relocating to Gainesville VA? Come and join the many people who have relocated to this stunning part of Northern Virginia. Gainesville has such great real estate to offer for all types of buyers including those wanting an active lifestyle thanks to its great outdoor activities like golf. Whether you are a buyer looking at New Construction or a seller looking for help in listing your home for sale and are wondering what your home is worth, Artie & Paulina of The Stowell Group are your real estate agents who can offer you professional real estate advice in Gainesville , VA. Contact them today! Remember you can call them on: 571.435.2884