How are Gainesville home sales?
Here’s a look at Gainesville homes sold through September 2013.
Number of Gainesville Homes Sold
We sold 36% more Gainesville homes through September 2013 when compared to 2012.
Average Sale Price
Gainesville homes sold through September 2013 sold for 4.7% more than they did in 2012.
Average Days on Market
Gainesville homes sold through September 2013 took 18.3% less time to sell than they did in 2012.
Gainesville Homes Sold – Short Sales and Foreclosures
Gainesville short sales and foreclosures made up 25% of all homes sold through September 2013, vs. 26% of all homes sold through September 2012.
Conclusion
More Gainesville homes sold for more money and in less time than they did last year.
However even though home sales prices are up slightly, they will not rise quickly as long as we have such a significant number of short sales and foreclosures moving through our marketplace.
