Condo Market in Bellamy Forge is Stable

Good news for homeowners of Bellamy Forge!

It’s a balanced market, leaning toward a seller’s market, in your neighborhood.

There were 8 closed sales in the last year, and 3 properties on the market today.

More good news, there are only two distressed sales in this list. Most of these are traditional owner-to-buyer offerings, only two are foreclosures. This means your home values aren’t being affected much by foreclosures and short sales, which are normally offered at reduced prices.

 

Absorption Rate


.7

units / month

Months of Inventory


4.5

months

Prices


$67

per square foot

(info is based on sales in the last 12 months, and current active listings, as shown in the Gainesville MLS)

 

About Kathleen Seide

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