25 Biggest Price Drops Last Week – June 20th

There were 145 price reductions recorded in the MLS system in the last 7 days, a small slow down compared to the previous week.

Biggest Drops

Wyndsong Manor - $80,000 reduction.  Click for details on the 25 largest reductions last week.

Wyndsong Manor - $80,000 reduction. Click for details on the 25 largest reductions last week.

The 25 properties with the largest price reductions last week are listed below. Click on the picture to the right to pull up details and photos for these homes.

The largest price reduction was $80,000 for a home in Wyndsong Manor, a large 5 bedroom 5 bath pool home just outside of Jonesville.

Under $200,000

5 of the properties are priced below $200,000, 3 of them are short sales.  They have a median reduction of $25,000, size of about 1,500 sqft built 1984 with 3 bedrooms and two baths.

Under $400,000

There are 7 homes priced between $200,000 and $400,000.  Half are in Gainesville on “regular” sized lots, and half are outside the city on larger lots – one upto 18 acres.  They have a median price reduction of $21,000, size of about 2,400 sqft, were built in 2005, and have 4 bedrooms with 2 baths.

Under $600,000

There are 7 homes priced between $400,000 and $600,000.  These homes are also split between Gainesville and the surrounding areas, outlaying homes having more land – upto 29 acres for MLS 301789.  They have a median reduction of $40,000, size of about 3,400 sqft, were built in 1991, and have 4 bedrooms with 3 baths.

Over $600,000

5 homes on our list this week are asking over $600,000. All but one is in the City of Gainesville but they all have larger lots – two have half-acre lots, and the other three range from 4 to 6 acre parcels. Their median price reduction was $65,000, sized about 3,700 sqft, built in 2004, and have 4 bedrooms with 4 baths.

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Overview

Our MLS system won’t keep the link above alive forever, so here is an overview of the properties:

MLS #
Street Address
City
Home Size
Price
Reduction
302002
15648 NW 6th RD
Newberry
4515
$749,000 $(80,000)
301314
11626 NW 2 AVE
Gainesville
4916
$990,000 $(75,000)
300278
3547 SW 103 ST
Gainesville
3542
$799,500 $(65,500)
301789
22602 NW 91st ST
Alachua
2544
$500,000 $(50,000)
303674
16416 SW 59th AVE
Archer
2364
$448,900 $(50,000)
303170
299 SE Tuscawilla RD
Micanopy
2533
$409,900 $(50,000)
303395
11326 SW 21st LN
Gainesville
3440
$585,000 $(40,000)
301217
2606 NW 138th TERR
Gainesville
3683
$669,937 $(30,000)
301437
2147 NW 144 ST
Newberry
1476
$189,900 $(30,000)
301481
13200 W Newberry RD
Newberry
888
$90,000 $(29,999)
301642
3717 SW 97 WAY
Gainesville
2851
$399,897 $(29,000)
296204
13710 NW 56th AVE
Gainesville
5630
$420,000 $(29,000)
299290
14949 NW 148th WAY
Alachua
2456
$299,900 $(25,000)
303249
3935 SW 95th TERR
Gainesville
3706
$549,900 $(25,000)
304166
4515 NW 108th ST
Gainesville
2092
$175,000 $(25,000)
304660
1112 SE 7th AVE
Gainesville
884
$74,000 $(25,000)
297943
4999 SE CR 337 HWY
Newberry
2192
$295,900 $(24,000)
302254
613 NW 134th WAY
Newberry
2400
$379,000 $(20,900)
301137
21020 NW CR 2054 RD
Alachua
1802
$144,900 $(20,100)
297129
1501 NW 31st ST
Gainesville
2354
$274,900 $(20,100)
304891
8323 SW 103 AVE
Gainesville
3532
$759,900 $(20,100)
302067
4000 SW 78 ST
Gainesville
3900
$574,900 $(20,100)
301907
16629 NW 57th WAY
Gainesville
2400
$239,900 $(20,000)
305360
4470 NW Vienna Woods Way
Gainesville
1562
$139,900 $(18,000)
304231
2125 NW 7th LN
Gainesville
2164
$336,500 $(18,000)

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