25 Biggest Price Drops Last Week – July 25th

This is your update on the largest price changes last week of  homes for sale in Gainesville & Alachua County.

163 Alachua County & Gainesville real estate listings had price reductions in the MLS system last week, up from 143 the prior week.  (Changes for 7/18/09 – 7/25/09)

Biggest Drops

Home for Sale

The biggest drop this week is a tie – between two homes that dropped their asking prices by $200,000.

MLS 306351 comes in at first place because their reduction represents a 27% drop in asking price – this is a 10 acre equestrian property with a 10 stall barn and a 3,400 sqft home built in 2002 now asking $738,000.

MLS 301796 was reduced by 12%.  It is a 113 acre estate with 2 homes and a 10,000 square foot barn.  The owners are now asking $1,650,000 for the property.

Overview

Here is an overview of the properties:

MLS # Street Address City Sqft Price Reduction
306351 25108 NW 68th LN High Springs 3,393 $ 738,000 $ (200,000)
301796 10952 150 ST Mcalpin 6,000 $ 1,650,000 $ (200,000)
300348 3303 SW 92 ST Gainesville 4,840 $ 850,000 $ (99,900)
285933 5811 CR 352 RD Keystone Hghts 864 $ 139,000 $ (94,500)
304597 15728 128th PL Live Oak 2,750 $ 794,900 $ (80,100)
305298 6515 NW 50th LN Gainesville 5,749 $ 899,000 $ (70,000)
305305 2600 SE 48th AVE Trenton 2,789 $ 225,000 $ (63,750)
301393 501 SW 75 ST Gainesville 1,638 $ 89,900 $ (50,000)
300946 24962 NW 160th AVE High Springs 2,016 $ 210,000 $ (50,000)
291144 8640 SE SR 26 RD Newberry 3,100 $ 399,900 $ (50,000)
304897 6858 Bedford Lake RD Keystone Hghts 862 $ 95,000 $ (49,000)
302382 19115 NW 156th AVE Alachua 3,700 $ 599,000 $ (40,000)
305576 3063 SW 98 DR Gainesville 2,274 $ 299,900 $ (39,100)
297217 251 SE 31st WAY Melrose 3,132 $ 499,900 $ (39,100)
304710 10324 SW 101st ST Gainesville 1,842 $ 190,000 $ (30,000)
284017 590 N SR-21 RD Melrose 1,620 $ 295,000 $ (30,000)
298280 850 NE 165 ST Trenton 1,926 $ 150,000 $ (30,000)
303405 11916 NW 197th TERR Alachua 1,624 $ 150,000 $ (29,500)
305668 233 SE Kiwi WAY Lake City 1,440 $ 118,000 $ (29,500)
305491 2778 SW 92 DR Gainesville 2,723 $ 429,900 $ (29,100)
305557 11611 NW 8 LN Gainesville 1,820 $ 175,000 $ (25,000)
304538 1257 SW 9th RD Gainesville 1,326 $ 225,000 $ (25,000)
302312 5505 NW 91st BLVD Gainesville 2,735 $ 339,900 $ (25,000)
305656 4730 NW 25 DR Gainesville 2,063 $ 199,900 $ (24,600)
304320 111 Kirby TRL Melrose 3,143 $ 375,000 $ (24,000)

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