If we take new homes out of the mix we are looking at an average of $104/sqft in 2011 and and slight increase to $105/sqft in 2012. It’s hard for older homes to complete with the shiny new homes that the builder offers, and that’s reflected in the lower prices – these homes sold for about $30,000 less last year.
The Buckingham real estate market is healthy. There were 5 buyers in the last year in Buckingham, and there are only 3 homes on the market right now. Gainesville FL Real Estate Home Sold Report
Homeowners on the market in Capri are asking more than buyers are paying in the subdivision. There is a year’s worth of inventory in Capri, NW Gainesville
There is a balanced market in Longleaf – there are about as many buyers as there are sellers. That’s good news for homeowners, and a sign that the market here is recovering.