Broadmoar Market Statistics
Broadmoor is such a nice subdivision and it’s in a great location. It is a relaxed & established neighborhood with sidewalks, pool, and club house.
Broadmoor is such a nice subdivision and it’s in a great location. It is a relaxed & established neighborhood with sidewalks, pool, and club house.
30 homes have sold in the last 6 months, and 82 more are for sale now. Take a peak at the details of these homes and get a feel for what the real estate market is doing in this area of Gainesville.
One builder-owned home is under contract. There were 11 sales for all of 2009.
The market is stabilizing. The average price per square foot of the homes sold in June 2009 was $120 and now it is $123. This area is in demand and that has caused a slight increase in prices for the second half of the year.
Turnberry Lake just west of Gainesville Florida is one of the luxury subdivisions that have seen the brunt of the slowing real estate market. The last sale closed at $134/sqft.
Because buyers are focusing on southwest Gainesville there have been fewer sales in Blues Creek and demand is lower than normal. As a result prices in Blues Creek are restrained. This provides an excellent opportunity for buyers to take advantage of the market.