You are reading the March 2010 Real Estate Report for Alachua County & Gainesville. We take a look at activity and the strength of the real estate market each month and share what we see with you. The report comes from information that local REALTORS® update in the local multiple listing service and won’t include every single transaction in the County.
Overview: March Real Estate Market
Spring is here, just look out your window and see all the flowers and new growth. This is the time of year when people start looking for a home, and so many property owners put their homes up for sale in the spring.
Click Here to download the March 2010 Real Estate Report for Gainesville & Alachua County.
In March there were double the number of sales as in Jan or Feb, and a 14% increase over March 2009!
Homes that sold tend to average a little larger in March but also a little older. The average sale price in March shifted up by $13,000! Together that tells me that buyers are paying for the extra space at market rates – they aren’t getting larger homes for a bargain, but they are also starting to spend a little more to buy the larger homes that are out there.
This is still a buyers market, with a lot of inventory out there to choose from. Most homes sit on the market for 6 months before they sell – but if a home is well cared for, has a good floor plan, and is priced right, it can sell quickly.
The trick for buyers is to understand the dynamics in the different market segments to know where the best deals are to be had.
The secret for sellers right now is to understand how these trends are affecting their area and to price their homes accordingly.
The full report has stats on active, pending, and sold real estate for March and the year to date, as well as information on price trends, days on the market, and inventory supplies by price bracket.
How to Read It
Click Here to download the March 2010 Real Estate Report for Gainesville & Alachua County. (Adobe PDF file)
- The header of each page tells you what information is being reported on that page.
- At the top left of most pages you will find details for March of 2010, 2009, and 2008.
- At the top right of most pages you will find the details for the entire years of 2010, 2009, and 2008.
- Pages that are not set up that way each have specific information comparing activity in March to previous March, or graphs comparing the 2010 market activity going back up to five years.
Interested in Past Reports?
Based on information from the Gainesville-Alachua County Association of REALTORS or its Multiple Listing Service. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market.
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