This section of Gainesville is in buyer-market mode. If you look at the below Market update you can see changes in the Active real estate market for zip code 32635.
There are 137 homes for sale in the area. Median asking prices have dropped from $188k in August to $166k now. During that time it has taken longer to sell homes but inventory has also come down, so the market has maintained it’s buyer/seller balance for the last few months.
This section of northwest Gainesville includes neighborhoods like: Blues Creek, Turkey Creek, Turkey Creek Forest, Northwood, and subdivisions along Millhopper Road like San Felasco Estates, Deer Run, and Windsor Glen.
Market Action Index (MAI) helps show how balanced a market is. A score of 30 is an even market – so this area is in a buyer’s market hovering on an MAI between 15 and 8.
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