You are reading the July 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: Property Sales in July
With indications that prices are stabilizing in Alachua County more and more property owners are putting their homes on the market. This influx of homes and land for sale has outpaced the absorption by buyers and brought up the inventory levels again.
In Alachua County residential real estate: The average price this year is up compared to last year ($193,559 vs. $191,573), and July’s average is also up compared to July 2009 ($197,076 vs. $189,698). However the number of days a home is on the market continues to rise, and the list to sell ratios are not improving – both are signs that it will probably be a while before we see any large gains.
In the meantime buyers have an overwhelming amount of inventory to sift through when looking for a home. When they find a home to purchase it is usually both larger and/or newer than what they were able to afford a year ago.
The full report has stats on active, pending, and sold real estate for July and the year to date, as well as information on price trends, days on the market, and inventory supplies by price bracket.
Click Here to download the Gainesville & Alachua County Real Estate Report for July 2010. (Adobe PDF file)
How to Read It
Click Here to download the July 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 July of 2010, 2009, and 2008.
- At the top right of most pages you will find the details for the entire year to day for 2010, 2009, and 2008.
- Pages that are not set up that way each have specific information comparing activity in July to previous July, 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.
Do you want us to help you?
If you want to know how this affects you we can help.
We can do the looking for you, and check out the details of the homes you are interested in. Contact us and let us know how we can help you.