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162 price changes showed up in the MLS system in the last week, up a little from the prior week.

Biggest Drops

6308sw84thterrace_frontsmThe 25 properties with the largest price reductions last week are listed below.

The largest price reduction was $95,095 for a home in Fletchers Magnolia Court, a mid-size 3/2 built in 1996 located off Newberry Road in Gainesville.  The house is a short-sale and there is an option contract on the house already.  If you are interested in it the contract holder requires a 3% “handling fee” to sign the contract over to a new buyer.

Several condos made the list this week.  It looks like sellers are getting worried that most students have secured their housing for the fall by now.

Price Changes – First Half of pdf File

Price Changes  – Second Half of pdf File

Price Changes – Condos pdf File

Under $200,000

10 of the properties are priced below $200,000, 1 of them is a short sale.  They have a median asking price of $191,000 and were reduced by $24,500, size of about 1,500 sqft built 1999 with 3 bedrooms and two 1/2 baths.  8 are in Gainesville, 1 in Newberry, and 1 in Alachua.

MLS 304575 is in NW Gainesville and is owned by the bank.  I am going to check it out this week, it could be a good deal.

Under $400,000

There are 11 homes priced between $200,000 and $400,000.  Half are in Gainesville, most are on “regular” sized lots.  They have a median asking price of $325,000 and price reduction of $26,000, size of about 2,600 sqft, were built in 2001, and have 4 bedrooms with 3 baths.

Here is a link to a video I took last month of MLS 303040.  I did the video of this home in Haile Plantation The Preserve for an out of town customer.

Under $600,000

There are 2 homes priced between $400,000 and $600,000.  They are both in Granite Parke off SW 8th Ave.  They have a median asking price of $517,000 and price reduction $35,000, size of about 3,600 sqft, were built in 2004, and have 4.5 bedrooms with 3.5 baths.

Over $600,000

2 homes on our list this week are asking over $600,000. One is in Gainesville (in Haile Plantation) and one is in Alachua (actually 2 homes on 15 acres being sold together). Their median asking price is $645,000 and price reduction $40,000, sized about 3,800 sqft, built in 2005, and have 5 bedrooms with 4 baths.

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Overview

Our MLS system won’t keep the link above alive forever, so here is an overview of the properties:

MLS #
Street Address
City
Home Size
Price
Reduction
305557
11611 NW 8 LN Gainesville
1820
$  200,000.00 $  (95,095.00)
305554
4000 SW 23 ST Gainesville
1177
$  119,900.00 $  (75,100.00)
274925
13200 W Newberry Rd Gainesville
1465
$  120,000.00 $  (67,000.00)
301587
6909 NW 107th LN Alachua
3034
$  339,900.00 $  (55,000.00)
305072
3414 SW 92nd ST Gainesville
3963
$  649,900.00 $  (49,100.00)
303792
12182 SW SR 45 RD Archer
3000
$  253,900.00 $  (42,000.00)
300366
1208 SW 104th ST Gainesville
3316
$  489,000.00 $  (40,900.00)
282765
7887 SW 84th WAY Gainesville
1878
$  259,900.00 $  (40,000.00)
304575
4619 NW 40TH ST Gainesville
1534
$  149,900.00 $  (35,100.00)
301377
13576 NW 8TH RD Newberry
2752
$  399,500.00 $  (34,500.00)
302382
19115 NW 156th Alachua
3700
$  639,000.00 $  (30,000.00)
301792
7203 NW 121st AVE Alachua
1894
$  250,000.00 $  (29,000.00)
302553
10505 SW 15th LN Gainesville
3933
$  545,000.00 $  (29,000.00)
303539
913 SW 85 WAY Gainesville
1944
$  309,700.00 $  (26,000.00)
303040
4732 SW 88th DR Gainesville
2693
$  325,000.00 $  (25,000.00)
275938
11004 NW 61 TERR Alachua
1616
$  195,000.00 $  (24,900.00)
304549
4511 NW 36th ST Gainesville
2155
$  199,900.00 $  (24,100.00)
300033
4613 SW 44th LN Gainesville
1006
$  102,900.00 $  (22,100.00)
301605
938 NW 254th DR Newberry
1707
$  174,999.00 $  (20,901.00)
300034
3950 SW 20th #1202 AVE Gainesville
1176
$    99,900.00 $  (20,100.00)
300035
3920 SW 20th #1310 AVE Gainesville
1176
$    99,900.00 $  (20,100.00)
297190
14941 NW 149th PL Alachua
2579
$  365,000.00 $  (20,000.00)
302087
3325 SW 62nd LN Gainesville
3662
$  329,000.00 $  (20,000.00)
304254
4491 SW 101 DR Gainesville
2434
$  349,000.00 $  (20,000.00)
305692
6817 SW 84th ST Gainesville
1546
$  219,000.00 $  (20,000.00)