There were 196 price changes recorded in the MLS system in the last 7 days, over twice as many as the previous week. I wonder if the higher interest rates are starting to slow things down a bit?
Link to Biggest Price Drops last week
Link to Biggest Price Drops last week
Biggest Drops
The 25 properties with the largest price reductions last week were mainly homes in neighborhoods on about 1/3 acre. There were a few in the mix on much larger parcels.
The largest price reduction was $94,000 for a home in Cinnamon Hills Estates in High Springs. The picture to the right is a link to all the price changes for the week, and it is a photo of the biggest drop.
Our MLS system won’t keep those link alive forever, so here is an overview of the properties:
| MLS # | Street Address | City |
Home Size
|
Price
|
Reduction
|
|
| 302962 | 25426 NW 166th AVE | HIGH SPRINGS |
4,378
|
$ 605,000
|
$ (94,000)
|
|
| 294006 | 14486 NW 268th ST | HIGH SPRINGS |
2,492
|
$ 119,900
|
$ (65,000)
|
|
| 302320 | 1513 NW 8th AVE | GAINESVILLE |
2,066
|
$ 299,000
|
$ (46,000)
|
|
| 300205 | 3643 SW 74th DR | GAINESVILLE |
1,937
|
$ 299,000
|
$ (42,440)
|
|
| 303895 | 530 NE 5th AVE | HIGH SPRINGS |
4,241
|
$ 323,910
|
$ (35,990)
|
|
| 286316 | 3762 SW 74th DR | GAINESVILLE |
1,900
|
$ 299,000
|
$ (34,357)
|
|
| 300010 | 2932 NW 25 TERR | GAINESVILLE |
2,090
|
$ 209,900
|
$ (30,000)
|
|
| 302372 | 8565 SW 76 PL | GAINESVILLE |
2,272
|
$ 249,900
|
$ (30,000)
|
|
| 302428 | 3502 SW 77 ST | GAINESVILLE |
3,397
|
$ 540,000
|
$ (30,000)
|
|
| 303040 | 4732 SW 88th DR | GAINESVILLE |
2,693
|
$ 350,000
|
$ (30,000)
|
|
| 303426 | 3 NW 24th ST | GAINESVILLE |
2,464
|
$ 259,000
|
$ (30,000)
|
|
| 302583 | 3068 SW 91st TERR | GAINESVILLE |
3,441
|
$ 569,000
|
$ (26,000)
|
|
| 303622 | 5603 NW 57 WAY | GAINESVILLE |
2,266
|
$ 275,000
|
$ (24,900)
|
|
| 305008 | 6120 NW 27 ST | GAINESVILLE |
1,420
|
$ 165,000
|
$ (24,900)
|
|
| 305022 | 4921 NW 1st PL | GAINESVILLE |
941
|
$ 159,000
|
$ (24,900)
|
|
| 296625 | 2362 SW 42nd way | GAINESVILLE |
1,154
|
$ 135,500
|
$ (24,400)
|
|
| 303791 | 11572 NW 18th Place | GAINESVILLE |
2,118
|
$ 215,000
|
$ (23,000)
|
|
| 299852 | 3737 SW 74th DR | GAINESVILLE |
1,700
|
$ 279,000
|
$ (20,977)
|
|
| 296074 | 104 NE 4th ST | GAINESVILLE |
1,194
|
$ 189,000
|
$ (20,900)
|
|
| 296874 | 1611 NW 19th CR | GAINESVILLE |
2,279
|
$ 199,000
|
$ (20,900)
|
|
| 301065 | 14641 NW 25th RD | NEWBERRY |
1,814
|
$ 219,000
|
$ (20,900)
|
|
| 297672 | 3481 SW 73rd WAY | GAINESVILLE |
2,083
|
$ 325,000
|
$ (20,472)
|
|
| 266946 | 1185 SW 9th RD | GAINESVILLE |
1,080
|
$ 239,900
|
$ (20,000)
|
|
| 288906 | 2310 SE 15 ST | GAINESVILLE |
1,396
|
$ 109,900
|
$ (20,000)
|
|
| 296729 | 538 NW 50th BLVD | GAINESVILLE |
941
|
$ 129,900
|
$ (20,000)
|