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25 Biggest Price Drops since July 1st

The properties for sale on our list this week are larger than usual, averaging 2,855 square feet with 4 bedrooms and 3 baths. 9 of them are short sales. Most of them have a Gainesville address, but a few of the homes are in Alachua, High Springs, Micanopy, Melrose, and Newberry.

Answering The BIG QUESTION: Have Sales Declined Since May 1st?

Good News! From looking at the contracts being reported for May it looks like the market is remaining stable. While there are fewer sales going into contract each day it looks like the average sales price is almost $100,000 higher in May than in April. Our hopes that the tax incentives would free up money for people who already owned property seem to be happening.