We normally see a drop in the number of sales and a small increase in prices for January, which is true again this year (the average sale price for homes went up by about $5k). The good news is that the number of home sales increased by about 15% compared to Jan a year ago while the number of condo sales increased by 77% to 16 sales.
With high to very high absorption rates it is certainly a buyer’s market, and so most buyers expected to find amazing deals. Sometimes they were happily surprised, and sometimes they were faced with the reality that certain segments of the Alachua County Market were actually doing a brisk business.
Broadmoor is such a nice subdivision and it’s in a great location. It is a relaxed & established neighborhood with sidewalks, pool, and club house.
30 homes have sold in the last 6 months, and 82 more are for sale now. Take a peak at the details of these homes and get a feel for what the real estate market is doing in this area of Gainesville.
One builder-owned home is under contract. There were 11 sales for all of 2009.