The Long & Foster Market Minute

FOCUS ON: GAINESVILLE HOUSING MARKET JUNE 2025

Zip Code(s): 20155 and 20156
Units Sold
58
Active Inventory
56
Median Sale Price
$832,770
Days On Market
14
Down -6%
Vs. Year Ago
Up 2%
Vs. Year Ago
Up 15%
Vs. Year Ago
Up 27%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 58 sold this month in Gainesville Real Estate versus 62 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 6% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 1 units or 2%. The total number of active inventory this June was 56 compared to 55 in June 2024. This month's total of 56 is lower than the previous month's total supply of available inventory of 66, a decrease of 15%.

Median Sale Price
Last June, the median sale price for Gainesville Homes was $725,278. This June, the median sale price was $832,770, an increase of 15% or $107,492 compared to last year. The current median sold price is 10% higher than in May.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
49
Current Contracts
46
Sold Vs. List Price
100.1%
Months of Supply
1.0
Down -20%
Vs. Year Ago
Down -21%
Vs. Year Ago
Down -1.1%
Vs. Year Ago
No Change
Vs. Year Ago

Months of Supply
In June, there was 1.0 months of supply available in Gainesville. The amount of supply is similar compared to a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

New Listings & Current Contracts
This month there were 49 homes newly listed for sale in Gainesville compared to 61 in June 2024, a decrease of 20%. There were 46 current contracts pending sale this June compared to 58 a year ago. The number of current contracts is 21% lower than last June.

Sale Price to List Price Ratio
In June, the average sale price in Gainesville was 100.1% of the average list price, which is 1.1% lower than at this time last year.

Days on Market
This month, the average number of days on market was 14, higher than the average last year, which was 11, an increase of 27%.

The Long & Foster Market Minute Gainesville are defined as properties listed in zip code/s 20155 and 20156.
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.