GAINESVILLE HOUSING MARKET DATA

There was an increase in total units sold in April, with 50 sold this month in Gainesville Real Estate. This month's total units sold was higher than at this time last year.

Versus last year, the total number of homes available this month is lower by 2 units or 4%. The total number of active inventory this April was 51 compared to 53 in April 2024. This month's total of 51 is higher than the previous month's total supply of available inventory of 50, an increase of 2%.

Last April, the median sale price for Gainesville Homes was $725,000. This April, the median sale price was $717,000, a decrease of 1% or $8,000 compared to last year. The current median sold price is 19% higher than in March.

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

In April, there was 1.0 months of supply available in Gainesville, compared to 1.2 in April 2024. That is a decrease of 13% versus 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.

This month there were 58 homes newly listed for sale in Gainesville compared to 62 in April 2024, a decrease of 6%. There were 54 current contracts pending sale this April compared to 46 a year ago. The number of current contracts is 17% higher than last April.

In April, the average sale price in Gainesville was 101.5% of the average list price, which is 1.0% lower than at this time last year.

This month, the average number of days on market was 11, lower than the average last year, which was 12, a decrease of 8%.





FOCUS ON: GAINESVILLE HOUSING MARKET			APRIL 2025

Zip Code(s): 20155 and 20156
Units Sold 50	Active Inventory 51	Median Sale Price $717,000	Days On Market 11

Up 11% Vs. Year Ago	Down -4% Vs. Year Ago	Down -1% Vs. Year Ago	Down -8% Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 50 sold this month in Gainesville Real Estate. This month's total units sold was higher than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is lower by 2 units or 4%. The total number of active inventory this April was 51 compared to 53 in April 2024. This month's total of 51 is higher than the previous month's total supply of available inventory of 50, an increase of 2%.
		Median Sale Price Last April, the median sale price for Gainesville Homes was $725,000. This April, the median sale price was $717,000, a decrease of 1% or $8,000 compared to last year. The current median sold price is 19% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 58	Current Contracts 54	Sold Vs. List Price 101.5%	Months of Supply 1.0

Down -6% Vs. Year Ago	Up 17% Vs. Year Ago	Down -1% Vs. Year Ago	Down -14% Vs. Year Ago


		Months of Supply In April, there was 1.0 months of supply available in Gainesville, compared to 1.2 in April 2024. That is a decrease of 13% versus 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 58 homes newly listed for sale in Gainesville compared to 62 in April 2024, a decrease of 6%. There were 54 current contracts pending sale this April compared to 46 a year ago. The number of current contracts is 17% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Gainesville was 101.5% of the average list price, which is 1.0% lower than at this time last year. Days on Market This month, the average number of days on market was 11, lower than the average last year, which was 12, a decrease of 8%.


	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.
	Information 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.