Gainesville Housing Market Data

There was a decrease in total units sold in September, with 78 sold this month in Gainesville Real Estate versus 87 last month, a decrease of 10%. This month's total units sold was higher than at this time last year, an increase of 24% versus September 2020.

Versus last year, the total number of homes available this month is higher by 10 units or 30%. The total number of active inventory this September was 43 compared to 33 in September 2020. This month's total of 43 is lower than the previous month's total supply of available inventory of 45, a decrease of 4%.

Last September, the median sale price for Gainesville Homes was $515,000. This September, the median sale price was $536,250, an increase of 4% or $21,250 compared to last year. The current median sold price is 5% lower than in August.

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

In September, there was 0.6 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.

This month there were 86 homes newly listed for sale in Gainesville compared to 84 in September 2020, an increase of 2%. There were 74 current contracts pending sale this September compared to 82 a year ago. The number of current contracts is 10% lower than last September.

In September, the average sale price in Gainesville was 101.1% of the average list price, which is 0.5% 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 15, a decrease of 27%.





Focus On: Gainesville Housing Market			September 2021

Zip Code(s): 20155 and 20156
Units Sold 78	Active Inventory 43	Median Sale Price $536,250	Days On Market 11

Up 24% Vs. Year Ago	Up 30% Vs. Year Ago	Up 4% Vs. Year Ago	Down -27% Vs. Year Ago


		Units Sold There was a decrease in total units sold in September, with 78 sold this month in Gainesville Real Estate versus 87 last month, a decrease of 10%. This month's total units sold was higher than at this time last year, an increase of 24% versus September 2020.
Active Inventory Versus last year, the total number of homes available this month is higher by 10 units or 30%. The total number of active inventory this September was 43 compared to 33 in September 2020. This month's total of 43 is lower than the previous month's total supply of available inventory of 45, a decrease of 4%.
		Median Sale Price Last September, the median sale price for Gainesville Homes was $515,000. This September, the median sale price was $536,250, an increase of 4% or $21,250 compared to last year. The current median sold price is 5% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 86	Current Contracts 74	Sold Vs. List Price 101.1%	Months of Supply 0.6

Up 2% Vs. Year Ago	Down -10% Vs. Year Ago	Down -0.5% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In September, there was 0.6 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 86 homes newly listed for sale in Gainesville compared to 84 in September 2020, an increase of 2%. There were 74 current contracts pending sale this September compared to 82 a year ago. The number of current contracts is 10% lower than last September.
		Sale Price to List Price Ratio In September, the average sale price in Gainesville was 101.1% of the average list price, which is 0.5% 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 15, a decrease of 27%.


	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.