The Long & Foster Market Minute

FOCUS ON: GAINESVILLE HOUSING MARKET AUGUST 2025

Zip Code(s): 20155 and 20156
Units Sold
39
Active Inventory
61
Median Sale Price
$740,000
Days On Market
14
Down -19%
Vs. Year Ago
Up 13%
Vs. Year Ago
Up 6%
Vs. Year Ago
Up 8%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in August, with 39 sold this month in Gainesville Real Estate versus 48 last month, a decrease of 19%. This month's total units sold was lower than at this time last year, a decrease of 19% versus August 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 7 units or 13%. The total number of active inventory this August was 61 compared to 54 in August 2024. This month's total of 61 is lower than the previous month's total supply of available inventory of 82, a decrease of 26%.

Median Sale Price
Last August, the median sale price for Gainesville Homes was $700,000. This August, the median sale price was $740,000, an increase of 6% or $40,000 compared to last year. The current median sold price is 4% lower than in July.

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


New Listings
38
Current Contracts
46
Sold Vs. List Price
100.1%
Months of Supply
1.6
Down -28%
Vs. Year Ago
Up 21%
Vs. Year Ago
Down -1%
Vs. Year Ago
Up 38%
Vs. Year Ago

Months of Supply
In August, there was 1.6 months of supply available in Gainesville, compared to 1.1 in August 2024. That is an increase of 39% 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 38 homes newly listed for sale in Gainesville compared to 53 in August 2024, a decrease of 28%. There were 46 current contracts pending sale this August compared to 38 a year ago. The number of current contracts is 21% higher than last August.

Sale Price to List Price Ratio
In August, the average sale price in Gainesville was 100.1% 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 14, higher than the average last year, which was 13, an increase of 8%.

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.