Contracts Low in Gainesville Real Estate Market

The Gainesville market seems to be approaching a bottom, as the number of contracts executed fell to 24, the lowest levels since last January. Meanwhile, sales came in at 30 homes sold over the last 30 days. In comparison, Centreville had 45 contracts executed in the same time frame, the most of all nearby cities. Prices are rising in Gainesville, and the median sales price this period increased from $395,000 to $426,500. With only two months of inventory to sell, Gainesville is a still definite seller's market, even after taking into consideration the falling contracts numbers.

Want a home with a large living space in Gainesville? Start your search with these listings that provide the most in the area:

$974K   $774K   $750K  

Get started right now by checking out Gainesville homes for sale or reviewing Gainesville real estate trends.

Demographic facts about Gainesville:

  • Over the past 10 years, the population has increased 228.9%.
  • The lifestyle rating here is 59. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 75.1% of all commuters, while carpools account for 13.8%, and public transit makes up 1.7%.

Data reported through 1/11/2017

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Fathom Realty
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