Here is the January 2012 Market Report that shows?(3) Month Statistics?on the?Gainesville Florida Condominium?&?Townhouse?Market. ? These charts reflect November 2011, December 2011, and January 2012. ?This data is compiled from the?Gainesville Multiple Listing Service.
This first chart below?shows the total number of?active listings?in the MLS and how that compares to the number of?pending sales, and the?closed sales?for each month. ? You will see that our inventory continues to fall, which is a way of showing the Gainesville FL real estate market in improving.
This chart shows the?average days on the market?for the Gainesville Condominium market and that numbers relationship to?Closed Sales?and?Pending Sales.
The Gainesville condominium market?is good for buyers, the prices are down, and the inventory of active units is high. ?The biggest obstacle for condominium sales is a buyer?s ability to?obtain a mortgage. ?Each condominium complex will be analyzed by the mortgage lender & underwriters for loan approval. ?Cash Buyers and Investors have excellent opportunities?in the Gainesville market.
Click Here for November 2011 Condo Report
Click Here for December 2011 Condo Report
If you are interested in?buying a townhome or condominium in Gainesville, please call me! ?I?d love to help you.
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