$2,494 Closing Credit*
$210,000
1,134 SqFt
3 Beds
•2 Full Baths
Katherine Gallucci, Listing Office: LA ROSA REALTY, LLC
Is Southeast Gainesville, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Southeast Gainesville was a Seller's Market.
Key Takeaway
Southeast Gainesville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Southeast Gainesville, FL
How much do homes in Southeast Gainesville, FL cost?
Median Sold Price
$180,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$15,000(-7.7%)
Key Takeaway
Homes in Southeast Gainesville have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in Southeast Gainesville was $180,000 in November 2024, down 7.7% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117.5K | $135K | +14.9% |
| 3 Bedrooms | $199.6K | $185K | -7.3% |
| 4 Bedrooms | $225K | $229.5K | +2.0% |
| 5+ Bedrooms | - | $729.9K | N/A |
Summary: Southeast Gainesville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.9%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes did not change.
Housing Supply in Southeast Gainesville, FL
How many homes are available in Southeast Gainesville, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 36 | -14.3% |
Summary: The Southeast Gainesville real estate market had 36 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 8 | 4 | -50.0% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Southeast Gainesville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast Gainesville, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Southeast Gainesville in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Southeast Gainesville, FL
How long does it take to sell a home in Southeast Gainesville, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 40 Days | +20.1% |
Summary: Homes in Southeast Gainesville had an average of 40 days on market in Nov 2024, up by 20.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Southeast Gainesville has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Southeast Gainesville; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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