$1,627 Closing Credit*
$137,000
853 SqFt
2 Beds
•1 Full Bath
Kyle Hoppenworth, Listing Office: WATSON REALTY CORP- TIOGA
Is Southwest 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, Southwest Gainesville was a Seller's Market.
Key Takeaway
Southwest Gainesville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Southwest Gainesville, FL
How much do homes in Southwest Gainesville, FL cost?
Median Sold Price
$355,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,255(+8.6%)
Key Takeaway
Homes in Southwest Gainesville have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Southwest Gainesville was $355,000 in November 2024, up 8.6% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $111K | -14.6% |
| 2 Bedrooms | $175K | $170K | -2.9% |
| 3 Bedrooms | $368.2K | $370K | 0.5% |
| 4 Bedrooms | $450K | $465.8K | +3.5% |
| 5+ Bedrooms | $652.5K | $688.3K | +5.5% |
Summary: Southwest Gainesville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 5.5%.
Housing Supply in Southwest Gainesville, FL
How many homes are available in Southwest Gainesville, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 495 | 477 | -3.6% |
Summary: The Southwest Gainesville real estate market had 477 homes for sale in November 2024, a 3.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 26 | 25 | -3.8% |
| 2 Bedrooms | 139 | 140 | +0.7% |
| 3 Bedrooms | 152 | 142 | -6.6% |
| 4 Bedrooms | 149 | 138 | -7.4% |
| 5+ Bedrooms | 29 | 32 | +10.3% |
Summary: The Southwest Gainesville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 62 | +6.9% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southwest Gainesville, you may be able to get a good deal. 67.7% of homes here sold below asking price last month.
Summary: A total of 62 homes were sold or pending in Southwest Gainesville in November 2024, up by 6.9% month-over-month. Of the 62 sold homes, 68% were sold under asking, 21% were sold at asking, and 11% were sold over asking.
Days on Market for Southwest Gainesville, FL
How long does it take to sell a home in Southwest Gainesville, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 76 Days | +75.7% |
Summary: Homes in Southwest Gainesville had an average of 76 days on market in Nov 2024, up by 75.7% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southwest Gainesville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 62 homes were sold in Southwest Gainesville; 40% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.