Latest Market Updates

Check out these OCTOBER stats!!

Closed sales are down 6%
Cash sales down 9%.

However, this is what is crazy average SALES price is up 11%.

Check this out. It is taken longer for a home to go pending and closed. This is up 177%%%. WOW!!!
This stresses the importance of pricing RIGHT from the beginning.

Pending sales are DOWN 31%

New listings is also DOWN 8% and ACTIVE inventory is UP 33% (Less homes coming on the market right now and more homes sitting due to being over priced to start out!!!). Note the sales price up 11% when priced right!!!!

ALSO note the inventory is up 2%. A balanced market is 4-6 months of inventory. We are still LOW but slowly creeping up.

What does all this mean! PRICE YOUR HOME RIGHT TO BEGIN WITH AND IT WILL SELL. YOU PRICE IT LIKE WE ARE BACK IN JANUARY THRU MARCH IT WILL SIT!!!!

Check out the latest stats!!

Latest stats for Alachua and Columbia county!!