Gainesville Home Sales Improve

According to a report from Florida Realtors, there were 243 pending home sales (homes under contract that haven’t closed) in Gainesville in February—that’s 77 percent more than last year, when there were only 137 pending home sales.

The inventory of listings on the market was down to 1,733, or 24.7 percent, from 2,303 last year. The numbers demonstrate a shift in the local real estate market from a buyers’ market to a sellers’ market because there are fewer homes on the market and more people buying.


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