Mike Hastings Blog

Here are the numbers compared to last year for homes, condos, vacant land, multi-family and commercial properties sold in Gainesville, Alachua County Florida for February 2009.

Monthly Statistics Report - 02/01/2009 - 02/28/2009
Gainesville MLS - Compiled on March 2, 2009
	02/01/2009 - 02/28/2009	Change from 01/04/2009 - 01/31/2009	02/01/2008 - 02/28/2008	Change from 02/01/2008 - 02/28/2008 to 02/01/2009 - 02/28/2009	YTD 2009	YTD 2008	2008 - 2009 YTD
Single Family Residential
New Listings	281	-9.65%	373	-24.66%	619	827	-25.15%
Sold Listings	66	4.76%	93	-29.03%	129	185	-30.27%
Volume - Sold Listings	$10,223,199	-29.18%	$21,002,843	-51.32%	$24,659,260	$42,611,707	-42.13%
Average Sale Price	$154,897	-32.40%	$225,837	-31.41%	$191,157	$230,334	-17.01%
High Sale Price	$762,018	-19.79%	$774,564	-1.62%	$950,000	$774,564	22.65%
Low Sale Price	$20,000	-0.54%	$24,000	-16.67%	$20,000	$24,000	-16.67%
Average Days on Market	145	4.32%	100	45.00%	142	104	36.54%
Vacant Land
New Listings	97	24.36%	165	-41.21%	177	358	-50.56%
Sold Listings	8	33.33%	20	-60.00%	14	33	-57.58%
Volume - Sold Listings	$1,537,500	85.26%	$3,185,050	-51.73%	$2,367,400	$4,710,050	-49.74%
Average Sale Price	$192,188	38.95%	$159,253	20.68%	$169,100	$142,729	18.48%
High Sale Price	$1,100,000	378.26%	$532,000	106.77%	$1,100,000	$532,000	106.77%
Low Sale Price	$40,000	0.25%	$13,500	196.30%	$39,900	$13,500	195.56%
Average Days on Market	275	0.00%	177	55.37%	275	146	88.36%
Commercial/Industrial
New Listings	35	84.21%	26	34.62%	54	52	3.85%
Sold Listings	1	-83.33%	0	N/A	8	2	300.00%
Volume - Sold Listings	$240,000	-93.33%	$0	N/A	$4,299,475	$460,000	834.67%
Average Sale Price	$240,000	-59.99%	$0	N/A	$537,434	$230,000	133.67%
High Sale Price	$240,000	-90.77%	$0	N/A	$2,600,000	$230,000	1,030.43%
Low Sale Price	$240,000	133.01%	$0	N/A	$103,000	$230,000	-55.22%
Average Days on Market	1	-99.64%	0	N/A	222	276	-19.57%
Multi-Family
New Listings	2	-88.89%	20	-90.00%	20	32	-37.50%
Sold Listings	4	N/A	2	100.00%	4	2	100.00%
Volume - Sold Listings	$2,750,000	N/A	$110,000	2,400.00%	$2,750,000	$110,000	2,400.00%
Average Sale Price	$687,500	N/A	$55,000	1,150.00%	$687,500	$55,000	1,150.00%
High Sale Price	$1,535,000	N/A	$55,000	2,690.91%	$1,535,000	$55,000	2,690.91%
Low Sale Price	$80,000	N/A	$55,000	45.45%	$80,000	$55,000	45.45%
Average Days on Market	45	N/A	161	-72.05%	45	161	-72.05%
Rental
New Listings	88	54.39%	58	51.72%	146	138	5.80%
Sold Listings	33	26.92%	21	57.14%	62	62	0.00%
Volume - Sold Listings	$36,850	43.95%	$24,155	52.56%	$66,749	$67,709	-1.42%
Average Sale Price	$1,117	13.40%	$1,150	-2.87%	$1,077	$1,092	-1.37%
High Sale Price	$2,200	0.23%	$2,995	-26.54%	$2,250	$2,995	-24.87%
Low Sale Price	$481	-26.00%	$450	6.89%	$481	$450	6.89%
Average Days on Market	95	-18.80%	60	58.33%	102	74	37.84%
Attached/Condominium
New Listings	107	-16.41%	189	-43.39%	238	420	-43.33%
Sold Listings	11	22.22%	23	-52.17%	20	44	-54.55%
Volume - Sold Listings	$1,479,389	22.44%	$3,140,750	-52.90%	$2,687,639	$6,596,151	-59.25%
Average Sale Price	$134,490	0.18%	$136,554	-1.51%	$134,382	$149,913	-10.36%
High Sale Price	$255,000	10.87%	$270,000	-5.56%	$255,000	$492,460	-48.22%
Low Sale Price	$56,000	75.55%	$75,000	-25.33%	$31,900	$61,500	-48.13%
Average Days on Market	108	-21.17%	100	8.00%	121	96	26.04%
Commercial Lease
New Listings	40	37.93%	17	135.29%	69	56	23.21%
Sold Listings	5	-16.67%	5	0.00%	12	17	-29.41%
Volume - Sold Listings	$11,105	-98.99%	$150,664	-92.63%	$1,110,085	$1,417,841	-21.71%
Average Sale Price	$2,221	-98.79%	$30,133	-92.63%	$92,507	$83,402	10.92%
High Sale Price	$4,950	-99.54%	$115,920	-95.73%	$1,072,093	$864,000	24.08%
Low Sale Price	$440	-17.14%	$500	-12.00%	$440	$385	14.29%
Average Days on Market	272	149.54%	238	14.29%	173	256	-32.42%
Business Opportunity
New Listings	3	200.00%	3	0.00%	4	7	-42.86%
Sold Listings	0	N/A	0	N/A	0	0	N/A
Volume - Sold Listings	$0	N/A	$0	N/A	$0	$0	N/A
Average Sale Price	$0	N/A	$0	N/A	$0	$0	N/A
High Sale Price	$0	N/A	$0	N/A	$0	$0	N/A
Low Sale Price	$0	N/A	$0	N/A	$0	$0	N/A
Average Days on Market	0	N/A	0	N/A	0	0	N/A
Total
New Listings	653	1.87%	851	-23.27%	1,327	1,890	-29.79%
Sold Listings	128	10.34%	164	-21.95%	249	345	-27.83%
Volume - Sold Listings	$16,278,043	-23.21%	$27,613,462	-41.05%	$37,940,608	$55,973,458	-32.22%
Average Sale Price	$127,172	-30.41%	$168,375	-24.47%	$152,372	$162,242	-6.08%
High Sale Price	$1,535,000	-40.96%	$774,564	98.18%	$2,600,000	$864,000	200.93%
Low Sale Price	$440	-17.14%	$450	-2.22%	$440	$385	14.29%
Average Days on Market	138	-5.48%	109	26.61%	140	110	27.27%
ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED