Gainesville Real Estate Market Conditions & Reports, Gainesville Market Trends, Virginia

Market Commentary Provided by Beth Yesford
We are dealing with alot of foreclosures and short sales, we have several investors taking advantage of the market. There are Numerous incentives to buyers, interest rates are at record lows.

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Beth Yesford
eVenture Real Estate
Reston, Virginia
703-346-4133
bethyesford@hotmail.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

30-60 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$300,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 20-25%

Prices As % of Asking Price

85-90%

Multiple Offers?

Yes

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Gainesville is

Seller Activity for the past 90 days in Gainesville is

Is Financing Available For Qualified Buyers in Gainesville?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

dominion valley, heritage hunt

Reason to Buy/Sell

Job Growth

Average Sold Price

$300,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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