What is selling in Haile Plantation?
An analysis of absorption rate for homes sold in Haile Plantation reveals the following:
Number of homes for sale in the Haile Plantation area: 120
Number of homes sold in the Haile Plantation area during September 2009: 16
Number of months it will take to sell off this inventory: 8, which indicates that we are still in a buyer's market in Haile Plantation.
Seller's market = 1-4 months of housing inventory available
Balanced/normal market = 5-6 months of homes for sale
Buyer's market = 7 months or more of homes for sale
What is the most popular price range of homes selling in Haile Plantation?
Homes for sale in Haile Plantation for less than $200,000: 14
Number of homes <$200,000 sold in September 2009: 2
Amount of inventory available <$200,000: 7.6 months (buyer's market)
Homes for sale in Haile Plantation between $200,000-$250,000: 15
Number of homes between $200,000-$250,000 sold in September 2009: 4
Haile Plantation housing inventory for $200,000-$250,000: 4 months (seller's market!)
Homes for sale in Haile Plantation priced over $250,000: 91
Number of homes priced over $250,000 sold in September 2009: 10
Haile Plantation housing inventory for homes costing more than $250,000: 9.9 months (buyer's market)
For homes priced between $200,000-$250,000 in Haile Plantation, we are currently in a seller's market.....YIPPEE!!
Sellers of homes priced at less than $200,000 also have reason to cheer as they are moving closer to a normal market inventory at that price point.
With 9.9 months of inventory available in the price range of $250,000+, sellers at this price point continue to face considerable challenges in getting their homes sold.
If you are in the market to buy or sell a home in Gainesville, Florida, or you know somebody who is, I'd appreciate the referral!





