Categories: Uncategorized | Posted: November 19, 2014 | Comments Off on Alachua County Home Value Highest in 5 years
The 3rd quarter of 2014 produced positive numbers for Gainesville Real Estate. Most impressive was the median home price which reached it’s highest level in nearly 5 years. The median price has been steadily climbing, but saw a big 10% jump from the 3rd quarter of last year to $185,000.
Median price is the price at which half of the homes sell above and half of the homes sell below. Economists consider median price to be the most accurate gauge of overall home valuation for a given market.
A full report of the 3rd quarter stats can be found here: