Gainesville Home Sales Rise Amid New Construction in Alachua County
What happened
Home sales in the Gainesville market increased 7.6% according to September data from Florida Realtors. New housing options are available across Alachua County, highlighted by a Fall Parade of Homes featuring 17 newly built homes in Gainesville, Newberry, Alachua, and High Springs. Average sale prices have remained relatively flat this year.
From wcjb.com
Why it matters
The growth in home sales and new construction activity boosts the real estate market and tax base for Alachua County. Voters will also decide on Amendment 3 on November 3, which proposes expanding homestead property tax exemptions for qualifying homeowners.
From wcjb.com
Who's involved
- GainesvilleCity where home sales are rising and new construction was displayed
- Alachua CountyCounty where the housing growth and new construction is occurring
- NewberryCity in Alachua County where new housing options were displayed
- High SpringsCity in Alachua County where new housing options were displayed
- AlachuaCity within Alachua County where new housing options were displayed
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- NewberrySpeculative
Newberry could see increased demand for housing sales in the regional market.
- High SpringsSpeculative
High Springs could see increased demand for housing sales in the regional market.
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The entities involved
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Gainesville
city and county seat of Alachua County, Florida, United States
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Alachua County
county in Florida, United States