Is High Springs-Alachua, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, High Springs-Alachua has remained a Seller's Market.
Key Takeaway
High Springs-Alachua is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in High Springs-Alachua, FL
How much do homes in High Springs-Alachua, FL cost?
Median Sold Price
$329,710
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in High Springs-Alachua has remained the same since last year.
Summary: The median home sold price in High Springs-Alachua was $329,710 in March 2024, down 0.1% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150.9K | $256K | +69.6% |
| 2 Bedrooms | $197K | $215K | +9.1% |
| 3 Bedrooms | $304.5K | $304.9K | 0.2% |
| 4 Bedrooms | $391.1K | $413.5K | +5.7% |
| 5+ Bedrooms | $420.9K | $445.5K | +5.8% |
Summary: High Springs-Alachua housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69.6%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Gainesville | $245.9K | $307K | +24.8% |
| High Springs-Alachua | $329.9K | $329.7K | -0.1% |
| Alachua | $339.5K | $337K | -0.7% |
| High Springs | $305K | $300K | -1.6% |
Housing Supply in High Springs-Alachua, FL
How many homes are available in High Springs-Alachua, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 259 | 263 | +1.5% |
Summary: The High Springs-Alachua real estate market had 263 homes for sale in March 2024, a 1.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 31 | 29 | -6.5% |
| 3 Bedrooms | 133 | 146 | +9.8% |
| 4 Bedrooms | 79 | 73 | -7.6% |
| 5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The High Springs-Alachua housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 46 | 50 | +8.7% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in High Springs-Alachua, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in High Springs-Alachua in March 2024, up by 8.7% month-over-month. Of the 50 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for High Springs-Alachua, FL
How long does it take to sell a home in High Springs-Alachua, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 47 Days | -19.6% |
Summary: Homes in High Springs-Alachua had an average of 47 days on market in Mar 2024, down by 19.6% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in High Springs-Alachua are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 50 homes were sold in High Springs-Alachua; 60% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.