22 new real estate properties in Gainesville, Georgia have been added to Ofirio in the last 7 days.
Of those new properties:
Gainesville, Georgia has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 3% lower than than the list price. The demand for luxury real estate is lower than the demand for “Under $200k” real estate by 3%. Homes in Gainesville, Georgia are on the market for 100 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the With Pool segment and it is 303% ($1,121,758) more than the week prior.
The average closing price for real estate in Gainesville Georgia has grown by 57% from the last week, which amounted to $581,821.
As of January 2023 Gainesville, GA is a seller market which means homes sell faster at a higher price. In January 2023, 11 homes (22.0%) sold at asking price, 36 homes (72.0%) sold below asking price, and 3 homes (6.0%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price decreased by 0.3% from $350,000 in January 2022 to $348,947 in January 2023. The number of homes sold in Gainesville, GA has decreased by 21.3% over the last year from 61 in January 2022 to 48 homes in January 2023.
Homes in Gainesville, GA have sold for 11.3% more per ft² than they did a year ago. As of January 2023 the average price per square foot is $187.