McBride.Timothy.Realtor

Through the first three quarters we’ve watched inventory steadily build while prices held near-flat. August confirms the shift:

Active inventory: 4,180 (+37% YoY)

Months supply: 5.9 (up from 4.1 a year ago)

Closed sales: 752 (-5.9% YoY)

Median sale price: $285,990 (-1.4% YoY)

Dollar volume: $244M (-6% YoY)

New listings: 1,109 (+14% YoY)

What this means heading into Q4:

Sellers: Price precisely and prep well—buyers have options again. Strategic pricing + condition = faster, cleaner offers.

Buyers: More selection and leverage without a major price drop. Pair choice with strong pre-approval to negotiate credits or rate buydowns.

Reach me at 702-466-4767 for a detailed breakdown of your specific neighborhood, or a neighborhood you are interested in.

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**📢 Mortgage Rate Update: What It Means for Buyers & Sellers! 🏡💰**

Average mortgage rates have recently adjusted to **6.3%–6.5%**! 📉🔑

So, what does this mean for YOU?
✅ **Buyers:** While rates are higher than the rock-bottom lows of the past, they’re still historically reasonable. Locking in a rate now can help you start building equity instead of paying rent! 🏠💸
✅ **Sellers:** Buyers are still active! Proper pricing and smart marketing are key to making your home stand out in this market. Let’s strategize! 📊

Whether you're looking to buy, sell, or just have questions about the market, let’s talk. 📩 .Timothy.Realtor

Hey everybody, I’m going to be out at my neighbor’s place for the car show they are hosting! If we haven’t had a chance to get together lately it will be a great time to connect and meet and mingle with some members of our community!

📊 Marion County Real Estate Market Update – December 2024 🏡

The numbers are in, and the real estate market in Marion County is showing some exciting trends for single-family homes! Here’s a quick snapshot:

✅ Closed Sales: 695 homes sold (+7.4% YoY)
💰 Dollar Volume: $226 million (+7.2% YoY)
🏷️ Median Sale Price: $289,500 (a slight increase of 0.2% YoY)
📈 Active Inventory: 3,400 homes available (+26% YoY)
🏡 New Listings: 816 homes listed (+17% YoY)
📝 New Pending Sales: 557 (a slight dip of -2.5% YoY)

Whether you're thinking of buying, selling, or just curious about the market, now is the time to act! With an increase in inventory and stable prices, there are plenty of opportunities for both buyers and sellers.

📞 Contact me today to discuss how these trends affect your real estate goals. Let’s make your move happen!

Timothy McBride
Keller Williams Gainesville Realty Partners
📍 7584 NW 4TH BLVD., Gainesville, FL 32607
📲 Cell: (702) 466-4767
📧 Email: [email protected]

Open house this Sunday, January 26, 1pm to 4pm.

Convenient location just off US hwy 441.

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