Gainesville Housing Market Soars with 8.6% Price Increase: Top 5 Luxury Homes Sold in November 2023

Gainesville Housing Market Trends in November

In November 2023, Gainesville home prices were up 8.6% compared to last year, selling for a median price of $266,000. On average, homes in Gainesville sell after 28 days on the market compared to 27 days last year. There were 102 homes sold in November this year, down from 111 last year.

Gainesville Migration & Relocation Trends

In Sep '23 - Nov '23, 60% of Gainesville homebuyers searched to move out of Gainesville, while 40% looked to stay within the metropolitan area.

Photo by Redfin

Where are people moving to Gainesville from?

• Across the nation, 0.11% of homebuyers searched to move into Gainesville from outside metros.
• Miami homebuyers searched to move into Gainesville more than any other metro followed by Orlando and Tampa.

Where are people from Gainesville moving to?

• 40% of Gainesville homebuyers searched to stay within the Gainesville metropolitan area.
• Jacksonville was the most popular destination among Gainesville homebuyers followed by Ocala and Virginia Beach.

Top 5 Most Expensive Homes Sold in Gainesville in the Last Month

1. 3401 SW 106th St, Gainesville, FL, 32608

Photo by Redfin

• Sold on DEC 7, 2023 for $1,300,000
• 4 Beds, 4 Baths, 3575 Sq Ft
• Description: Custom-built, 4 BR, 4 Bath home in Gainesville with office, media room, 3-car garage, pool, spa, and conservation views. Features include a whole house generator, custom cabinetry, and high level quartz counter. More details here.

2. 9305 SW 46th Pl, Gainesville, FL, 32608

Photo by Redfin

• Sold on DEC 21, 2023 for $1,275,000
• 5 Beds, 4 Baths, 3964 Sq Ft
• Description: Tranquil pool home on the 12th hole of a Gary Player golf course in Haile, with glass back, fairway and green views, and outdoor kitchen. Single owner, well-maintained. More details here.

3. 2426 SW 106th St, Gainesville, FL, 32608

Photo by Redfin

• Sold on DEC 20, 2023 for $1,200,000
• 4 Beds, 4 Baths, 3575 Sq Ft
• Description: Luxury 4 BR, 4 Bath pool home built in 2017 in Gainesville with study, bonus room, custom kitchen, and outdoor living area. Features porcelain tile and hand-scraped wood flooring. More details here.

4. 10704 SW 34th Rd, Gainesville, FL, 32608

Photo by Redfin

• Sold on DEC 20, 2023 for $1,038,135
• 4 Beds, 3 Baths, 3255 Sq Ft
• Description: Under construction Egret V home with open floor plan, grand foyer, living room, gourmet kitchen, master suite with walk-in closet and spacious bath, and utility/laundry room near the garage. More details here.

5. 10870 SW 36th Pl, Gainesville, FL, 32608

• Sold on DEC 8, 2023 for $935,212
• 5 Beds, 4 Baths, 4015 Sq Ft
• Description: Under construction Egret V home with open floor plan, grand foyer, living room, gourmet kitchen, master suite with walk-in closet and spacious bath, and utility/laundry room near the garage. More details here.

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