MARKET SPOTLIGHT: Northwood

September 26, 2018

Welcome Home to Northwood! Northwood is an oldie but goodie neighborhood nestled in Northwest Gainesville off of 34th street just North of 39th Avenue close to the YMCA. Most homes in Northwood are constructed of concrete block or brick and most were built in the 1970’s with lot sizes averaging at 0.3 acre and mature landscaping. Northwood is a popular subdivision where houses are currently flying off of the market fast!

Northwood is known as being a quiet and family friendly neighborhood. With no Homeowners Association, great location and good school zones. It’s no wonder that this Subdivision is a local favorite when it comes to house hunting.  Nearby, you can find Pizza Hut, Sandy’s Diner, not one, but TWO Publix grocery stores, easy access to I-75, straight up 39th Ave and easy access to Highway 441.

In the last 9 months, the average amount of homes sold per month has jumped from 2 per month to 3 per month. In the last 6 months, the average sale price of homes sold in Northwood has jumped from $168,750 to $181,078. In the last year, the average price per square foot in Northwood for homes that have sold, bounced from $114.78 per square foot and now averaging at $120.83.

Whether you’re looking to buy, sell, or lease, if Northwood strikes your fancy, give us a call to find out the latest on homes and market stats in Northwood or click here.


Other blog entries

Buyers Guide:  What’s the process?  (12/05/2018)
Realtor.com housing forecast shows muddier 2019 - but maybe not locally (12/03/2018)
Is Now a Good Time to Buy and Why? (11/26/2018)
Savvy Open Houses This Saturday, November 10th (11/08/2018)
Buyer's market around the corner in Gainesville? (11/02/2018)

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