Market spotlight: Ellis Park

January 22, 2017

Let's check in with Ellis Park, a fantastic family-friendly neighborhood located in Northwest Gainesville, conveniently located near the great shopping and dining on Newberry Road, including Town of Tioga as well as all of the amenities near the Oaks Mall.

Community amenities include a clubhouse, pool and playground, as well as plenty of green space. The neighborhood features new construction homes as well as more established properties, and range in size from approximately 1,800 square feet to over 3,300 square feet.

Ellis Park currently has six homes on the market representing 4.8 months of inventory. This is slightly higher than the 3.2 months of inventory that Gainesville has overall. this does indicate a bit of a seller's market in Ellis Park, as does the steady climb in the average price per square foot that has taken place over the last year.

The average sales price has jumped around a bit, most recently dropping from $286,302 to $264,000 in the last three months. Homes currently available range from $240,000 to $433,205.

This friendly neighborhood features beautifully maintained streets with sidewalks perfect for an evening stroll. It is conveniently located approximately 9 miles from Shands and the University of Florida. The subdivision is also in a great school district that includes Hidden Oak Elementary School, Ft.Clark Middle School, and Buchholz High School, and it is walking distance to the elementary and middle school.

This is a lovely neighborhood with fantastic homes available. Don't miss it!

 

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