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certified distressed property expert: Neptune Beach September 2010 Statistics - 10/09/10 07:53 AM
Here are the September 2010 stats and 2009 for comparison -
2010
4 Homes Sold Lowest price: $100,000 Highest price: $699,900 Shortest Days on Market: 8 Longest Days on Market: 170
2009
3 homes sold Lowest price: $184,900 Highest price: $615,000 Shortest Days on Market: 0 Longest Days on Market: 119 Sales are essentially up 33% year to year, based on the increase of 3 homes sold in 2009 compared with 4 homes sold in 2010.
Pricing year over year does not indicate much positive news, on the lower end, (a decrease of 45% based on the prices listed above) … (3 comments)
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certified distressed property expert: Atlantic Beach, FL August 2010 Statistics - 09/09/10 06:03 AM
Atlantic Beach August 2010 statistics
Here are the August 2010 stats and 2009 for comparison -
2010
25 Homes Sold Lowest price: $35,000 Highest price: $1,500,000 Shortest Days on Market: 1 Longest Days on Market: 298
2009
17 homes sold Lowest price: $53,000 Highest price: $645,000 Shortest Days on Market: 1 Longest Days on Market: 301 WOO HOO! Atlantic Beach sales are UP year to year by 47%! Certainly a change from what the media reports, isn't it? And, this is much better than Jacksonville Beach (27%) and Neptune Beach (-47%).
Also, the low end decreased $20,000, look at … (0 comments)
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certified distressed property expert: Texting Your Buyers? - 09/05/10 08:14 AM
I have a prior buyer back in the picture; he had some credit issues to take care of, and he and his dad were all excited about an REO property. They had previously had an offer in on this house, when it was a short sale, and we just could not get to closing.
His credit fresh and squeaky clean (yay!), they wanted to go back to this house which was now an REO. It would have to be a rehab 203K loan, but was well priced. So, they were disappointed when I told them it was under contract.
I emailed them … (3 comments)
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certified distressed property expert: Neptune Beach, FL August 2010 statistics - 09/04/10 08:20 AM
Here are the August 2010 stats and 2009 for comparison -
2010
3 Homes Sold Lowest price: $241,000 Highest price: $595,000 Shortest Days on Market: 7 Longest Days on Market: 218
2009
7 homes sold Lowest price: $99,900 Highest price: $425,000 Shortest Days on Market: 2 Longest Days on Market: 334 I just blogged about Jacksonville Beach yesterday, and there we have a 28% year to year increase in homes sold, so this is surprising. However, Neptune Beach is the smallest of the beach communities, and therefore, has a smaller supply of entry level/first time buyer homes.
Year over year, … (0 comments)
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certified distressed property expert: Jacksonville Beach, FL August 2010 Statistics - 09/03/10 07:35 AM
Here are the January - June 2010 stats and 2009 for comparison -
2010
18 Homes Sold Lowest price: $113,500 Highest price: $950,000 Shortest Days on Market: 6 Longest Days on Market: 266
2009
14 homes sold Lowest price: $175,000 Highest price: $475,000 Shortest Days on Market: 8 Longest Days on Market: 350 Homes sold year over year are UP about 28% year over year, which is terrific news compared to what the media is portraying.
Pricing on the low end shows a decline year to year, and a significant one, however, this is somewhat due to the number of … (0 comments)
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certified distressed property expert: Atlantic Beach, FL July 2010 Statistics - 08/16/10 07:39 AM
Here are the July 2010 stats and 2009 for comparison -
2010
18 Homes Sold Lowest price: $40,000 Highest price: $629,000 Shortest Days on Market: 8 Longest Days on Market: 44 Sunrise
2009
21 homes sold Lowest price: $44,900 Highest price: $1,450,000 Shortest Days on Market:5 Longest Days on Market: 1247 Home sales are down 15% year to year, which while not great news, is still much better than many other parts of Florida.
Pricing shows a 10% decline year to year in Atlantic Beach on the lower end, and there is not an apples to apples comparison on the … (0 comments)
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certified distressed property expert: Neptune Beach, FL July 2010 Statistics - 08/09/10 06:52 PM
Here are the July 2010 stats and 2009 for comparison -
2010
4 Homes Sold Lowest price: $175,000 Highest price: $363,000 Shortest Days on Market: 3 Longest Days on Market: 398
2009
10 homes sold Lowest price: $175,000 Highest price: $1,150,000 Shortest Days on Market: 0 Longest Days on Market: 415 Well, I know this looks downright depressing, however, I caution readers to realize the buyers in the month of July probably didn't have a hope for the tax credit (they were too late) and there were just fewer buyers. Many people vacation during July as school starts in the … (0 comments)
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certified distressed property expert: Jacksonville, FL Market Statistics July 2010 - 08/07/10 08:58 AM
2009 2010 Change
New Listings 2682 2594 -3% Sold Listings 1299 1115 -14% Months of Inventory 10.19 12.06 18% Total Inventory 13,233 13,446 1% Average Sales Price 190,357 176,065 -8% Under Contract 1305 1453 11% Sold Days on Market 117 120 3% List Price to Sale Price Differential 94.7 95.1 0%
Pending sales are still showing an increase in July, albeit a smaller increase than in other months.
Closed sales were down 14%, marking July as the first month this year with a decline in close sales.
This is also the first month we've seen an INCREASE in inventory this year, which is not a positive sign for absorption of excess inventory.
… (1 comments)
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certified distressed property expert: So, The House Next Door Is A Foreclosure....Or, On It's Way... - 07/09/10 08:43 AM
Many people now have a neighboring house ths is what we in the industry consider "distressed", meaning it's a short sale, on it's way to foreclosure, or a foreclosure. This means, in all likelihood that the yard is no being maintained, and it looks awful.
Additionally, the unmaintained yard is an invitation for all sorts of other issues, including: weeds, vermin, squatters - the list goes on and on.
What can you do? Here are some options to consider, so you can at least take some action towards a resolution:
Appeal to the Homeowner's Association. There may not be budget to … (1 comments)
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certified distressed property expert: So, The House Next Door Is A Foreclosure....Or, On It's Way... - 07/09/10 08:41 AM
Many people now have a neighboring house ths is what we in the industry consider "distressed", meaning it's a short sale, on it's way to foreclosure, or a foreclosure. This means, in all likelihood that the yard is no being maintained, and it looks awful.
Additionally, the unmaintained yard is an invitation for all sorts of other issues, including: weeds, vermin, squatters - the list goes on and on.
What can you do? Here are some options to consider, so you can at least take some action towards a resolution:
Appeal to the Homeowner's Association. There may not be budget to … (1 comments)
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certified distressed property expert: So, The House Next Door Is A Foreclosure....Or, On It's Way... - 07/09/10 08:40 AM
Many people now have a neighboring house ths is what we in the industry consider "distressed", meaning it's a short sale, on it's way to foreclosure, or a foreclosure. This means, in all likelihood that the yard is no being maintained, and it looks awful.
Additionally, the unmaintained yard is an invitation for all sorts of other issues, including: weeds, vermin, squatters - the list goes on and on.
What can you do? Here are some options to consider, so you can at least take some action towards a resolution:
Appeal to the Homeowner's Association. There may not be budget to … (1 comments)
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certified distressed property expert: Pablo Bay Subdivision, Jacksonville, FL February 2010 statistics - 03/21/10 08:45 PM
Here are the February 2010 stats and 2009 for comparison -
2010
2 Homes Sold Lowest price: $310,000 Highest price: $350,000 Shortest Days on Market: 30 Longest Days on Market: 77
2009
2 homes sold Lowest price: $325,000 Highest price: $350,000 Shortest Days on Market: 26 Longest Days on Market: 127
As you can see, sales are flat year to year in February. Interesting.
The lowest price is down 4% year to year, which is not a huge swing. The bigger concern is the number of homes for sale this year (19) and the number sold. This indicates … (0 comments)
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certified distressed property expert: Jacksonville Beach, FL February 2010 statistics - 03/21/10 08:34 PM
Here are the February 2010 stats and 2009 for comparison -
2010
14 Homes Sold Lowest price: $135,000 Highest price: $660,000 Shortest Days on Market: 9 Longest Days on Market: 218
2009
13 homes sold Lowest price: $109,500 Highest price: $400,000 Shortest Days on Market: 6 Longest Days on Market: 223 Jacksonville Beach is amazingly flat in year to year sold properties.
The great news here is Jacksonville Beach is the SOLE town of the beach communities (Atlantic, Neptune & Jacksonville) that has INCREASED the sold price year over year (check my stats on Atlantic Beach & Neptune Beach for … (0 comments)
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certified distressed property expert: Neptune Beach, FL February 2010 statistics - 03/21/10 08:25 PM
Here are the February 2010 stats and 2009 for comparison -
2010
5 Homes Sold Lowest price: $157,000 Highest price: $240,000 Shortest Days on Market: 0 Longest Days on Market: 173
2009
3 homes sold Lowest price: $228,000 Highest price: $385,000 Shortest Days on Market: 192 Longest Days on Market: 385 Home sales increased 66% year over year - Atlantic Beach enjoyed a 77% increase, so it's nice to see a similar bump in Neptune Beach, which is considerably smaller.
Sales price decreased 31% year to year - larger than I would have predicted, but not completely surprising, given the … (0 comments)
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certified distressed property expert: Atlantic Beach, FL February 2010 statistics - 03/21/10 08:17 PM
Here are the February 2010 stats and 2009 for comparison -
2010
16 Homes Sold Lowest price: $52,500 Highest price: $445,000 Shortest Days on Market: 8 Longest Days on Market: 492
2009
9 homes sold Lowest price: $57,000 Highest price: $714,250 Shortest Days on Market: 4 Longest Days on Market: 342
Ok, this is FABULOUS news - sales are up 77% year over year!
The shortest days on market increased 100%, from 4 days to 8 days, which is not major in my opinion.
The lowest sold price decreased 8% from year to year, which is not statistically significant, … (0 comments)
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certified distressed property expert: Atlantic Beach, 2009 statistics - 02/03/10 05:37 PM
2009
• 181 homes sold • Lowest price: $44,900 • Highest price: $2,650,000 • Shortest Days on Market: 0 • Longest Days on Market: 1,247 2008
• 139 homes sold • Lowest price: $40,000 • Highest price: $4,200,000 • Shortest Days on Market: 0 • Longest Days on Market: 717 The low priced homes on the market actually increased year over year, by 10% - not a huge percentage, but positive price growth. The total listings sold during 2009 increased 30% year over year, a nice increase in local activity as well.
Are short sales and foreclosures a part of this … (0 comments)
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certified distressed property expert: Atlantic Beach January 2010 Statistics - 02/03/10 05:18 PM
Here are the January 2010 stats and 2009 for comparison -
2010
• 10 Homes Sold • Lowest price: $48,900 • Highest price: $1,560,000 • Shortest Days on Market: 15 • Longest Days on Market: 952 (yes, 952) 2009
• 14 homes sold • Lowest price: $60,000 • Highest price: $2,650,000 • Shortest Days on Market: 23 • Longest Days on Market: 376 Of Atlantic, Neptune & Jacksonville Beach, Atlantic Beach seems to have the most similar activity year to year. The longer days on market in 2010 is the highest priced property (not much of a surprise, however, properly priced … (0 comments)
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certified distressed property expert: Neptune Beach January 2010 Statistics - 02/03/10 05:08 PM
Here are the January 2010 stats and 2009 for comparison -
2010
6 Homes Sold
Lowest price: $89,900
Highest price: $315,000
Shortest Days on Market: 7
Longest Days on Market: 113
2009
1homes sold
Lowest price: $2,000,000
Highest price: $2,000,000
Shortest Days on Market: 0
Longest Days on Market: 0
I know what you are thinking – there is no way only one house sold in January 2009! It’s true, only one house, although a hefty price tag, sold in January 2009. Here’s the good news from the Happy Realtor: sales of homes in terms of units is obviously up … (0 comments)
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certified distressed property expert: Jacksonville Beach January 2010 Statistics - 02/03/10 04:59 PM
Here are the January 2010 stats and 2009 for comparison -
2010
7 Homes Sold Lowest price: $87,500 Highest price: $450,000 Shortest Days on Market: 2 Longest Days on Market: 534 2009
13 homes sold Lowest price: $177,000 Highest price: $1,500,000 Shortest Days on Market: 12 Longest Days on Market: 420
At first glance, there seems to be absolutely nothing positive about these numbers, but if you’ve read my blogs faithfully (which I know you ALL do!), you know I am an optimistic Realtor. For example, the days on market on the short side is considerably tighter this year than … (1 comments)
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Carol Zingone, Beaches Expert, Northeast FL
Jacksonville Beach,
FL
More about me…
Prudential Network Realty
Address: 375 Atlantic Blvd., Atlantic Beach, FL, 32233
Office Phone: (904) 241-2417
Cell Phone: (904) 993-9048
Email Me
Helping Buyers & Sellers in: Jacksonville Beach, Atlantic Beach, Neptune Beach, Ponte Vedra Beach, Ponte Vedra, Intracoastal West, Jacksonville, Southside, San Marco, San Jose, Mandarin, Arlington, Regency, Downtown, as a Broker Associate with 100% customer satisfaction rating.
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