Fleming Island Florida, Real Estate Market Report August 2011 - 09/30/11 11:03 PM
Fleming Island Florida, Real Estate Market Report August 2011
 

Green-Active listings     Yellow-Pending listings   Blue-Sold listings
For the month of August 11th, there were 264 active listings in Fleming Island, Florida, with 47 being new listings and 32 homes in Fleming Island, that sold in August 2011. The absorption rate is 8.25 months, which is how many months it would take for the 264 homes to sell at the rate of 32 homes per month. Check out the Clay County real estate market reports for more market stats.
Fleming Island is in Clay County, just south of Jacksonville and Orange … (1 comments)

Clay County Florida Market Report August 2011 - 09/30/11 09:57 PM

Clay County Florida Market Report
 August 2011
Single Family homes in:
· Fleming Island
· Orange Park
· Middleburg
· Green Cove Springs

August 2011                              August 2010
Active Listings: 1,345                 Active Listings: 1,797
Sold: 212                                    Sold: 171
Months Inventory:                       6.34 Months Inventory: 10.51
 
Again, we see more improvement from July 2011. Not a huge improvement, like we see from August 2010, but an improvement none the less. With 90 foreclosures and shorts sales that sold in August 2011, they account for 42.45% of the total homes sold. A little more than half … (0 comments)

Clay County Florida Market Report July 2011 - 09/29/11 05:21 PM
 
Clay County Florida Market Report
July 2011
Single Family homes in:
· Fleming Island
· Orange Park
· Middleburg
· Green Cove Springs

July 2011
Active Listings: 1,356
Sold: 207
Months Inventory:  6.55
 
July 2010
Active Listings: 1,787
Sold: 149
Months Inventory: 11.99

Check out the months inventory above, for July 2011, it's at 6.55 months. This is the absorption rate, meaning that based on the active listings, which is 1,356 and on the sold homes, which is 207, it would take 6.55 months to sell those houses at the current inventory level (active listings). If the current … (0 comments)

Clay County Florida Market Report June 2011 - 09/27/11 01:46 PM
 
Clay County Florida Market Report
 June 2011
Single Family homes in:
· Fleming Island
· Orange Park
· Middleburg
· Green Cove Springs

June 2011
Active Listings: 1402
Sold: 200
Months Inventory: 7.01
 
June 2010
Active Listings: 1768
Sold: 232
Months Inventory: 7.62

Gotta love the summer time, vacations, beach outings, lots of outdoor play and people looking to buy a home and get settled before school starts. Decreased inventory and increased sold homes from May 2011, and the beginning of the year for that matter, give the real estate market in Clay County some positive news.   
… (0 comments)

Staging Your Jacksonville Florida Home On A Budget - 09/23/11 03:11 PM
Things you can do to get your home ready to sell, that won't break the bank!

 
Let's say, your real estate agent sent you some houses for sale and one caught your eye. You click on the pics and this kitchen on the right popped up. What do you think of it? Nice cabinets and lots of counter space but very cluttered, which actually makes it look smaller!  If you're trying to sell your Jacksonville home, this does not show your house in the best light. What if you're in a short sale situation and you don't have any extra … (2 comments)

Clay County Florida Market Report May 2011 - 09/22/11 05:23 PM
 
Clay County Florida Market Report 
  May 2011
 
Single Family homes in:
 
· Fleming Island
· Orange Park
· Middleburg
· Green Cove Springs


Can't complain when you see the months inventory shrink from last year and April 2011! I know what you're thinking, where did the average sale price go? I took it off, because the numbers added together are just way too deceiving than each individual price range. The higher price ranges just knock it out of whack.  The other questions is, when are these prices in Clay County going up? Good question! The answer is, it's hard … (0 comments)

Clay County Florida Market Report April 2011 - 09/22/11 05:01 PM
 
Clay County Florida Market Report 
 
April 2011
 
Single Family homes in:
 
· Fleming Island
· Orange Park
· Middleburg
· Green Cove Springs
 
 
Not many changes in April 2011 versus March 2011. A slight decrease in homes sold in April, than in March, but nothing to worry about. Again, I’ve combined the totals for April 2011 and April 2010, but the more accurate picture is looking at it in the various price ranges:
 
 April 2011
Active Listings: 1516
Sold: 185
Months Inventory:  8.19
Average Price: 399,426
 
April 2010
Active Listings: 1772
Sold: 179
Months Inventory: … (0 comments)

Clay County Florida Market Report March 2011 - 09/20/11 05:09 PM
                                                                                                                                              
Clay County Florida Market Report
 
March 2011
 
Single Family homes in:
 
· Fleming Island
· Orange Park
· Middleburg
· Green Cove Springs
  
 I have to admit, I never thought of myself as a numbers kinda girl, but real estate stats just get my juices flowing. I know, weird. :) Let’s take a look at the total for all price ranges in Clay County March 2011 combined for the following:
Active Listings: 1512
Sold: 201
Months Inventory:  7.52
Average Price: 282,339
 
March 2010
Active Listings: 1706
Sold: 225
Months Inventory: 7.58
Average Price: 519,868
 
Neck … (0 comments)

Clay County Florida Market Report February 2011 - 09/19/11 12:12 PM
                                                                                                                       
Clay County Florida Market Report                 
 
                     February 2011
 
Single Family homes in:
 
· Fleming Island
· Orange Park
· Middleburg
· Green Cove Springs
 

I like to do the breakdown of different price points, instead of doing the total for all homes in that area. Take a look at the February 2011 SP/OLP for the price range of 800k and up. 57.38 is very low and would not show the true picture of what is going on in the 0-300k price range. Now at the same respect, 57.38 is not the norm in the 800k and up price … (0 comments)

Clay County Florida Market Report January 2011 - 09/17/11 04:23 PM
 
Clay County Florida Market Report
January 2011

 
Single Family Homes in:                                                                                                                                                    
Fleming Island Orange Park Middleburg Green Cove Springs  
 
 
 
 The total sold in January 2010 was 122 and of that 122 sold, 30.33% were either a foreclosure or short sale. In January 2011,  117 were sold, 59.83% were either a foreclosure or short sale, so we are seeing an increase in foreclosures and short sales by approximately 29%. … (0 comments)

Short sale success in Middleburg, Florida! - 09/13/11 12:43 PM


The property:
This is a 3 bedroom 2 bath single family home located in Middleburg, Florida. The house was in good repair, except for some cosmetics items like old carpet and vinyl flooring.  The lien holder was American Home Mortgage Servicing Inc and the balance was $153,000.
Hardship:
The loan was an ARM and the sellers couldn't refinance due to being upside down. The sellers were having difficulty keeping up the payment. 
Short sale scenario:
You have to have patience when dealing with short sales, which with a phrase like short sale, you would expect quick and easy. Nope. … (2 comments)

 
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Pam Graham- Jacksonville, Clay & St Johns Counties

Jacksonville, FL

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Author Bio: Pam Graham is a transplant to Jacksonville area, origanally from the Northern Va area. Pam Graham has been in the real estate business since 2002 and has helped hundreds of sellers and buyers achieve their real estate dreams



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