Here are the September 2009 stats and August 2008 for comparison -
2009
- 17 Homes Sold
- Lowest price: $126,000
- Highest price: $3,200,000
- Shortest Days on Market: 0
- Longest Days on Market: 704
2008
- 7 homes sold
- Lowest price: $189,000
- Highest price: $320,000
- Shortest Days on Market: 50
- Longest Days on Market: 174
I'm thrilled to be reporting such improvement in so all areas!
As you can see from the numbers, listings sold year to date has increased a whopping 142%, which is terrific news for both buyers and sellers. Buyers see the value in the market, and sellers have become more realistic in their list price.
The price ranges still show a decline in the market, however, without pulling more specific data, the low end range is most likely a short sale or foreclosure property. These prices do, in fact, all pricing, so they cannot simply be discounted.
If you are ready to list your home, call me for a comparable market analysis to see what price range you should list in, and to learn more about what sets myself and Prudential Network Realty apart from the competition.
If you are first time homebuyer, act now with interest rates below 5%, and the $8K tax credit deadline quickly approaching.
Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Prudential Network Realty. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at carolzingone@clearwire.net
Great Information Carol.
What I am hearing is that while slow, NE Florida is indeed starting to improve. Looks like you are seeing that as well.
Thanks for sharing the numbers!!