Here are the September 2010 stats and 2009 for comparison -
- 19 Homes Sold
- Lowest price: $92,500
- Highest price: $975,000
- Shortest Days on Market: 7
- Longest Days on Market: 731
- 17 homes sold
- Lowest price: $136,000
- Highest price: $3,200,000
- Shortest Days on Market: 0
- Longest Days on Market: 704
Sales are up a bit year over year, 11% to be exact. Neptune Beach was up 33%, and Atlantic Beach was flat in year over year comparisons.
The longest days on market (an indicator of properly presented & priced listings) in 2009 was a short sale, and was priced at $300,000. Short sales do take longer to close, and require patience on both sides of the transaction.
Properly priced and properly presented properties are STILL selling – currently, the Jacksonville area has about 10 months of inventory (housing supply), and homes can and do sell in very few days on market.
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 or someone you know is considering a short sale, please have them contact me for a no-obligation confidential interview about their current situation and how best for them to move forward. I hold the Certified Distressed Property Expert, and am one of a mere 18,000 who do so – I can help salvage their credit, and their financial future.