Here are the 2011 stats and 2010 for comparison -
- 22 Homes Sold
- Lowest price: $62,000
- Highest price: $500,000
- Shortest Days on Market: 20
- Longest Days on Market: 562
- 19 homes sold
- Lowest price: $140,000
- Highest price: $495,000
- Shortest Days on Market: 1
- Longest Days on Market: 210
This market report completely is in line with the increase we are experiencing all over the market! Year to year, sales are up 3 homes which is 15% increase!
The great thing about Jacksonville Beach, however, when compared to Atlantic & Neptune Beach is that we are a larger community with more diverse housing and therefore, we are more consistent with sales per month than other communities.
Days on market is an anomaly here; the longest days on market at 562 was a short sale pool home, closed to the beach. Properly priced and properly presented properties are STILL selling – currently, the Jacksonville area has about 9.56 months of inventory (housing supply), right now and homes can and do sell in very few days on market. Jacksonville Beach has 7.82 months of inventory as I write this post, which is down SIGNIFICANTLY from January 2010, when we had 26 months of inventory.
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. Our home sales in our Atlantic Beach office are up 26% comparing 2010 to 2009, so we know how to sell homes.
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.