Here are the 2011 stats and 2010 for comparison -
2011
- 12 Homes Sold
- Lowest price: $48,000
- Highest price: $535,000
- Shortest Days on Market: 0
- Longest Days on Market: 260
2010
- 18 homes sold
- Lowest price: $38,000
- Highest price: $835,000
- Shortest Days on Market: 0
- Longest Days on Market: 449
While the volume of homes sold is down by 6 year over year (or 33% decrease) this is one of the first months in a very long time I’ve seen the lowest priced home sold has INCREASED. And great news it is, as this could indicate some market stability.
The great thing about Atlantic Beach, when compared to Jacksonville &; Neptune Beach is that Atlantic Beach has many different, affordable options for housing.
Days on market has decreased as well, which is another indicator of proper pricing. Properly priced and properly presented properties are STILL selling – currently, the Jacksonville area has about 9.28 months of inventory (housing supply), right now and homes can and do sell in very few days on market. Atlantic Beach has 11 months of inventory as I write this post.
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.
Comments (6)Subscribe to CommentsComment