Here are the 2011 stats and 2010 for comparison -
2011
- 27 Homes Sold (November=11)
- Lowest price: $88,900 (November =$78,000)
- Highest price: $835,000 (November =$360,100)
- Shortest Days on Market:6 (November =0)
- Longest Days on Market: 554 (November =618)
2010
- 17 homes sold (November =11)
- Lowest price: $80,000(November =$50,000)
- Highest price: $575,000 (November =$2,375,000 )
- Shortest Days on Market: 8 (November =36)
- Longest Days on Market: 502 (November =1999)
Once again, great news that we are not hearing from the local media! Home sales are up year over year and month over month (impressively, I add!); prices are up (modestly, but still up and days on market are down.
The great thing about Jacksonville Beach, however, when compared to Atlantic & Neptune Beach is that we are the largest of the beaches communities, with more public parking than our northern neighbors.
Properly priced and properly presented properties are STILL selling – currently, the Jacksonville area has about 7.75 months of inventory (single family homes only)right now and homes can and do sell in very few days on market. Jacksonville Beach is currently at 5.19 months of homes for sale.
If you are ready to list your condo, 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 sales in our Atlantic Beach office are up 16% this year so far, so we know how to sell condos.
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.
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