Jacksonville Florida Market Watch October 2007
Are you looking to buy in the Jacksonville real estate market? Do you own a home in Jacksonville and want to know if this a good time to put your house on the market? I'd like to share some market stats to help you with your decision.
Here's what October 2007 looked like:
Current # of listings available in Oct 2007- 7,663
Average # of sales per month (homes that went under contract not sold)- 629
Ave days on market (under contract homes, not sold)- 129.11
Remaining # months inventory - 12.18
Selling price % of list price (original list price) (these were homes that sold and closed in October 2007)- 91.08%
Let's go back a year!
Here's what October 2006 looked like:
Current # of listings available in Oct 2007- 6,500
Average # of sales per month (homes that went under contract not sold)- 811
Ave days on market (under contract homes, not sold)- 88.82
Remaining # months inventory - 8.01
Selling price % of list price (original list price) (these were homes that sold and closed in October 2006)- 90.58%
These figures are based on residential homes (single family, town homes & attached). They exclude condos, commercial property and vacant land. It also does not include Jacksonville beach, Atlantic Beach or Neptune Beach.
Information is deemed to be reliable, but is not guaranteed.
Comments(6)