Jacksonville  FL Area Sales and Prices Up

Jacksonville FL Sales and Prices UpThe June 2012 Market Report from the Northeast Florida Association of Realtors paints a brighter picture of real estate than readers might believe if they are closely following the Case-Shiller Index.

For our area, the number of sales and the price of sold houses have increased. During June 2012 there were 1,565 closed sales, which is the highest number this year.

There were 1,907 Pending sales, which is a 23% increase from this time in 2011.

The average sales price was $200,112, up 9% from June 2011.

Sales inventory is at a six months supply, which indicates a balanced market, down from 9.7 months in June 2011. In some areas, a seller's market is hovering.

The inventory of homes dropped 30.7% from June 2011, and short sales dropped 19%.

It is taking less time to sell a home in 2012, 102 days vs. 128 days in 2011.

We are very happy to report these positive signs of a real estate recovery in the Jacksonville FL area!

 

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About the Author: Sharon Alters works with her husband, Frank, and team member, Ann Dunsford Curley. They are in the top 5% real estate agents for production in the Jacksonville Florida area, specializing in Military and Corporate Relocation in the Fleming Island, Orange Park, St. Johns, St. Augustine and Beaches areas. Their local knowledge can help Relocating Buyers find the perfect lifestyle, whether it is a Castle on the Ocean, or a Cottage in the Country. 

Call/text 904-673-2308 or sharon@teamalters.com

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This post has been included in Florida Real Estate News
Post is included in group: Jacksonville, Florida Real Estate
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4 Comments on Jacksonville FL Area Sales and Prices Up

JUL
12
764,723 Points 2 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Great post Sharon!  I am happy to hear that the sales are up in Jacksonville Fl.   

9:36pm • #1
JUL
13
493,476 Points 29 Featured Posts Outside Blog Called Shot Master

Keep the good news coming. Remember the public needs to see this information, Unfortunately, they don't see enough of it.

3:01am • #2
872,158 Points 47 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Barbara, Jacksonville sales are definitely up - especially in our area. We now have a 4 month supply of houses on Fleming Island.

8:13pm • #3


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Sharon Alters 904-673-2308 Fleming Island FL Real Estate

Fleming Island, Orange Park, Jacksonville

Fleming Island, FL

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Coldwell Banker Vanguard Realty

Address: 3168 U S Highway 17 S, Fleming Island, FL, 32003

Office Phone: (904) 673-2308

Cell Phone: (904) 673-2308

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