Here are the 2012 stats and 2011 for comparison -
2012
- 20 Homes Sold (February=8)
- Lowest price: $85,000 (February =$85,000)
- Highest price: $257,731 (February =$575,000)
- Shortest Days on Market:2 (February =9)
- Longest Days on Market: 501 (February =224)
2011
- 13 homes sold (February =14)
- Lowest price: $70,500(February =$51,500)
- Highest price: $330,000 (February =$1,250,000 )
- Shortest Days on Market: 3 (February =5)
- Longest Days on Market: 248 (February =764)
Do you need more numbers to show the market is stabilizing? Sales are up month over month (150%), and year over year (53%). Lowest priced home sold is flat month over month, and up year over year (20%). Days on market (from the time a listing is new to the time it is sold and new owner takes possession) is tightening up as well.
If you are looking to buy, now is a fantastic time with low interest rates, and excellent properties available. If you wait too much longer, you may find that house you loved has more than one offer, and will sell for more than list price.
Jacksonville Beach is a fabulous beaches community. As the largest of the beach cities, we have more entertainment/nightlife and public access with parking for beach access.
Properly priced and properly presented properties are STILL selling – currently, the Jacksonville area has about 8.95 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 5.90 months of homes for sale.
If you are ready to list your home, please call me for a market analysis to see what your current equity position is in your home.
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 35,000 who do so – I can help salvage their credit, and their financial future.
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