Watermill Quarterly Real Estate Report

Jacksonville real estate sales activity for Watermill

Watermill 4th quarter 2008 real estate report                         

Home sales in Watermill remain slow but homes that represent the best values are still selling. Correct pricing, proper conditioning and aggressive advertising make up the 3 most important factors in getting homes sold in todays market.

Buyers should be taking advantage of the best buyers market in years. Low interest rates of 4.5% to 5%, low home prices and high inventory levels equate to some fantastic deals.....and the timing may never be as good as now. Buy low and sell high is the formula for success. Don't wait until prices and interest rates start back on an upward trend before buying. 

Currently in Watermill there are 47 active listings.

In the last 3 months 11 homes have SOLD:

Highest price $226,000      4 bedrooms, 2 bathrooms 2274 square feet

Lowest price $135,000       3 bedrooms, 2 bathrooms 1648 square feet

The average price per square foot SOLD is $86.53

Currently there are 5 homes "Pending" (under contract for purchase)

Highest asking price Pending $209,900, 5 bedrooms, 3 full baths and 2966 square feet

Lowest asking price Pending $169,000, 4 bedrooms, 2 baths and 2123 square feet

The average asking price per square foot PENDING is $87.01

To find out what your home is worth go to: Watermill Home Values

Search homes for sale in Jacksonville, Orange Park and Northeast Florida go to: Home Search  

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Available Homes in Watermill:

Fallsmill Dr

3/2   1635 square feet

$195,000

Redleaf

4/2   1721 square feet

$176,300

Sharnbrook

4/3   2324 square feet

$199,900

 Staples Mill

3/2   1900 square feet

$189,900