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Jacksonville Beach, FL January - June 2011 Home Sales
Here are the 2011 stats and 2010 for comparison -
2011
118 Homes Sold Lowest price: $28,500 Highest price: $1,250,000 Shortest Days on Market: 0 Longest Days on Market: 804
 
2010
103 homes sold Lowest price: $146,000 Highest price: $1,000,000 Shortest Days on Market: 1 Longest Days on Market: 665  
Ok, I’m not happy to see the lowest price home sold for less year over year, but I also know that particular home was a cash only purchase, small, as-is house, that has been on the market, off and on, for the better part of 4 or so years. I just checked the MLS history on that particular house, and it was first listed for $115K in 2007! I’m also not happy about the days on market, as both Atlantic & Neptune Beach had reduced days on market, and so far this year, Jacksonville Beach has too.
However, home sales themselves are up 15% year over year, and the highest price home sold is up 25% year over year, both positive indicators.
Properly priced and properly presented properties are STILL selling – currently, the Jacksonville area has about 8.12 months of inventory (housing supply), right now and ... more

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