jacksonville real estate: Jacksonville Condo Market has a pulse after all!
- 12/14/11 06:28 PM
Our condo market in Jacksonville Florida is on the road to recovery! It's been on life support for the past few years and there were several "code blues" along the way. I'm happy to report that the patient's condition has been upgraded from critical to fair condition! The numbers don't lie. Our inventory of condos in the Jacksonville market is down. Our inventory is down a whopping 44.2%. Our number of available units has dropped to 1086. This means that our market is down to a 5.4 months supply of condos! Wow. This is down to a "normal market" number. … (2 comments)
jacksonville real estate: Jacksonville Beaches Market Update
- 11/30/11 08:40 AM
As they say, "the numbers don't lie". The Beaches area markets are all over the place! Without giving out TMI (too much information), I'll give you the hightlights and the lowlights of the Beaches market. I'll give you the condensed version. Jacksonville Beach has fewer listings than it did in Oct 2010 (-31.7%) but the median sales price was up 9.1% ($232,300.00) over October 2010. Year to Date in Jax Beach median sale price is up only 1.4%. BUT---the key word here is UP! Inventory is down 24.3% from the same time last year. We are down to a 7 month … (3 comments)
jacksonville real estate: Is it my rose colored glasses? Or is the Jacksonville Market coming back?
- 11/27/11 12:58 PM
While the numbers are still a little disappointing, I can see a little light at the end of the tunnel! Did I say light? I really meant that I see a flicker... The numbers year over year in this market are very encouraging. They're still not as great I'd like, but they are definitely encouraging. In October of 2010 there were 953 closings. In October of 2011 there were 1063. Huge difference? No, but certainly going in the right direction.Right now we have 1322 listings that are in "pending" status versus 991 this time last year. The number of … (0 comments)
jacksonville real estate: Welcome to Magnolia Properties of Jacksonville (Homes - sales and property management)
- 11/22/11 08:00 AM
Living in Jacksonville, Florida, is something to be truly thankful for! As I walked along our beautiful beaches in South Jacksonville Beach this morning I had to reflect on the positive changes I see taking place in our real estate market. Inventory is lower than I have seen it in such a long time. Movement in the upper price ranges is steadily picking up and prices seems to have stablized - even apparently rising in some places. I see the price trend increasing in Ponte Vedra, along the oceanfront, and in Marsh Landing on a recent house hunting expedition for a … (0 comments)
jacksonville real estate: Grateful in Jacksonville
- 11/21/11 04:01 PM
I am grateful this Thanksgiving. I am grateful for the people I am blessed to work with and to have work to do. I am grateful for the sense of honor and pride taken in the jobs that my teammates take in their every mindful of "customer first". I am grateful to live in a city that values kindness and hospitality. Jacksonville is one of the friendliest cities, even in the part of the country known for hospitality. I am grateful to live in a state that is known for its sunny days, mild winters, fabulous waterways and ocean. On a … (0 comments)
jacksonville real estate: Ibis Point Home For Sale 2062 Spoonbill St Jacksonville 32224
- 11/17/11 07:58 AM
Fantastic short sale in deed restricted community in desireable area of Jacksonville. Easy commute to any location in town. This beautiful home has 3 bdrms 2bths and is 2140 square feet. This home is near the ocean,located in a prestigious public school district. It's nestled on a quiet cul-de-sac with middle island. The lot is beautiful and the bright and airy home is in great condition This is the perfect floorplan! Beautiful Pergo flooring is throughout most of the home (no carpet). The home has a screened porch and a fenced yard. This is just one of the 236 active listings … (5 comments)
Facts and maybe a little fiction about the current Jacksonville market. More than stats and facts, we offer observations on the Northeast Florida real estate market and much more.
Our condo market in Jacksonville Florida is on the road to recovery! It's been on life support for the past few years and there were several "code blues" along the way.
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