Here are the September 2009 stats and August 2008 for comparison -
- 17 Homes Sold
- Lowest price: $59,900
- Highest price: $845,000
- Shortest Days on Market: 0
- Longest Days on Market: 706
- 7 homes sold
- Lowest price: $82,500
- Highest price: $890,000
- Shortest Days on Market: 29
- Longest Days on Market: 167
Similar to Jacksonville Beach, lots of good news to report this month. The low end prices are not drastically different year to year, although it's still a 27% decrease which is exactly what we have been seeing pretty much across the board.
The year to year homes sold increased 142% which is fabulous. The days on market has, for the most part, decreased. A word about the 706 days on market on one of those listings: agents handle their listings differently, but this clearly shows a property that started out overpriced, and attempted to chase the market. Once you are behind, the only way to get ahead is to aggressively lower your price so you are one of the top 3 priced properties in your area.
If you are ready to list your home, call me for a comparable market analysis to see what price range you should list in, and to learn more about what sets myself and Prudential Network Realty apart from the competition.
And, if you are a 1sttime homebuyer, act now, while interest rates are below 5%, and the $8K tax credit deadline is quickly approaching.
Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Prudential Network Realty. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at firstname.lastname@example.org