Here are the December 2009 stats and 2008 for comparison -
2009
- 4 Homes Sold
- Lowest price: $199,000
- Highest price: $420,000
- Shortest Days on Market: 7
- Longest Days on Market: 119
2008
- 4 homes sold
- Lowest price: $193,000
- Highest price: $600,000
- Shortest Days on Market: 70
- Longest Days on Market: 260
It is odd that the exact number of homes were sold in December of both 2008 and 2009 - however, Neptune Beach is the smallest of the beach communities, and does not have the same swings both Atlantic & Jacksonville Beach have.
The price on the low end is 3% higher in 2009 than in 2008, which is a great sign the market is stabilizing. Plus the reduction in days on market is another solid indication buyers feel the market is at the bottom.
The high sales price year to year is down by 33% year to year, which is right in line with sales prices nationally, regionally and locally, especially on the more expensive properties.
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 is still available - now is a smart time to buy!
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 carolzingone@clearwire.net
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