Here are the January - June 2010 stats and 2009 for comparison -
2010
- 91 Homes Sold
- Lowest price: $87,500
- Highest price: $1,000,000
- Shortest Days on Market: 1
- Longest Days on Market: 650
2009
- 74 homes sold
- Lowest price: $108,000
- Highest price: $1,500,000
- Shortest Days on Market: 1
- Longest Days on Market: 843
Homes sold year over year are UP about 23% year over year, which is the best year to date performance of improvement when comparing Atlantic, Neptune & Jacksonville Beach.
Pricing is actually fairly even, again, when compared with the other beaches communities (for clarification there are no condos included in these numbers, these are solely single family homes).
Also the longest days on the market in both years do not belong to the highest priced property - in this year, for instance, it belongs to one of the LOWEST priced properties. How does this happen? Simple: the listing starts out overpriced, does not get shown, and the seller continues to lower the price to attempt to be competitive, but at that point, the perception is the listing is either overpriced or has something major wrong with it.
Properly priced and properly presented properties are STILL selling - currently, the Jacksonville area has about 10 months of inventory (housing supply), and homes can and do sell in very few days on market.
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.
If you or someone you know is considering a short sale, please have them contact me for a no-obligation confidential interview about their current situation and how best for them to move forward. I hold the Certified Distressed Property Expert, and am one of a mere 18,000 who do so - I can help salvage their credit, and their future.
Carol Zingone is a Broker Associate with Prudential Network Realty. Recently honored as the Realtor of the Year for Northeast Florida - an award based on community service, professional qualifications and other attributes, Carol 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.
Comments(0)