Here are the August 2010 stats and 2009 for comparison -
2010
- 3 Homes Sold
- Lowest price: $241,000
- Highest price: $595,000
- Shortest Days on Market: 7
- Longest Days on Market: 218
2009
- 7 homes sold
- Lowest price: $99,900
- Highest price: $425,000
- Shortest Days on Market: 2
- Longest Days on Market: 334
I just blogged about Jacksonville Beach yesterday, and there we have a 28% year to year increase in homes sold, so this is surprising. However, Neptune Beach is the smallest of the beach communities, and therefore, has a smaller supply of entry level/first time buyer homes.
Year over year, while home sales are down a whopping 42% year to year, but look at the increase on the low end of the price range, there is a HUGE increase from $99,900 to $241,000 this year, and the increase in the high end of the price range is very encouraging.
Days on market is flat on the shortest period, and down impressively on the longest period, also a great sign.
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.
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