Atlantic Beach, FL January 2011 Statistics

Here are the 2011 stats and 2010 for comparison -

2011

• 9  Homes Sold
• Lowest price: $44,000 ($25,000– 2010 Year In Full)
• Highest price: $715,000 ($3,200,000– Year In Full)
• Shortest Days on Market: 9 (0 – 2010 Year In Full)
• Longest Days on Market: 264 (952 – 2010 Year In Full)

2010

• 11 homes sold
• Lowest price: $48,900 ($44,900– 2009 Year In Full)
• Highest price: $1,560,000 ($2,650,000– 2009 Year In Full)
• Shortest Days on Market: 0 (0 – 2009 Year In Full)
• Longest Days on Market: 952 (1247 – 2009 Year In Full)

Now, when I posted Jacksonville Beach data, I started with a WOO HOO!  When I posted Neptune Beach, I could not state the same when it came to a sales increase year over year.

BUT, Atlantic Beach is demonstrating price increases year over year, as well as some amazing consistency on the lower end, both of which are solid statistics demonstrating market stability. Once again, as stated in my blogs about Jacksonville Beach, FL,  and Neptune Beach, FL the media has a tendency to report on a regional, statewide or national basis, and the challenge for us is we get “pulled” into the rest of the state, which is not always accurate.

To see a price increase is akin to seeing a unicorn – few and far between. Atlantic Beach is the middle sized beach community in terms of total population and housing units. This report is solely based on single family housing (which can include townhomes and other attached housing).

Days on market has decreased, which is a second unicorn.  Properly priced and properly presented properties are STILL selling – currently, the Jacksonville area has about 14 months of inventory (housing supply), right now 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.   Our home sales in our Atlantic Beach office are up 26% comparing 2010 to 2009, so we know how to sell homes.

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 financial future.