Jacksonville Beach Market Data 9/07

By
Real Estate Agent with Berkshire Hathaway Home Services Florida Network Realty BK 3030920

Here are the numbers of active property listings, those under contract, and sold properties for Single Family Homes in Jacksonville Beach, FL for the month of September 2007:

                             Active     278 active listings for Single Family Homes (no condos)

                            Pending    17 pending  (there is a contract and inspections/financing have been done)

                            Sold         5 sold (prices ranged from $165,000 to $1,850,000)

Roughly, this translates to 8% of active listings going to sold during the month of September 2007.

Let's see what the numbers looked like in September 2006 to see what the true impact is.

                            Active     142 active listings for Single Family Homes (no condos included)

                            Pending    18 pending  (there is a contract and inspections/financing have been done)

                            Sold         19 sold (prices ranged from $173,000 to $465,000)

These numbers show that approximately 13% of the active listings sold during September 2006.  So, we've seen listings going to closing decrease by 5%, and the supply of homes increase by almost 50%. 

How can consumers use this information to their advantage? If buying, it's obvious the supply of homes has increased dramatically in 2007 compared to 2006.  Shop around, and ask your Realtor to research the houses you are most interested in to know how long they have been on the market.   If you are selling, ask your Realtor to provide you with properties that have sold that are the most similar to yours.  Your property will need to be priced right and presented right to grab attention in this market.

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Carol Zingone is a full service Broker Associate proudly affiliated with Berkshire Hathaway HomeServices Florida Network Realty in Atlantic Beach, FL.  I help buyers and sellers locally, regionally, and internationally.  With hundreds of happy buyers and sellers over the course of my career, I'm thrilled to help first time buyers, military buyers, seniors, investors, 1031 exchange properties, short sales and REO's.  I have spent hours honing my expertise, including the designations of: Graduate Realtor Institute (GRI), Loss Mitigation Certification (LMC) , Short Sales, Foreclosures, REO's, (SFR), and Senior Real Estate Specialist (SRES).  I pride myself on providing excellent expertise to all buyers and sellers. Search the MLS via www.carolzingone.com  for Jacksonville and area listings!

 

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Rainer
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Billnulls Blog Florida Realty Professional
Charles Rutenberg Realty - Clearwater, FL
AHWD
more stats - love to compare these things! thanks!
Oct 02, 2007 08:59 AM #1
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Carol Zingone

Global Realtor in Jax Beach, FL - ABR, CRS, CIPS
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