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Neptune Beach, FL 1st Quarter 2011 Statistics

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

Here are the 2011 stats and 2010 for comparison -

2011

  • 9  Homes Sold
  • Lowest price: $169,900
  • Highest price: $617,000
  • Shortest Days on Market: 0
  • Longest Days on Market: 212

2010

  • 13 homes sold
  • Lowest price: $89,900
  • Highest price: $342,000
  • Shortest Days on Market: 0
  • Longest Days on Market: 339

So, year to year, things appear to be moving in a negative direction for Neptune Beach, with a decrease in homes sold from 13  to 9, however, look at the increase on the bottom end of the price range.  The bottom end of the price range moved up from $89,900 to $169,900 which was not reflected in Jacksonville Beach (I will write up Atlantic Beach shortly and see if we have a similar success story there).

Neptune Beach is the smallest of the beach communities, so they experience less swing in pricing and inventory than the larger communities of Jacksonville and Atlantic Beach.

Days on market is fairly flat as well. Properly priced and properly presented properties are STILL selling - currently, the Jacksonville area has about 9.39 months of inventory (housing supply), right now and homes can and do sell in very few days on market.  Neptune Beach has 15 months of inventory as I write this post, which is down SIGNIFICANTLY from March 2010, when we had 36.50 months of inventory.

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.

Ponte Vedra Oceanfront Sunrise

Posted by

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!

 

Comments (2)

Pocono Luxury Homes The Jeff Rickert Team
RE/MAX Property Specialists - Pocono Lake, PA
Poconos Luxury Homes

Thanks for the post. 

Great picture!

Good luck in your area.

Apr 29, 2011 01:39 AM
Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

Hi Carol, that's great report on your area and I love the photograph-it's beautiful!

Apr 29, 2011 03:06 AM