Here are the 2011 stats and 2010 for comparison -
2011
- 32 Homes Sold
- Lowest price: $29,500
- Highest price: $950,000
- Shortest Days on Market: 0
- Longest Days on Market: 500
2010
- 47 homes sold
- Lowest price: $48,000
- Highest price: $3,200,000
- Shortest Days on Market: 0
- Longest Days on Market: 952
So, year to year, things appear to be moving in a negative direction for Atlantic Beach, with a decrease in homes sold from 47 to 32, which is 31% (and very similar to Neptune Beach). I don't have the same positive news on the pricing front as I did in Neptune Beach, and the year over year increase isn't the same as Jacksonville Beach, but we do still have a reduction in days on market, which is a good indicator.
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. Atlantic Beach has 11.25 months of inventory as I write this post.
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.
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