Here are the 2011 stats and 2010 for comparison -
- 16 Homes Sold (November=7)
- Lowest price: $48,000 (November =$60,250)
- Highest price: $585,000 (November =$940,000)
- Shortest Days on Market:6 (November =27)
- Longest Days on Market: 215 (November =332)
- 10 homes sold (November =16)
- Lowest price: $71,100 (November =$39,900)
- Highest price: $2,400,000 (November =$2,850,000)
- Shortest Days on Market: 2 (November =3)
- Longest Days on Market: 214 (November =537)
Sales are up impressively, consistent with Jacksonville Beach. Pricing does not show much positive variation, but Atlantic Beach has quite a bit of difference between home locations, and the lower price points are most likely in less desirable areas. Days on market is fairly flat; I’m impressed with the decrease in the longest days on market.
Atlantic Beach is the northernmost of our beaches communities here in the Jacksonville Beaches area, and many residents enjoy the pedestrian feel of the town, with Town Center’s restaurants and shops so close by.
Properly priced and properly presented properties are STILL selling – currently, the Jacksonville area has 7.75 months of inventory (housing supply), right now and homes can and do sell in very few days on market. Atlantic Beach has 6.65 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.