Neptune Beach, FL January 2012 Homes Sold Report

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

 
 

Here are the 2012 stats and 2011 for comparison -

2012

  • 4 Homes Sold (December=7)
  • Lowest price: $125,000 (December =$69,000)
  • Highest price: $380,000 (December =$620,000)
  • Shortest Days on Market:6 (December =2)
  • Longest Days on Market: 590 (December= 431)

Sunrise Neptune Beach


2011

  • 4 homes sold (December =7)
  • Lowest price: $169,900 (December =$193,000 )
  • Highest price: $619,000 (December =$1,850,000)
  • Shortest Days on Market: 0 (December 10)
  • Longest Days on Market:192 (December =620)

Sales are down month over month, but flat year over year. Pricing looks like a ping pong ball, mainly due to Neptune Beach being the smallest of the beaches communities, and having greater pricing stability. Days on market reflects slight improvement at the lower price point, especially year over year.  As I have noted before in market reports, the longest days on market is NOT the highest priced property, it’s typically the lowest, which started out too high for condition and market perception.  

Properly priced and properly presented properties are STILL selling – currently, the Jacksonville area has 10.95 months of inventory (single family housing supply), which is not the highest figure of the year. Neptune Beach has 11 months of inventory as I write this post. This is really due to the decrease in sales, and most likely nothing more than that (as in, don’t worry).

If you are ready to list your home, call me for a comparable market analysis to see what your equity position is in your current property.    

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 35,000 who do so – I can help salvage their credit, and their financial future.

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!

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
Florida Duval County Neptune Beach
Groups:
Realtors®
All Things Florida
City and State
Local Expert
Market Reports
Tags:
days on market
homes sold
short sales
atlantic beach
jacksonville beach
neptune beach

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,182,245
Adrian Willanger
206 909-7536 AdrianWillanger-broker.com - Seattle, WA
Profit from my two decades of experience

Carol-You make a great point about neighborhood pockets and if properties are priced and marketed correctly they will sell. Thanks for the Neptune Fl. market update.

Feb 20, 2012 06:30 AM #1
Rainmaker
1,729,603
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Carol.... One of your best photos ever!  Nice market report ...have a great night!

Feb 20, 2012 08:18 AM #2
Rainmaker
5,621,181
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good morning, Carol.  Thanks so much for sharing your beautiful photographs. 

Home buyers will love your very affordable prices to be combined with record low mortgage interest rates.

Feb 21, 2012 07:21 PM #3
Rainmaker
1,104,226
Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

Terrific photo Carol, than "you could be living here" tag is a nice touch.

Feb 23, 2012 02:47 AM #4
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Carol.  I wish your market was as beautiful as the picture.  Good luck.

Feb 23, 2012 08:23 PM #5
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
791,065

Carol Zingone

Global Realtor in Jax Beach, FL - ABR, CRS, CIPS
Questions About FL, Beaches Homes? Ask Me!
*
*
*
*
Spam prevention