Atlantic Beach, FL February 2012 Homes Sold

By
Real Estate Agent with Berkshire Hathaway Home Services Florida Network Realty BK 3030920
https://activerain.com/droplet/yWy

 Here are the 2012 stats and 2011 for comparison -

 

2012

  • 17 Homes Sold (January=7)
  • Lowest price: $43,000 (January =$95,000)
  • Highest price: $1,850,000 (January =$585,000)
  • Shortest Days on Market:9 (January =20)
  • Longest Days on Market: 559 (January =661)

 

Atlantic Beach Sunrise

2011

 

  • 11 homes sold (January =9)
  • Lowest price: $29,500 (January =$44,000)
  • Highest price: $950,000 (January =$715,000)
  • Shortest Days on Market: 0 (January =9)
  • Longest Days on Market: 500 (January =264)

 

Sales are up, both month over month and year over year, which is great news, and consistent with what I’ve seen in both Jacksonville & Neptune Beach. The price point on the lower end is gaining greater traction, particularly if you look at last February to this year, that is a nice gain.

Days on market has not improved as much as I would have liked to see, on the longer side, the number is down somewhat, but I would consider it essentially flat.  Once again, the longer days on market is not due to higher priced properties, but rather improperly priced and presented lower end properties.

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 7.11 months of inventory (housing supply), right now and homes can and do sell in very few days on market.  Atlantic Beach has 4.40 months of inventory as I write this post, which is the lowest inventory level since December 2005!

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

 

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.

 

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!

 

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Topic:
Home Selling
Location:
Florida Duval County Atlantic Beach
Groups:
All Things Florida
City and State
Local Expert
Market Reports
Sunrises and Sunsets
Tags:
neptune beach
atlantic beach homes sold
lowest inventory since december 2005
jacksonvillle beach

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Rainmaker
592,790
Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

That is a wide range in sales prices.

Great photograph, btw.

Apr 18, 2012 05:36 AM #1
Rainmaker
674,227
CA COASTAL ESTATES Lauren Selinsky Perez CRS
California Coastal Estates - Aliso Viejo, CA
"Your Real Estate Broker" #oclauren

Sales going up is great! ;)

Apr 18, 2012 02:27 PM #2
Rainmaker
2,303,025
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Great photo and continued good news on the real estate sales front. Keep on sharing good news with all of us.

Apr 18, 2012 09:22 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

Nice market report Carol, average days on market here is being impacted by the increased activity since some properties that have been on the market for years are now selling.

Apr 18, 2012 09:23 PM #4
Rainmaker
1,204,819
Tony & Darcy Cannon
Aubrey and Associates Realty - Layton, UT
The C Team

Carol, That is a nice market report!  The photo accompanying it is amazing!  Wow!!

Apr 19, 2012 06:14 AM #5
Rainmaker
791,065
Carol Zingone
Berkshire Hathaway Home Services Florida Network Realty - Jacksonville Beach, FL
Global Realtor in Jax Beach, FL - ABR, CRS, CIPS

Than: Thanks! I enjoy snapping sunrise shots!

Lauren: Now we just have to get the media to report increasing sale!

Joe: Thanks & I will.

Al: Hope your inventory situation is mirroring ours, which is decreasing...could mean more substantial price increases soon.

Tony: Thanks!

Apr 19, 2012 09:17 PM #6
Rainer
62,619
John Wingate
EXIT Shore Realty - Salisbury, MD
Salisbury MD Real Estate, 302.339.5185, Salisbury, MD Homes

Gorgeous picture! thanks for posting :)

I enjoying seeing beautiful pictures.

May 02, 2012 08:01 AM #7
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Rainmaker
791,065

Carol Zingone

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