Latest Market Report for the Jacksonville NC Real Estate Market

Real Estate Broker/Owner with Home Search Real Estate 263577

I just issued the November 2012 - Real Estate Market Report for Jacksonville NC

The first page is a Summary Page that gives you an overall view of what is happening with real estate in the Jacksonville NC Metro Area. If you check out each month's Market Report, you will also be able to compare this month's Market Report with the previous months to see if there are any trends.

This month's report shows the breakdown by area with the number of homes sold and the number of homes available for sale in each area. The report also shows the average selling price and Days on Market for each area. 

The second page of the report shows a price breakdown and how homes for sale did based on their price range. Each price range shows number of sales, total active listings, what type of market in each price range and total number of homes sold for the year in that price range.

Data was gather from the Jacksonville MLS and is based on the sales and listings of new and existing single family homes in Onslow County (Areas 1-7). To receive the complete report, click on the link below: 

  Download Nov 2012 Market Report

Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

So -- what are your predictions for 2013.  We are cautiously optimistic here in New Hampshire.  I'm not sure what inventory may be lurking around though.

Dec 09, 2012 11:02 AM
Walter Whitehurst
Home Search Real Estate - Jacksonville, NC
Walter Whitehurst

We are a military market, that has been protected from the real estate downturn the rest of the nation went thru 2008-2012, we are in a market where the new homes are still selling pretty good, but the exisitng home sales are really hurting.

Since most homes are purchased with 100% VA loan, we are starting to see more and more foreclosures and short sales. Military families are not able to wait for their homes to sell, it is either sell quickly or rent them. The rental market is being flooded with rentals, causing landlords to reduce their rent to attract renters. 

I see the new home market slowing some as builders cut back on specs and do more pre-sells. Short sales and foreclosures will continue to increase - it will depend on how much they cut back on military budgets after 2013.

Dec 09, 2012 11:58 AM