Jacksonville, FL Beaches Market Update, August 2013

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

The Beaches"

*Market Update

Residential

Units

 

 

 

 

Aug. '11

Aug. '12

Aug. '13

Aug. '13 vs Aug. '12

         

New Listings

168 

189 

222

+17%

Sold Listings

132 

136 

171

+26%

Total Active

 925  

 713 

657

- 8%

Months Inventory

7.01 

5.24 

3.84 

- 27%

 

 

 

 

Residential Recap :

August 2013 vs August 2012

(year over year)

 

 

Did you know...

"The Beaches" residential market offering less than 750 houses active for sale each of the last 12 months.

Adding 222 new listings this month.  Residential Single family home inventory continues to be less than 4 months. Market is posturing for a slight rise of inventory. Interest rates are on the move up, refinancing has slowed measurably.  Helping "unclog" the loan processing, approval and closing timelines.

 

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"The Beaches"

*Market Update

Condominium

Units

 

 

 

 

 

 

Aug. '11

Aug. '12

Aug. '13

Aug. '13 vs Aug. '12

         

New Listings

   69 

  59

  75

 +27%

Sold Listings

   43 

   39

   48 

  +23%

Total Active

 358

 287

 219 

 - 24%

Months Inventory

 8.33  

7.36 

 4.56 

 - 38%

 

 

 

 

 

 

 

 

 

 

Condominium Recap 

August 2013 vs August 2012

(year over year)

 

 

Did you know...

 

 

Active listings in "The Beaches" Condo market operating at approx 60% the number of units as two years ago. Continuing to sell approx. 20% of the Listings monthly.

 

Defined by MLS areas 21-26 Residential & Condominium

Information obtained from MLS September 13, 2013

 

Information provided for REALTORS, Clients and Customers.

Please feel free to share with above MLS data disclaimer.

 

 

 

 

 

 

 

"The Beaches" market Atlantic Beach, Neptune Beach, Jacksonville Beach, Ponte Vedra Beach.

 

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!

 

Comments (11)

Pam Graham
All Real Estate Options - Jacksonville, FL
Jacksonville, Clay & St Johns Counties

Wow, 3.84 months inventory. Looks like a hot seller's market over there on your side of the water. :)

Sep 18, 2013 06:37 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Carol - Thank you for sharing an excellent blog about Jacksonville, Florida beaches market update August 2013.

Sep 18, 2013 08:53 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Carol, great time to be a seller in your neck of the woods! Enjoy your day!

Sep 18, 2013 09:43 PM
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Carol, great market update with supporting data showing home prices is going up years after years.  

Sep 19, 2013 08:30 AM
Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

Excellent market report Carol, great to see the markets getting more balanced.

Sep 19, 2013 10:15 PM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

There you have it (cymbals crash) the full meal deal on The Beaches reporting for real estate activity.

Sep 21, 2013 09:49 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Carol, Those numbers are looking really good and have got to make you fell like the market is healing. Have a great week.

Sep 22, 2013 11:19 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Carol,

Glad to see your market is headed in the right direction!

Sep 22, 2013 10:50 PM
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Hey Carol-what a difference a couple years makes, that low inventory is a little scary though!

Sep 23, 2013 03:35 AM
Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

Carol, I like your market report; easy to comprehend.

Sep 23, 2013 07:45 AM
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Great market report once again, Carol. Thanks for sharing your information with us.

Sep 24, 2013 02:26 AM