View Timothy H. Fennell, P.A.'s Market Videos
Click the link above for additional market activity updates for several specific communities including Ponte Vedra, Nocatee, Julington Creek, Intracoastal West area and Mandarin.
Jacksonville Real Estate Market Update - July 2014
Overall, the number of active listings was down 2 percent from the previous year and down 8 percent from June 2014. Decreased inventory is good for sellers as it facilitates an increase in price due to laws of supply and demand. Not surprising, with the number of listings down and number of buyers up and the number of days on market down about 7 percent from the previous year, the Jacksonville market saw an increase in the number of units sold of about 16 percent year over year. For more information provided visually, be sure to watch the short video above.
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