May 2015 Homes Sold Jacksonville Beach, FL

By
Real Estate Agent with Berkshire Hathaway Home Services Florida Network Realty BK 3030920
Here are the May 2015 homes sold in Jacksonville Beach, FL. This report includes all single family homes, and do 
 
May 2015
  • Homes Sold:                                             38
  • Highest Sold Price:                                    $875,000
  • Lowest Sold Price:                                     $140,000
  • Highest Sold Days On Market:                    355
  • Lowest Sold Days On Market:                     11
  • Sold Prices per Square Foot:                      $101 - $278 (high end for new construction)
 
Here are the same statistics for May 2014, for comparison: 
  
May 2014
  • Homes Sold:                                             33
  • Highest Sold Price:                                    $525,000
  • Lowest Sold Price:                                     $72,000
  • Highest Sold Days On Market:                    216
  • Lowest Sold Days On Market:                     0
  • Sold Prices per Square Foot:                      $78 - $227 (high end typically for newer construction) 
 
This shows a 15% year over year increase in homes sold in Jacksonville Beach, FL, which is certainly healthy.  It also seems to show a 66% growth in the price point of primarily newer construction, however, I would not state that is the case in 100% of the homes.  It also seems to show the lower end has grown 194% - however, once again, I would not state that is the case categorically.  I believe this is more a case of there being fewer homes on the market, and the lower inventory levels driving prices up.    
 
The newer construction costs seem to have increased by approximately 22% per SF, which is probably pretty accurate: once again, when we have a shortness of inventory, and an increase in new construction to fill the demand, you'll see the construction costs increase. 


If you are a buyer in today's market, the lower number of homes for sale means you MUST have a pre approval letter to submit with your offer.  You should also be prepared to offer close to list price if not at list price (of course, this depends on property condition and location). Some of the lower priced properties are selling for more than list price in our current market. 
 
If you are a seller in today's market, you should be prepared to have your house SHINE for pictures, be 100% prepared for showings the first few days on market, and have your next destination secured to ensure a smooth closing. 
 
If you are ready to sell your home at the Jacksonville Beaches, please contact me for a complimentary analysis - my last two listings were under contract within the first two weeks, so I can help you get to your next home!
 
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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Tags:
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Ambassador
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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 information!

BTW, here is information on where I purchase that purple rice powder

https://www.facebook.com/groups/karespurplericeeaters/

Jun 24, 2015 08:34 AM #1
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Carol.  Great update and information for Jacksonville Beach buyers and sellers.

Jul 16, 2015 09:12 PM #2
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Carol Zingone

Global Realtor in Jax Beach, FL - ABR, CRS, CIPS
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