Fleming Island Real Estate Market Report December 2015

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Real Estate Agent with All Real Estate Options

Fleming Island Real Estate Market Report December 2015

Gazebo in Fleming Island Plantation, Fleming Island Florid

Crazy how the numbers can change so quickly in just a month. If you look at the Fleming Island Real Estate Market Report from last month, you'll see that Fleming Island was experiencing a balanced market. This month we see it leaning into a seller's market. Look at that median sales price in December 2015, vs December 2014. Yikes! Negative 29k! Don't let that put fear into your heart, as one month doesn't determine how the market is fairing.

For more information about what these stats mean, scroll below for definitions. If you're wanting to know what you're home can sell for in today's market, click on the following link: What’s my Fleming Island Florida Home Worth?

If you're wanting to buy and want to see how that scenario is playing our, click the following link: Search for Homes in Fleming Island Florida

fi dec 2015

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 206,350 and the other half were less than 206,250k.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 4.58 months to sell the active homes, if no other homes came on the market. How to determine what type of market we are experiencing:

Buyers’ Market: More than 7 months of Inventory

Balanced Market: From 5-7 months of Inventory

Sellers’ Market: Less than 5 months of inventory

Average Days on the Market: This is the average based on the time the house came on the market until is went under contract.

Original List Price to Sales Price: This is the percentage of what the home sold for compared to what it was originally listed for. Not what it was listed for at the time it went under contract.

What’s my Fleming Island Florida Home Worth?

 

Originally Posted at: Northeast Florida Life

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Pam lists and sells homes in Jacksonville, Orange Park, Green Cove Springs, Fleming Island, Middleburg,Ponte Vedra, Atlantic Beach, Neptune Beach, Jacksonville Beach, Orangedale, Fruit Cove, Switzerland and St Johns County Florida.

Are you facing foreclosure? Call Pam at 904-910-3516 to discuss your options.

Pam Graham with All Real Estate Options handles Jacksonville Florida short sales, Orange Park Florida short sales, Fleming Island Florida Short sales, Middleburg Florida short sales, Green Cove Springs Florida short sales, St Johns County Florida short sales, Ponte Vedra Florida short sales, St Augustine short sales, Palm Valley short sales, Duval County Florida short sales and Clay County Florida short sales.

 

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Mortgage Assistance Relief Services Disclosure

ALL Real Estate Options is not associated with the government and our services have not been approved by the government or your Lender. If you stop paying your mortgage you could lose your home and damage your credit. Your Lender may not agree to the change of your loan and/or a Short Sale.With a Short Sale, there are no guarantees offered and we cannot provide legal advice. Seek legal advice.

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Florida Clay County Fleming Island
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Pam Graham

Jacksonville, Clay & St Johns Counties
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