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Orange Park Real Estate Market Report February 2016

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Real Estate Agent with All Real Estate Options

Orange Park Real Estate Market Report February 2016

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Less inventory last month versus inventory levels in February 2015. We did see a slight negative in the median sales price in Orange Park. Not too crazy, but still a negative. If you would like to know what these stats mean, scroll below the chart to find out.

All neighborhoods are different, so if you're considering seller and want to know what you can sale in today's market, click on the following link: What's my Orange Park Florida Home Worth?

If you're a buyer looking in the Orange Park area and want to search for homes, the next link is for you: Search for Homes in Orange Park Florida

op feb 2016

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 145,000 and the other half were less than 145,000.

Month's Inventory: Based on the number of actives and homes that have sold it would take 4.0 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.

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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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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.