Jacksonville Fl Real Estate Market Report October 2018

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Real Estate Agent with All Real Estate Options

Jacksonville Fl Real Estate Market Report October 2018

Again, another month where we see the inventory levels coming up. This will give buyers more homes to choose from. I'm even seeing that in the lower price points of 200k and below.

Some sellers think they can over price their listing, even with the home not updated or in tip top shape, and it will still sell, but buyers aren't having it. They are expecting more bang for their buck, so sellers you need to have your home in great shape or buyers will not give your home the time of day.

You might be wondering if these numbers apply to your home, but each neighborhood is different, so if you're thinking of selling and want to know more click:

  What is My Jacksonville Home Worth?

 

 

If you're a buyer and want to see what homes are available in Jacksonville, click the following link: Want to Search for Homes in Jacksonville Florida?

 

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 199,000 and the other half were less than 199,000.

Month's Inventory: Based on the number of actives and homes that have sold it would take 3.47 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.


 

Sellers:

What's my Jacksonville Florida Home Worth?

Buyers:

Homes for sale in Northeast Florida

 

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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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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Topic:
Real Estate Market Trends
Location:
Florida Duval County Jacksonville
Tags:
homes for sale in jacksonville florida
jacksonville florida real estate market

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Rainer
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Ben DeHaven
Haven Realty & Investments - Winter Haven, FL
Proudly serving Winter Haven & Lakeland, Florida

Great report for the Jacksonville area. Thanks for sharing.

Feb 06, 2019 08:34 AM #1
Rainmaker
307,734
Pam Graham
All Real Estate Options - Jacksonville, FL
Jacksonville, Clay & St Johns Counties

Thanks Ben DeHaven, I appreciate your comment!

Feb 06, 2019 09:31 AM #2
Rainer
474,171
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Feb 06, 2019 10:35 PM #3
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Rainmaker
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Pam Graham

Jacksonville, Clay & St Johns Counties
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