How's the real estate market in Jacksonville Florida?

By
Real Estate Agent with Berkshire Hathaway HomeServices Florida Network Realty

Right now the real estate market in Jacksonville Florida is favoring sellers. Interest rates are crazy low and home inventory levels have shrunk mainly die to the Covid 19 crisis. However, buyers are out in full force looking for homes to purchase. In many cases sellers are seeing multiple offers and going under contract in days. The Covid crisis made some home sellers remove their homes from the market and delayed others from listing. The fact is, in Northeast Florida housing inventory is at a low of 3.5 months. 6 months of inventory is considered a balanced market. We know the market is hot for home sellers right now so I would encourage anyone thinking of putting thier home up for sale to do it now. We don't know what the market will be like a year, 6 months, a month or even tomorrow.

 

Mike & Cindy Jones, Realtors
904 874-0422
MikeAndCindyJones.com

Berkshire Hathaway HomeServices Florida Network Realty

 

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Topic:
Real Estate Market Trends
Tags:
realtors
real estate market
real estate
berkshire hathaway real estate
mike cindy jones
should i sell my house now or wait
selling a house in jacksonville florida
selling a house during covid 19

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Rainmaker
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Sara Wagner
The Woodland Companies - Adams, WI
Stevens Point Rentals

Thanks for sharing the information on this community, I hope you sell many of these homes. 

Sara

May 27, 2020 11:18 PM #1
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Rainmaker
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Mike & Cindy Jones

Real Estate - (904) 874-0422 - Jacksonville, Fl
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