We have good news from July!
Here are the numbers of active property listings, those under contract, and sold properties for Single Family Homes in Jacksonville Beach, FL for the month of July 2008:
- Active 319 active listings for Single Family Homes (no condos)
- Pending 3 pending (inspections & financing have been done)
- Sold 19 sold
- New Listings 54
Once again, active listings are down, not substantially, but a good 5% decrease.
The pending listings this month are UP about 30%, which is a great indicator that we've hit the bottom of the market and prices will start to increase. It also shows there are qualified buyers in the market who can get from offer to closing table; with all the turmoil in the mortgage markets, that's an important consideration.
The sold listings are also UP about 31% from 2007 to this year.
Here are the July 2007 numbers for comparison:
- Active 337 active listings for Single Family Homes (no condos)
- Pending 9 pending (inspections/financing have been done)
- Sold 13 sold
- New Listings 55
It's a great time to buy - whether for a first time homebuyer or an investor. I can show you the right home for your needs, that fits your lifestyle and budget.
If you are considering selling, contact me for a complimentary market analysis - I'll show you exactly what the competition looks like compared to your house.
Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Vanguard GMAC. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at carolzingone@clearwire.net
(Data is compiled from the Northeast Florida Association of Realtors Multiple Listing Service, and reflects Realtor sales. Sales not involving a Realtor are not included.)
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