Jacksonville Florida Market Report
Single Family homes (attached & detached)
April 2011 April 2010
Active Listings: 6,175 Active Listings: 7,069
Sold: 732 Sold: 776
Months Inventory: 8.44 Months Inventory: 9.11
The months inventory is slowly marching down in April. In March 2011, we saw 8.94 months inventory, so slight improvement. Foreclosures and shorts sales, saw a small drop at 50.68%, from last month’s 53.21%. Last year in April, the short sales and foreclosures made up only 23.45% of the homes sold.
And now for a Blast in the Past…………..
Active Listings– The amount of active listings in the month reported
Sold– The amount of sold listings that closed in the reported month.
Months Inventory– How many months it would take to sell the current inventory based on the sold amount.
Avg Sale Price– Average sale price of the sold houses in the reported month.
SP/OLP Ratio– Sales price to Original List Price, this is the percentage showing the difference of what the house was originally listed for and what it sold for.
Days on the Market– The length of time it took the house to get under contract from list date.
Sold REO– How many homes sold that were foreclosures (REO=Real Estate Owned).
Sold Short Sales– How many homes sold, that were short sales
Want to know what these numbers mean to you when selling your Jacksonville Florida Home? Call me at 904-910-3516 and find out!