Jacksonville Florida Market Report
Single Family homes (attached & detached)
August 2011 August 2010
Active Listings: 5,567 Active Listings: 7,332
Sold: 658 Sold: 692
Months Inventory: 8.46 Months Inventory: 10.6
In August 2010, we saw a jump in the sold foreclosure activity from previous months in 2010. From 95 sold foreclosures in Jacksonville in July 2010, to 229 in August 2010. August 2011 again shows improvements from last year and inventory levels are still coming down. We see the inventory level in August 2011 come down and the sold houses in Jacksonville go up slightly versus the levels in July 2011.
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!