Jacksonville Florida Real Estate Market Report
Single Family homes (attached & detached)
August 2012 August 2011
Active Listings: 4,082 Active Listings: 5,567
Sold: 755 Sold: 658
Months Inventory: 5.41 Months Inventory: 8.46
Average Price: 518,702 Average Price: 453,662
August looked better for the Jacksonville Market. Less inventory and more sold homes this month than in July 2012. Just in time for the kiddies to head back to school, which could explain the reason there were more homes sold in Jacksonville this month than last. People trying to get into their new homes before the school year started.
Jacksonville Florida Real Estate Market Report August 2012
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!