Jacksonville Florida Real Estate Market Report
Single Family homes (attached & detached)
December 2012 December 2011
Active Listings: 3,703 Active Listings: 5,071
Sold: 775 Sold: 709
Months Inventory: 4.78 Months Inventory: 7.15
Average Price: 546,968 Average Price: 528,749
1,368 is the difference between December 2011 and December 2012 in active listings! That’s a huge difference and shows that in December we have dipped down into a seller’s market based on the 4.78 months inventory. 6 months of inventory is a balanced market. We also seen an increase in the average price, which I know homeowners want to see that trend continue.
Jacksonville Florida Real Estate Market Report December 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
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Want to know what these numbers mean to you when selling your Jacksonville Florida Home? Call me at 904-910-3516 and find out!