Jacksonville Florida Market Report
Single Family homes (attached & detached)
February 2012 February 2011
Active Listings: 4,748 Active Listings: 6,447
Sold: 603 Sold: 547
Months Inventory: 7.87 Months Inventory: 11.79
Average Price: 536,431 Average Price: 517,630
2012 the year of the real estate comeback? Sure looks to be going in a positive direction. With almost 1700 less homes on the market and 56 more homes sold this month versus February 2011, things are looking better for the Jacksonville market. Not much of a change vs January of this year, except for the average price jumping up in February. Houses are selling, if they are priced competitively and in good condition. Great location helps as well. Curious to know what your house could sell for in this market? I’ll do a Free Home Valuation for your Jacksonville Home and have the information emailed to you within 24 hours. No obligation.
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!