Jacksonville Florida Real Estate Market Report
Single Family homes (attached & detached)
July 2012 July 2011
Active Listings: 4,380 Active Listings: 5,709
Sold: 685 Sold: 680
Months Inventory: 6.39 Months Inventory: 10.94
Average Price: 448,911 Average Price: 538,343
Looks like the market is showing the lazy days of summer this month compared to June 2012 when it comes to the months inventory. In June, we had less inventory and sold more houses. Not to worry, because compared to last year in July, we are way ahead of the game this year showing an improving housing market in Jacksonville Florida.
Jacksonville Florida Real Estate Market Report July 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!