Jacksonville Florida Real Estate Market Report
Single Family homes (attached & detached)
Active Listings: 3,700 Active Listings: 4,380
Sold: 837 Sold: 685
Months Inventory: 4.02 Months Inventory: 6.39
Average Price: 498,764 Average Price: 448,911
We did see an increase of inventory and a decrease of sold homes in Jacksonville this month, compared to June 2013. In the height of summer, it makes sense as people are busy taking vacations this time of year. Sellers are trying to get their houses on the market to be able to entice buyers wanting to be in a new home before school starts. The median sales price in Jacksonville for July 2013 is $138,000 and in July 2012 the median sales price was $114,950, that’s an increase of 20.1%.
Jacksonville Florida Real Estate Market Report July 2013
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 see what the real estate market looks like in your neighborhood?
FREE Home Value Report complete with current sales in the neighborhood and current homes available for sale.
If you want to search for homes in Jacksonville, check out this link: Search for homes for sale in Jacksonville Florida
Every neighborhood and house is different, want to know what these numbers mean to you when selling your Jacksonville Florida Home? Call me at 904-910-3516 and find out!