Jacksonville Florida Real Estate Market Report
Single Family homes (attached & detached)
Active Listings: 4641 Active Listings: 3700
Sold: 1035 Sold: 837
Months Inventory: 4.48 Months Inventory: 4.02
Average Price: 571,617 Average Price: 498,764
More homes available and more homes sold in Jacksonville for the month of July. We are still seeing a balanced market, with a slight leaning towards a seller’s market. Let’s see what the median prices look like this July over last year in July. In July 2013, the median sales price in Jacksonville was $135,000. In July of this year it was $138,250. That’s a difference of 2.4%.
Jacksonville Florida Real Estate Market Report July 2014
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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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!