Jacksonville Florida Market Report
Single Family homes (attached & detached)
June 2011 June 2010
Active Listings: 5,848 Active Listings: 7,296
Sold: 769 Sold: 892
Months Inventory: 7.6 Months Inventory: 8.18
Okay Jacksonville, we are back on track now, with less inventory and more houses sold this month than in May 2011! Foreclosures and short sales make up around 46% of the total homes sold in June. That should make non-distressed homeowners feel a little more positive, knowing that more than half of the homes sold in Jacksonville in June, were other non-distressed homes.
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!