Jacksonville Florida Real Estate Market Report
Single Family homes (attached & detached)
Active Listings: 4453 Active Listings: 3438
Sold: 1,074 Sold: 880
Months Inventory: 5.15 Months Inventory: 3.91
Average Price: 415,091 Average Price: 509,539
Wow! a 1000 more homes in Jacksonville in June 2014 vs June 2013, but the good thing is there were more houses sold this June. I remember last year when I did the June 2013 market report, and saw the months inventory at 3.91. I was worried, that this time next year would be a selling frenzy. It has been a good market, but not a crazy one. I’m glad for that. Slow and steady sounds good to me.
The median sales price in Jacksonville in June of this year was $144,550. For June 2013, it was $143,000. That’s a difference of 1.1%
Jacksonville Florida Real Estate Market Report June 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!