Jacksonville Florida Real Estate Market Report
Single Family homes (attached & detached)
March 2013 March 2012
Active Listings: 3,489 Active Listings: 4,748
Sold: 800 Sold: 773
Months Inventory: 4.36 Months Inventory: 6.14
Average Price: 492,098 Average Price: 469,246
Last year when I did the market stats for March 2012, I wondered what March 2013 would be like. I had a feeling we would see a seller’s market and that’s exactly what we are seeing right now. I also had mentioned that in 2005, there were 2,549 available homes and 1,052 sold homes in Jacksonville. That made the inventory level around 2.42 months. So, in today’s real estate market last month, we had 940 more houses available and 252 less homes sold then we did in 2005. I really hope it doesn’t get that crazy again.
Jacksonville Florida Real Estate Market Report March 2013
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 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!