Jacksonville Florida Real Estate Market Report
Single Family homes (attached & detached)
Active Listings: 4434 Active Listings: 3489
Sold: 902 Sold: 800
Months Inventory: 4.91 Months Inventory: 4.36
Average Price: 466,353 Average Price: 492,098
Good afternoon!!! I am a little late getting the March real estate report up, but better late than never I always say. 🙂 Still seeing a higher inventory level vs our counterpart last year, but I like seeing more homes sold in Jacksonville this past March, than March 2013. We also see more homes sold in March 2014, than February 2014. That’s not surprising, since March is the start of our busy real estate market. The median sale price for March 2013 was $126,000. In March 2014 it was $132,757, that’s a difference of 5.4%.
Jacksonville Florida Real Estate Market Report March 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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