Jacksonville Florida Real Estate Market Report
Single Family homes (attached & detached)
Active Listings: 4523 Active Listings: 3475
Sold: 1025 Sold: 1014
Months Inventory: 4.41 Months Inventory: 3.43
Average Price: 517,009 Average Price: 517,389
Saw a change from last month’s numbers in Jacksonville. The inventory went up a little, but so did the number of homes sold, which brought the months inventory down to 4.41. We also sold more in May 2014, than in May of last year. The median sales price in Jacksonville for May 2014 was $138,000. In May 2013, the median sales price in Jacksonville was $140,00. That’s a difference of 1.4%. Yep, we took a very small backslide. That probably reflects the increase in the inventory level the past 6 months or so.
Jacksonville Florida Real Estate Market Report May 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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