Jacksonville Florida Real Estate Market Report
Single Family homes (attached & detached)
Active Listings: 4,319 Active Listings: 3,918
Sold: 730 Sold: 761
Months Inventory: 5.91 Months Inventory: 5.15
Average Price: 520,690 Average Price: 495,555
Looks like Jacksonville is continuing the trend of increased inventory levels from last month. We even saw a decrease in the number of homes sold in Jacksonville for the month of November. It will be interesting to see what happens in the Jacksonville real estate market in the next few months. The median home price in November 2012 was $110,695. The median home sales price this November was $137,000. That’s a difference of 23.8%.
Jacksonville Florida Real Estate Market Report November 2013
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!