Jacksonville Florida Market Report
Single Family homes (attached & detached)
October 2011 October 2010
Active Listings: 5,213 Active Listings: 7,129
Sold: 532 Sold: 527
Months Inventory: 9.8 Months Inventory: 13.53
Just like we saw in the Clay County Florida Market Report, we are seeing an increase in the months inventory for the month of October in Jacksonville. Same trend too, a decrease in the amount of inventory, which is great, but a decrease in the total homes sold in October 2011 vs September 2011, by 99 homes. Not really a big deal, as we are approaching our slower time in the Jacksonville Florida real estate market.
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 know what these numbers mean to you when selling your Jacksonville Florida Home? Call me at 904-910-3516 and find out!