Jacksonville Florida Real Estate Market Report
Single Family homes (attached & detached)
October 2012 October 2011
Active Listings: 3,936 Active Listings: 5,213
Sold: 743 Sold: 532
Months Inventory: 5.30 Months Inventory: 9.8
Average Price: 603,920 Average Price: 529,228
What a difference a year can make! Over 1200 less in inventory and sold about 200 more in Jacksonville this month versus October 2011. The months inventory of 5.3 months means we have stabled and are dipping into a seller’s market. Look at the price point of 150k and below, we have a sellers market in that price range folks!
Jacksonville Florida Real Estate Market Report October 2012
And now for a Blast in the Past…………..
Jacksonville Florida Real Estate Market Report October 2011
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!