Jacksonville Florida Real Estate Market Report
Single Family homes (attached & detached)
Active Listings: 4438 Active Listings: 4084
Sold: 963 Sold: 806
Months Inventory: 4.61 Months Inventory: 5.07
Average Price: 505,407 Average Price: 473,450
It is amazing to see the months inventory lower than last year, even though the inventory level is higher now, compared to last year. Selling 163 more homes makes the difference for sure. The median sales price in Jacksonville last year in September was $132,900. This year the median sales price in Jacksonville for September was $146,000. That’s a difference of 9.9%. Not bad.
Jacksonville Florida Real Estate Market Report September 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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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!