Jacksonville Fl Real Estate Market Report February 2019

Jacksonville Fl Real Estate Market Report February 2019

An extra 671 homes for sale in Jacksonville in February 2019 vs February 2018. The trend is continuing towards a balanced market. The spring market should start in March, so we will see what happens to the inventory levels during our busier months. You might be wondering if these numbers apply to your home, but each neighborhood is different, so if you’re thinking of selling and want to know more click: If you’re a buyer and want to see what homes are available in Jacksonville, click the following link: Want to Search for Homes in Jacksonville Florida? Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 199,000 and the other half were less than 199,000. Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.82 months to sell the active homes, if no other homes came on the market. How to determine what type of market we are experiencing: Buyers’ Market: More than 7 months of Inventory Balanced Market: From 5-7 months of Inventory Sellers’ Market: Less than 5 months of inventory Average Days on the Market: This is the average based on the time the house came on the market until is went under contract. Original List Price to Sales Price: This is the percentage of what the home sold for compared to what it was originally listed for. Not what it was listed for at the time it went under contract. What’s my Jacksonville Florida Home Worth? Homes for sale in Northeast Florida: