Jacksonville Fl Real Estate Market Report September 2020

Jacksonville Fl Real Estate Market Report September 2020

1,200 less homes for sale in September 2020, compared to last year in September! Plus, another month of being under 2 months of inventory. Very strong seller’s market, which seems to have no reason not to trend the same way for the next few 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 225,000 and the other half were less than 225,000. Month’s Inventory: Based on the number of actives and homes that have sold it would take 1.73 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?

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