Jacksonville Florida Market Watch November 2007

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Here’s what November 2007 looked like:

Current # of listings available in Nov 2007- 7,558

Average # of sales per month (homes that went under contract not sold)- 535

Ave days on market (under contract homes, not sold)- 102.88

Remaining # months inventory – 14.13

Selling price % of list price (original list price) (these were homes that sold and closed in November 2007)- 89.98%

 

Let’s rewind to last year!

Here’s what November 2006 looked like:

Current # of listings available in Nov 2006- 6,466

Average # of sales per month (homes that went under contract not sold)- 793

Ave days on market (under contract homes, not sold)- 100.19

Remaining # months inventory – 8.15

Selling price % of list price (original list price) (these were homes that sold and closed in November 2006)- 92.33%

These figures are based on residential homes (single family, town homes & attached). They exclude condos, commercial property and vacant land. It also does not include Jacksonville beach, Atlantic Beach or Neptune Beach.

 

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