Jacksonville Florida Market Watch October 2007
Are you looking to buy in the Jacksonville real estate market? Do you own a home in Jacksonville and want to know if this a good time to put your house on the market? I’d like to share some market stats to help you with your decision.
Here’s what October 2007 looked like:
Current # of listings available in Oct 2007- 7,663
Average # of sales per month (homes that went under contract not sold)- 629
Ave days on market (under contract homes, not sold)- 129.11
Remaining # months inventory – 12.18
Selling price % of list price (original list price) (these were homes that sold and closed in October 2007)- 91.08%
Let’s go back a year!
Here’s what October 2006 looked like:
Current # of listings available in Oct 2007- 6,500
Average # of sales per month (homes that went under contract not sold)- 811
Ave days on market (under contract homes, not sold)- 88.82
Remaining # months inventory – 8.01
Selling price % of list price (original list price) (these were homes that sold and closed in October 2006)- 90.58%
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.
Information is deemed to be reliable, but is not guaranteed.
