Jacksonville Florida Real Estate: Market Report June 2011

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Jacksonville Florida Market Report

 Single Family homes (attached & detached)

June 2011

Downtown Jacksonville Florida

June 2011                                June 2010

                                         Active Listings: 5,848               Active Listings: 7,296    

                                         Sold: 769                                  Sold: 892   

                                              Months Inventory: 7.6              Months Inventory: 8.18

Okay Jacksonville, we are back on track now, with less inventory and more houses sold this month than in May 2011! Foreclosures and short sales make up around 46% of the total homes sold in June. That should make non-distressed homeowners feel a little more positive, knowing that more than half of the homes sold in Jacksonville in June, were other non-distressed homes.

June 2011

Jacksonville Florida Real Estate: Market Report June 2011

 And now for a Blast in the Past…………..

June 2010

Jacksonville Florida Real Estate: Market Report June 2010

Active Listings– The amount of active listings in the month reported

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

 

Want to know what these numbers mean to you when selling your Jacksonville Florida Home? Call me at 904-910-3516 and find out!

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