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Jacksonville Fl Real Estate Market Report January 2021

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Jacksonville Fl Real Estate Market Report January 2021

Visiting downtown Jacksonville Florida

Last year at this time we had a strong seller’s market. Pre-covid. Now, it’s just amazingly crazy to see inventory levels under 2k. A thousand less homes available this year, compared to January 2020. Homeowners!!! We need houses please!!!

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:

What is My Jacksonville Home Worth? Click To Find Out!

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?

Check out the crazy Jacksonville Fl Real Estate Market Report January 2021

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 224,000 and the other half were less than 224,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 1.77 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?

📕 Free Guides on the Home Buying & Selling process: 📕

 
 
 
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Homes For Sale in Jacksonville

Homes For Sale in Orange Park

Homes For Sale in Fleming Island

Homes For Sale in Green Cove Springs

Homes For Sale in Middleburg

Homes For Sale in St Johns County

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Jacksonville Fl Real Estate Market Report February 2020

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Jacksonville Fl Real Estate Market Report February 2020

Leap year month!!! Nothing crazy different to report here. Under 3 months worth of inventory for Jacksonville, so that still shows that we are in a strong seller’s market as we approach our busy spring market.

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:

What is My Jacksonville Home Worth? Click To Find Out!

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 205,000 and the other half were less than 2005,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 2.91 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:

Jacksonville Florida Real Estate: Market Report March 2012

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Jacksonville Florida Market Report

 Single Family homes (attached & detached)

March 2012

 Flamingo at the Jacksonville Zoo

March 2012                       March 2011

Active Listings:  4,748              Active Listings: 6,407

Sold:  773                                 Sold: 716

Months Inventory: 6.14           Months Inventory:  8.94

Average Price: 469,246          Average Price:  475,507

Well there you have it folks, March was a balanced market teetering into a seller’s market (Inventory under 6 months is considered a seller’s market). The price point of 0-150k was in a seller’s market for March. Over a 1600 drop in inventory over March 2011! Buyers: the time to buy is here, especially in the 300k and below price point. Sellers: Less inventory, means less competition. Price it right and have your Jacksonville Home in great selling shape. Your house will get noticed! Did you know, in March 2005, there was an inventory level of 2,549, with 1,053 homes sold in Jacksonville in March 2005? Months inventory was 2.42. Wow! Honestly, I never want to see it like that again, cos I know what happens after that. 🙂

 March 2012Jacksonville Florida Real Estate: Market Report March 2012

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

March 2011  Jacksonville Florida Real Estate: Market Report March 2011

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!

 

Jacksonville Florida Real Estate: Market Watch November 2008

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Here’s what Jacksonville Florida Real Estate in November 2008 looked like:

Current # of listings available November 2008  5530
Average # of sales per month (homes that went under contract not sold) 521
 Ave days on market (under contract homes, not sold)- 153.5
 Remaining # months inventory  10.61
 Selling price % of list price (original list price) (these were homes that sold and closed in November 2008) 86.34%

I highlighted the current # of listings available in red because of the drastic change from October!

 

 

 

These figures are based on residential homes (single family, town homes & attached). They exclude condos, commercial property and vacant land. Information is deemed to be reliable, but is not guaranteed.

 

Jacksonville Florida Real Estate: Market Watch October 2008

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Here’s what Jacksonville Florida Real Estate in October 2008 looked like:

Current # of listings available October 2008  7,468
Average # of sales per month (homes that went under contract not sold)  614
 Ave days on market (under contract homes, not sold)- 134.67
 Remaining # months inventory  12.16
 Selling price % of list price (original list price) (these were homes that sold and closed in October 2008)  83.88%

 

 

These figures are based on residential homes (single family, town homes & attached). They exclude condos, commercial property and vacant land. Information is deemed to be reliable, but is not guaranteed.

 

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.

 

Jacksonville Florida Market Watch October 2007

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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.

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