The Sandberg Team @ Ponte Vedra Key Realty

Real Estate Sales & Service in Nocatee, Ponte Vedra & Jacksonville, Florida

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Jacksonville & Northeast Florida Housing Stats – March, 2013

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Jacksonville Housing Market, March 2013Inventory continues to the be the story of the housing market in March of this year. The ongoing decrease in inventory is good news for sellers, as there’s less competition. But buyers may be having more more trouble finding the home they want at a price that’s comfortable.

That said, inventory numbers are moving closer to where they were prior to the collapse of the market. And shrinking inventory is, after all, part of the recovery process.

Download the full report (PDF).

Data courtesy of Northeast Florida Association of Realtors.

Northeast Florida Housing Market Stats – February, 2013

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NE Florida Housing Market Stats for February, 2013Inventory continues to be the big issue in February, with a decrease of 31.5% year over year in Northeast Florida. The inventory trend aligns with what many housing experts are seeing nationally, as well, as evidenced by this timely post over at The KCM Blog.

That said, it’s important not to rely too heavily on national trends when buying or selling in a particular neighborhood. I’ll direct your attention to region 26 in this report, one of the areas we serve, where inventory is actually up 3.4% and the median sale price is down 2.4%. So stats truly need to be analyzed neighborhood by neighborhood. Contact us if you’d like more information on what’s happening in your corner of the world…

Download the full report (PDF).

Stats provided by the Northeast Florida Association of Realtors.

 

Jacksonville Housing Marketing Statistics for Oct. 2012

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Jacksonville, Florida Housing Market Statistics, Oct. 2012Housing statistics for the northeast Florida / Jacksonville area continue to show a positive trend, with median prices and number of closed sales up year over year. One statistic that should be of interest to buyers, however, is the approximately 30% drop in inventory levels year over year. And this is not a number that’s isolated to northeast Florida. The folks over at KCM Blog also see an approximately 19.5% reduction in inventory nationwide.

Of course, this doesn’t mean we’re in a seller’s market. But it does mean that buyers should be prepared when searching for a home (i.e., pre-approved with a lender and having a clear idea of their “must haves” for a new home).

Download the full report from the Northeast Florida Association of Realtors.

Northeast Florida Housing Market Statistics for September, 2012

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Jacksonville area housing factsMonth to month, it looks like we’re seeing the usual seasonal slow down, with fewer new listings and fewer sales than in August. Year over year, however, we’re seeing more new listings than in September of last year, more sales pending and fewer days on market. The good news for sellers is that average sales price is up about 7% over September of last year, and seller’s are typically receiving about 91% of list price, an increase of nearly 3% from last year.

You can download the full report from the Northeast Florida Association of Realtors.

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