home prices : Page 2

Jacksonville, Ponte Vedra and Northeast Florida Housing Stats – April, 2013

May 19, 2013 By Scott Sandberg Leave a Comment

In April of 2013, prices continued to inch up as inventory remained tight. On the national front, there’s more of an emerging consensus that housing is, indeed, in a full-fledged recovery.

Locally here in the Ponte Vedra / Nocatee area, we saw a small increase in price (2.7%) year over year and the number of days on market continues to decline. While conditions are becoming a bit less favorable for buyers, I think everyone can agree that a stronger housing market overall will benefit everyone.

As always, contact us with questions, and you can always download the full report.

Data courtesy of Northeast Florida Association of Realtors.

Median Home Prices Up, Inventory Down in Northeast Florida in January

February 22, 2013 By Scott Sandberg Leave a Comment

News for the housing market overall in January is very good. As reported by the Jacksonville Business Journal, home values jumped 23% year over year to a median price of $136,000.

But as we’ve always stressed, real estate, and home values, are hyper-local. So while northeast Florida’s home prices are trending up as a whole, you may be interested to see that Ponte Vedra’s median home values are actually down 12% year over year. But the news isn’t all bad in Ponte Vedra…the number of homes that sold over list price is up dramatically (129%) and number of days on market continue to decrease.

Download the full report.

Point is, the major media outlets serve large metropolitan statistical areas. So they take a very macro look at housing data. If you want to know what the real estate trends are in your neighborhood, a real estate professional can provide all the latest data. Contact us if you’d like to see what’s happening in your neighborhood.

Data provided courtesy of the Northeast Florida Association of Realtors.

Jacksonville Housing Marketing Statistics for Oct. 2012

November 16, 2012 By Scott Sandberg Leave a Comment

Housing 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.

What You Get For $750,000 in Northeast Florida

October 26, 2012 By Scott Sandberg Leave a Comment

OK, let’s revisit The New York Times “What you get for…” feature, this time looking at what you get for $750,000.

Jacksonville, Florida

What: 6 bedroom, 4 1/2 bath chateau-style home in the Mandarin area of Jacksonville

How Much: $725,000

Size: 4,664 s.f.

Per Square Foot: $155.45 [Read more…]

Northeast Florida Housing Market Statistics for September, 2012

October 23, 2012 By Scott Sandberg Leave a Comment

Month 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.

Jacksonville, Florida

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