Market Statistics : Page 4

Walden Chase Market Update

January 3, 2020 By Scott Sandberg Leave a Comment

A few key stats from 2019 for the Walden Chase community.

30 homes sold in Walden Chase in 2019, and there were 37 new listings that came to market over the year.

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Median sale price worked out to $318,000, nearly a 5% increase over 2018.

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Average number of days on market was 71, down from 120 days in 2018.

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If you’re a Walden Chase resident, keep an eye out for a postcard from us detailing some December, 2019, sales stats. And if you have questions about the market, or market value of your home, give us a call or fill out the form below:

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Walden Chase Market Update

April 30, 2018 By Scott Sandberg Leave a Comment

Walden Chase Inventory Rising Ahead of Peak Selling Season

As we move into the spring/summer buying and selling season, we see home inventory in Walden Chase beginning to increase. At the end of March, there were 10 active listings, and there are now 12 on the last day of April (though 3 are under contract).

A total of 6 homes have sold since the beginning of the year, and the average sale price year to date is $285,333. Absorption rate (how long the current inventory of properties would last at the current rate of sales) is increasing, sitting at a little more than 3 months at the end of March, and the average number of days on market sits at 42.

[Read more…]

Now is a Great Time to Buy. Or Sell. Or Not.

August 31, 2017 By Scott Sandberg Leave a Comment

Real estate marketing often misses the most important factor in home buying and selling decisions.

Real estate agents are great at proclaiming when the best time to buy, or sell, a home may be. And, if we’re just talking about hard numbers–quantitative market data–they’re often correct. What’s missing in all the numbers and the talk is the prime mover in nearly every real estate transaction.

Life.

[Read more…]

Area Builders Responding to Low Housing Inventory with New Rooftops

April 20, 2017 By Scott Sandberg Leave a Comment

A lack of inventory has dogged the national housing market for sometime now. Believe it or not, the same holds true here in northeast Florida, even with all the development we’re seeing. In fact, the latest numbers from the Northeast Florida Association of Realtors show a more than 21% decrease in inventory over this time last year.

Area builders are responding, however, as evidenced by an uptick in permits for new homes. Many of these permits are for the high-profile communities we’re already pretty familiar with, such as Nocatee, Twin Creeks, Shearwater and the like. But a quick look at the St. Johns County development tracker indicates there may be even more new communities coming out of the ground sooner rather than later. [Read more…]

The 3 Real Estate-Related Phrases You’ll Hear Throughout 2014

January 9, 2014 By Scott Sandberg Leave a Comment

We’re nearly halfway through January, and blog posts and articles detailing real estate industry experts’ predictions for 2014 continue to proliferate, online and off. So, let me take a moment to climb up onto this bandwagon, and then I’ll try to whittle all the predictions and prognostications we’ll be talking about in 2014 down to three key points. [Read more…]

A few key stats from 2019 for the Walden Chase community.

Walden Chase Inventory Rising Ahead of Peak Selling Season

Real estate marketing often misses the most important factor in home buying and selling decisions.

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