A quick look into the housing market in Nocatee last month.
Housing market stats in November look pretty solid, with a little bit of a slowdown in pending/solds, which can likely be attributed to seasonality (compare to numbers from July of this year). But, I’d like to break down these November numbers a little bit further:
- Of the 50 new listings that came on in November, 20 of them were new construction
- 14 properties went under contract, and only 1 was new construction
- 39 properties moved to pending (contingencies cleared/ready to close), but 23 of them were new construction
- 52 properties sold in November, 18 of which were new construction
With that in mind, I imagine by the end of this month, we’ll see quite a few more new construction sales, whether under contract or fully closed, based on some of the year-end builder incentives we’ve talked about here, here and here. And, there’s still time to take advantage of those incentives, whether in the form or a rate buy down, closing costs or design center options.
If you’d like to learn more about how the housing market is faring in your neighborhood, or you’d like to learn more about year-end incentives that may be available, drop us a line:
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