Homes for Sale > Real Estate Market > Florida Real Estate Market > Fruit Cove and Switzerland Real Estate Market

Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Fruit Cove and Switzerland. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 904-755-1674

Average Home Price $250,000 - View Graph Trend
Average Price Compared to Last Year Down 10-15%
Average Time on Market 90-120 days
Best Selling Price Range$200,000 - $249,000
Worst Selling Price Range$950,000 - $999,000
Prices As % of Asking Price 80-85%
Existing Home Prices for the past 90 days are?Decreasing
Market Trend Decreasing
Buyers’ or Sellers’ Market Equal buyers and sellers
Buyer Activity for the past 90 days in Fruit Cove and Switzerland isNo Change
Seller Activity for the past 90 days in Fruit Cove and Switzerland is?Increasing
Multiple Offers?Yes
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?More than 50%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Limited Supply
Inventory CommentsHomes that are priced right and are staged are selling in a more timely fashion. We are beginning to see the inventory of those homes decline and multiple offers places on homes.
Greatest Activity Repeat Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Fruit Cove and Switzerland!
Nearest Metro AreaJacksonville
Housing Hot SpotsMost cities within the St. Johns County area are considered 'Housing Hotspots'Bartram Springs, Julington Creek Plantation, St. Johns Forest, Cimarrone Golf and Country, South Hampton, Bartram Plantation, Colony of Greenbriar, Stonehurst Plantation, St. Johns Golf and Country, Aberdeen, Durbin Crossing, Village Green,Cunningham Creek Estates, Cunningham Creek,River Oaks Plantation,Rivertown,Green Cove,Middleburg,Fleming Island
Average Sold Price $250,000 - View Graph Trend
Fruit Cove and Switzerland Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.61%
  15 yr. jumbo rate:  3.97%

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