Jacksonville-Southside Real Estate Market Conditions & Reports, Jacksonville-Southside Market Trends, Florida

Market Commentary Provided by Brenda Miller
Many of the upper end purchasers have many of their assets tied into the stock market and are reluctant to liquidate when they feel the market is going to be increasing. Homes will increase in demand as buyers scramble to find the home of their dreams and close by November 30, 2009. Thus stabilizing or increasing prices of homes.

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Brenda Miller
Watson Realty Corp.
Jacksonville, Florida
904-616-1090
homes@brendamillergroup.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

More than 120 days

Market Trend

No Change

Housing Inventory

Good supply - Some Prices

Average Home Price

$325,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 5-10%

Prices As % of Asking Price

90-95%

Multiple Offers?

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Jacksonville-Southside is

Seller Activity for the past 90 days in Jacksonville-Southside is

Is Financing Available For Qualified Buyers in Jacksonville-Southside?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Grove Park, Windsor Chase, Ironwood, East Hampton, Wynnfield Lakes, Hampton Glen, James Island, Sutton Lakes, Covington Creek, The Woods, Highland Glen, Johns Creek, Pablo Bay, Timberlin Parc, Deercreek Country Club

Reason to Buy/Sell

Other

Average Sold Price

$325,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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