Mandarin Real Estate Market Conditions & Reports, Mandarin Market Trends, Florida

Market Commentary Provided by David Elian, REALTOR

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

David Elian, REALTOR
Keller Williams Jacksonville Realty
Jacksonville, Florida
904-338-5477
davidelian@comcast.net
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

Less than 10 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$225,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 5-10%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Mandarin is

Seller Activity for the past 90 days in Mandarin is

Is Financing Available For Qualified Buyers in Mandarin?

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

My entire area is a great hotspot in Jacksonville. We have a low crime rate and there are a large number of homes in beautiful wooded areas. The average price of homes is low and sellers are willing to be flexible with their sales price and terms. This really is the best time to buy in the last 6 years.

Reason to Buy/Sell

Other

Average Sold Price

$225,000 - 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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