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

Market Commentary Provided by Jim Crews & Myla Perkins
If you can qualify, now is an exceptional time to buy a home in Middleburg. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 904-635-0232

Report Date

Fall 2009

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Jim Crews & Myla Perkins
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Orange Park, Florida
904-635-0232
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Nearest Metro Area

Jacksonville

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

More than 120 days

Market Trend

No Change

Housing Inventory

Good supply - Some Prices

Average Home Price

$175,000 - View Graph Trend

Best Selling Price Range

$150,000 - $199,000

Worst Selling Price Range

$300,000 - $349,000

Compared to Last Year

Down 5-10%

Prices As % of Asking Price

85-90%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Middleburg is

Increasing

Seller Activity for the past 90 days in Middleburg is

Increasing

Is Financing Available For Qualified Buyers in Middleburg?

Yes

Existing Home Prices for the past 90 days are

No Change

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

15-20%

Housing Hot Spots

Foxmeadow

Reason to Buy/Sell

Population Growth

Average Sold Price

$175,000 - 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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