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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Nocatee. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 904-537-8117
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| Average Home Price | $250,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $200,000 - $249,000 |
| Worst Selling Price Range | $550,000 - $599,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Nocatee is | Increasing |
| Seller Activity for the past 90 days in Nocatee is? | Decreasing |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 15-20% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Very tight market |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Job Growth |
| Nearest Metro Area | Jacksonville |
| Housing Hot Spots | Most cities within the St. Johns County area are considered ’Housing Hotspots’ |
| Average Sold Price | $250,000 - View Graph Trend |
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Ted Tyndall Jr.
Davidson Realty, Inc
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