Jacksonville, FL Traditional Vs. Lender Mediated Sales December 2009 Compared to December 2010

By
Real Estate Agent with Berkshire Hathaway Home Services Florida Network Realty BK 3030920
http://actvra.in/5g9

My local board provides this info for us to use, and I have to say, when you look at it this way, it's pretty interesting.

December 2009 Closed Sales                                           December 2010 Closed Sales               Variance

Traditional:             822                                                        653                                                          -20.6%

Lender Mediated:   559                                                        770                                                          +37.7%

Total Market:          1,381                                                     1,423                                                       +3.0%


Median Sales Price December 2009                                Median Sales Price December 2010       Variance

Traditional:             $162,000                                              $181,000                                                   +11.7%

Lender Mediated:   $110,000                                              $88,500                                                      -19.5%

Total Market:          $140,000                                              $130,000                                                     -7.1%

 

Tt is clearly evident from the above data the following is true:

  • Average Traditional Median Sales Price is UP 11.7% year over year.
  • The number of lender mediated sales is approximately 40% of the total market.

These are points the average media source is NOT focusing on.  There is good news in the local real estate market!

 

If you are ready to list your home, call me for a comparable market analysis to see what price range you should list in, and to learn more about what sets myself and Prudential Network Realty apart from the competition. Our home sales in our Atlantic Beach office are up 26% comparing 2010 to 2009, so we know how to sell homes.

If you or someone you know is considering a short sale, please have them contact me for a no-obligation confidential interview about their current situation and how best for them to move forward. I hold the Certified Distressed Property Expert, and am one of a mere 18,000 who do so – I can help salvage their credit, and their financial future.

 

 

Posted by

Carol Zingone is a full service Broker Associate proudly affiliated with Berkshire Hathaway HomeServices Florida Network Realty in Atlantic Beach, FL.  I help buyers and sellers locally, regionally, and internationally.  With hundreds of happy buyers and sellers over the course of my career, I'm thrilled to help first time buyers, military buyers, seniors, investors, 1031 exchange properties, short sales and REO's.  I have spent hours honing my expertise, including the designations of: Graduate Realtor Institute (GRI), Loss Mitigation Certification (LMC) , Short Sales, Foreclosures, REO's, (SFR), and Senior Real Estate Specialist (SRES).  I pride myself on providing excellent expertise to all buyers and sellers. Search the MLS via www.carolzingone.com  for Jacksonville and area listings!

 

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Topic:
Home Improvement
Location:
Florida Duval County Jacksonville
Groups:
City & State: Listings and Market Reports
Florida Real Estate Market Reports
Local Expert
Prudential Network
Short Sales Case Studies - The Good, The Bad and the Ugly
Tags:
jacksonville lender mediated sales
traditional sales
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2010
2009
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