Neptune Beach, FL October 2011 Homes Sold

By
Real Estate Agent with Berkshire Hathaway Home Services Florida Network Realty BK 3030920

 

Here are the 2011 stats and 2010 for comparison -

 2011

 

  • 2 Homes Sold (September=3)
  • Lowest price: $139,000 (September =$270,000)
  • Highest price: $265,000 (September =$440,000)
  • Shortest Days on Market: 13 (September =29)
  • Longest Days on Market: 44 (September =428)

 

Sunrise


2010

 3 homes sold (September =4)

  • Lowest price: $59,900 (September =$81,700 )
  • Highest price: $525,000 (September =$589,000)
  • Shortest Days on Market: 16 (September =8)
  • Longest Days on Market:1002 (September =170)

 

Sales are down 66% month over month, which is exactly what we saw in the September report. This is very similar with the decreases we are seeing across the area as we head out of the busy summer buying & selling season. Lowest sold home price is up a nice amount, (year over year) part of which is due to Neptune Beach being the smallest of the beaches communities and being a bit more stable than the other beaches. Days on market are down considerably, both month over month and year over year, which is an excellent sign of a stabilizing market.  

 Properly priced and properly presented properties are STILL selling – currently, the Jacksonville area has 9.70 months of inventory (single family housing supply), which is up a bit over the past few months, but not the highest figure of the year. Neptune Beach has 24.5 months of inventory as I write this post, which is the highest level since February 2011  This is really due to the decrease in sales, and most likely nothing more than that (as in, don’t worry).

You can see September's report here.

 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 Selling
Location:
Florida Duval County Neptune Beach
Groups:
All Things Florida
City & State: Listings and Market Reports
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Market Reports
Prudential Network
Tags:
neptune beach
days on market
home buying
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short sales
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Rainmaker
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Stephanie/Bob The Ruiz/Miller Team
The Ocala Dream Team
Keller Williams Cornerstone Realty

Hi Carol,  Nice report, even better photo.  Hope things improve.  Ocala seems poised for a rebound.

November 19, 2011 06:29 PM
Rainmaker
746,585
Carol Zingone
Global Realtor Based in Jax Beach, FL
Berkshire Hathaway Home Services Florida Network Realty

Thanks, Bob - All of Florida is doing better at the 10,000 foot view vs. the 40,000 view!

November 19, 2011 09:48 PM
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Rainmaker
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Carol Zingone

Global Realtor Based in Jax Beach, FL
Questions About FL, Beaches Homes? Ask Me!
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