Atlantic Beach, FL

Here are the October 2009 stats and 2008 for comparison -

2009

• 17 Homes Sold
• Lowest price: $46,000
• Highest price: $850,000
• Shortest Days on Market: 12
• Longest Days on Market: 453

2008

• 7 homes sold
• Lowest price: $190,000
• Highest price: $900,000
• Shortest Days on Market: 21
• Longest Days on Market: 194

Similar to Jacksonville Beach, lots of good news to report this month. The low end prices are not drastically different year to year, although it's still a 27% decrease which is exactly what we have been seeing pretty much across the board.

The year to year homes sold increased 142% which is fabulous.

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.

And, if you are a 1^st time homebuyer, act now, while interest rates are below 5%, and the $8K tax credit is still available - now is a smart time to buy!

Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Prudential Network Realty. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at carolzingone@clearwire.net

Here are the September 2009 stats and August 2008 for comparison -

2009

• 17 Homes Sold
• Lowest price: $59,900
• Highest price: $845,000
• Shortest Days on Market: 0
• Longest Days on Market: 706

2008

• 7 homes sold
• Lowest price: $82,500
• Highest price: $890,000
• Shortest Days on Market: 29
• Longest Days on Market: 167

Similar to Jacksonville Beach, lots of good news to report this month. The low end prices are not drastically different year to year, although it's still a 27% decrease which is exactly what we have been seeing pretty much across the board.

The year to year homes sold increased 142% which is fabulous. The days on market has, for the most part, decreased. A word about the 706 days on market on one of those listings: agents handle their listings differently, but this clearly shows a property that started out overpriced, and attempted to chase the market. Once you are behind, the only way to get ahead is to aggressively lower your price so you are one of the top 3 priced properties in your area.

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.

And, if you are a 1^sttime homebuyer, act now, while interest rates are below 5%, and the $8K tax credit deadline is quickly approaching.

Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Prudential Network Realty. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at carolzingone@clearwire.net

Beaches Area 2009 statistics

Here are the August 2009 stats and August 2008 for comparison -

2009

• 285 Homes Sold
• Lowest price: $44,900
• Highest price: $3,200,000
• Shortest Days on Market: 0
• Longest Days on Market: 1,247

2008

• 228 homes sold
• Lowest price: $40,000
• Highest price: $4,200,000
• Shortest Days on Market: 0
• Longest Days on Market: 717

The number of homes sold year to year is up, 24%, which is terrific news for anyone involved in real estate, whether is it buying or selling.

The prices are not off that much from last year, in reality, and the days on market, with the exception of the property on the market for 1200 days (a number I have never seen before, personally), seem consistent.

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.

And, if you are a first time buyer, use your $8K tax credit before it's gone!

Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Prudential Network Realty. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at carolzingone@clearwire.net

Here are the August 2009 stats and August 2008 for comparison -

2009

• 6 Homes Sold
• Lowest price: $175,000
• Highest price: $475,000
• Shortest Days on Market: 8
• Longest Days on Market: 350

2008

• 13 homes sold
• Lowest price: $100,000
• Highest price: $459,900
• Shortest Days on Market: 0
• Longest Days on Market: 325

The number of homes sold year to year is flat, however, the days on market are consistent with last year, as is the pricing.

I've personally gotten two homes under contract in less than 10 days, with their contract prices being at 95-98% of list price, proof yet again that well priced, well presented properties are selling quickly.

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.

Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Prudential Network Realty. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at carolzingone@clearwire.net

If you are ready to buy your first home in Jacksonville, FL, here is some good information about new programs available.

The Neighborhood Stabilization Program (NSP) is a city program seeking to purchase bank owned foreclosures, rehabilitate them, and then sell them at moderate prices to homeowners. This program is specifically targeting the following zip codes:

• 32206
• 32208
• 32209
• 32244
• 32254

The program overview is available on this website: http://www.nspjax.com/

This is a brand new program. so there will be more info posted to the website soon.

The other program you may have heard about is the Florida Homebuyer Opportunity Program. This is another city program offering downpayment assistance for first time homebuyers. There is a limited amount of funding for this program, and this program requires a Home Buyer Education session, which is 8 hours long. It's important to know the buyers that will benefit from this program are motivated buyers who are ready to buy in the next 45-60 days. Each buyer prospect will be given a letter after the education session, and this letter is First Come/First Served/First Closed.

The max purchase price for a property on this program is $247,500, and the property MUST be owner occupied-not an investment property.

Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Prudential Network Realty. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at carolzingone@clearwire.net