About Jacksonville's Pablo Bay

Here are the 2011 stats and 2010 for comparison -

2011

• 4 Homes Sold (YTD 2011=10)
• Lowest price: $331,000 (YTD=$257,000)
• Highest price: $492,000 (YTD=$410,000)
• Shortest Days on Market: 6 (YTD=7)
• Longest Days on Market: 215 (YTD=303)

2010

• 5 homes sold (YTD 2010=17)
• Lowest price: $350,000 (YTD=$264,000)
• Highest price: $550,000 (YTD=$600,000)
• Shortest Days on Market: 23 (YTD=4)
• Longest Days on Market: 310 (YTD=235)
  

The Intracoastal West area of Jacksonville stretches from the ICW roughly to about Kernan, and Pablo Bay is one of the communities located on San Pablo Road, with easy access to JTB for commuting or to the beach. You can see from the report above home sales are down year over year 20% which is interesting, and home prices are down 10% on the high end to 23% on the low end, looking at figures year over year.

Days on market is down, leading me to believe the sellers are pricing and presenting their homes correctly in this popular subdivision; which puts Pablo Bay on par with Beaches communities, where we pretty much continue to see days on market decreasing.

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.

Here are the 2011 stats and 2010 for comparison -

2011

• 10 Homes Sold
• Lowest price: $257,000
• Highest price: $410,000
• Shortest Days on Market: 7
• Longest Days on Market: 303

2010

• 17 homes sold
• Lowest price: $264,000
• Highest price: $600,000
• Shortest Days on Market: 4
• Longest Days on Market: 235

The Intracoastal West area of Jacksonville stretches from the ICW roughly to about Kernan, and Pablo Bay is one of the communities located on San Pablo Road, with easy access to JTB for commuting or to the beach. You can see from the report above home sales are down year over year 41% which is interesting, and home prices are fairly flat on the low end (2.6% decrease year over year is not statistically significant).

Days on market has crept up, however, making me wonder if the sellers are pricing and presenting their homes correctly in this popular subdivision; almost all of my other market reports have seen the opposite: where prices have increased year over year (however nominally) and days on market has decreased.

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.