Jacksonville Beach, FL

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

2009

• 17 Homes Sold
• Lowest price: $126,000
• Highest price: $3,200,000
• Shortest Days on Market: 0
• Longest Days on Market: 704

2008

• 7 homes sold
• Lowest price: $189,000
• Highest price: $320,000
• Shortest Days on Market: 50
• Longest Days on Market: 174

I'm thrilled to be reporting such improvement in so all areas!

As you can see from the numbers, listings sold year to date has increased a whopping 142%, which is terrific news for both buyers and sellers. Buyers see the value in the market, and sellers have become more realistic in their list price.

The price ranges still show a decline in the market, however, without pulling more specific data, the low end range is most likely a short sale or foreclosure property. These prices do, in fact, all pricing, so they cannot simply be discounted.

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.

If you are first time homebuyer, act now with interest rates below 5%, and the $8K tax credit deadline 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

Yes, you read that correctly, I got a well-priced, well-presented listing into contract with a pre-approved, qualified 1st time buyer in 8 days.

How? Aside from market activity picking up, which we are seeing across all price points in Jacksonville, FL, my seller was HIGHLY motivated and followed my suggestions to have a pre-listing inspection as well as consult with a home stager.

I knew I would not have this listing for very long, but I was even happier to tell the seller the other offers I received were less than the offer she accepted, and that we can close by her target date of 9/30/09.

We are also down to 10 months inventory here in Jax, suggesting more market stabilization. I'm thrilled to see homes getting into contract in shorter time spans.

Here's a link to the MLS listing: http://pub.realtyweb.net/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=oua4kmm1x36&id=1&cid=1

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