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Carol Zingone, Broker Associate, GRI, LMC,SRES

Atlantic Beach Market Data 9/09

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 1sttime 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

Neptune Beach Market Stats 9/09

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

2009

  • 3 Homes Sold
  • Lowest price: $175,000
  • Highest price: $585,000
  • Shortest Days on Market: 0
  • Longest Days on Market: 119

2008

  • 5 homes sold
  • Lowest price: $225,000
  • Highest price: $3,300,000
  • Shortest Days on Market: 24
  • Longest Days on Market: 274

Neptune Beach is a very small market, hence, smaller numbers than the neighboring towns of Atlantic & Jacksonville Beach.

There is still good news here, even though I would have preferred to see more home sold this year over last year. For example the days on market has decreased impressively year to year, which indicates buyers are finding value and purchasing new homes.

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 1st time 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

Jacksonville Beach, FL Market Data 9/09

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

Jax Beaches Homes Sold Year To Date 2009

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

Jax Beaches Homes Sold Year To Date 2009

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