Carol Zingone, Broker Associate, GRI, LMC,SRES

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

2009

• 11 Homes Sold
• Lowest price: $145,000
• Highest price: $615,000
• Shortest Days on Market: 35
• Longest Days on Market: 280

2008

• 7 homes sold
• Lowest price: $180,000
• Highest price: $460,000
• Shortest Days on Market: 51
• Longest Days on Market: 171

The decrease in sales prices year to year reflects the trend we are seeing locally, regionally, and nationally on home prices. The number of homes sold year to year has increased, and is a solid 50%+ increase, which is fantastic. Days on market has decreased, confirming what active Realtors are seeing in the market: properly priced and presented properties are generating multiple offers.

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 buyer, call me so we can get the pre-approval process started.

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

(Data is compiled from the Northeast Florida Association of Realtors Multiple Listing Service, and reflects Realtor sales. Sales not involving a Realtor are not included.)

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

2009

• 2 Homes Sold
• Lowest price: $410,000
• Highest price: $430,000
• Shortest Days on Market: 10
• Longest Days on Market: 49

2008

• 1 homes sold
• Lowest price: $500,000
• Highest price: $500,000
• Shortest Days on Market: 39
• Longest Days on Market: 39

While I'm certain some of the readers will not like what I'm about to say, this statistics show a doubling of business from year to year, which is fantastic. The pricing is actually right in line with what we are continuing to see, and the days on market are pretty 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 ready to buy, call me so we can get the pre-approval process started.

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

(Data is compiled from the Northeast Florida Association of Realtors Multiple Listing Service, and reflects Realtor sales. Sales not involving a Realtor are not included.)

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

2009

• 10 Homes Sold
• Lowest price: $59,000
• Highest price: $660,000
• Shortest Days on Market: 3
• Longest Days on Market: 104

2008

• 18 homes sold
• Lowest price: $104,000
• Highest price: $1,300,000
• Shortest Days on Market: 10
• Longest Days on Market: 382

I'm actually surprised to see these numbers - with the traffic we've seen, I had anticipated to see more solds for Atlantic Beach than 10. That being said, the days on market has decreased, and we are now seeing multiple offer situations on bargain priced properties. This is part of what is driving the lower days on market.

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 ready to BUY, contact me so we can get the pre-approval process started.

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

(Data is compiled from the Northeast Florida Association of Realtors Multiple Listing Service, and reflects Realtor sales. Sales not involving a Realtor are not included.)

Here are some beaches area statistics by zip code for Atlantic Beach, Jacksonville Beach, Neptune Beach. This compares year ago 2008 with current year 2009 activity.

Zip Code 32233 - Atlantic Beach

• Average Sales Price = $398,700 which is off by .48% from 2008 (not significant)
• Total Homes Sold = 34, which is 17% higher than 2008.
• Average Days On Market = 120
• List Price/Sold Price Index = 86.7%

Zip Code 32250 - Jacksonville Beach

• Average Sales Price = $294,200 which is 27.54% down from 2008
• Total Homes Sold = 48 which is 37% higher than 2008
• Average Days On Market = 105
• List Price/Sold Price Index = 93.9%

Zip Code 32266 - Neptune Beach

• Average Sales Price = $584,100 which is 113% higher than 2008
• Total Homes Sold = 11, which is 22% higher than 2008
• Average Days On Market = 130
• List Price/Sold Price Index = 97.2%

We can see there is good news here - ALL the beaches are are experiencing higher than a year ago sold activity. It's important to keep in mind the reduction in sales price can be re-captured on the buying side at this time as well - if you lose, in essence, $50K on your sale, you will make up at least, in essence, $50K on your new purchase.

The terrific news is that homes are selling, buyers are getting loans, and buying - now is the time to get moving if you have plans to buy, sell, or take advantage of the 1st time homebuyer tax credit!

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 some beaches area statistics by zip code for Atlantic Beach, Jacksonville Beach, Neptune Beach. This compares year ago 2008 with current year 2009 activity.

Zip Code 32233 - Atlantic Beach

• Average Sales Price = $398,700 which is off by .48% from 2008 (not significant)
• Total Homes Sold = 34, which is 17% higher than 2008.
• Average Days On Market = 120
• List Price/Sold Price Index = 86.7%

Zip Code 32250 - Jacksonville Beach

• Average Sales Price = $294,200 which is 27.54% down from 2008
• Total Homes Sold = 48 which is 37% higher than 2008
• Average Days On Market = 105
• List Price/Sold Price Index = 93.9%

Zip Code 32266 - Neptune Beach

• Average Sales Price = $584,100 which is 113% higher than 2008
• Total Homes Sold = 11, which is 22% higher than 2008
• Average Days On Market = 130
• List Price/Sold Price Index = 97.2%

We can see there is good news here - ALL the beaches are are experiencing higher than a year ago sold activity. It's important to keep in mind the reduction in sales price can be re-captured on the buying side at this time as well - if you lose, in essence, $50K on your sale, you will make up at least, in essence, $50K on your new purchase.

The terrific news is that homes are selling, buyers are getting loans, and buying - now is the time to get moving if you have plans to buy, sell, or take advantage of the 1st time homebuyer tax credit!

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