Jacksonville Real Estate News

Good time to sell home?

Ever hear those people say they are going to wait till Spring to list their home for sell?  

That may not be the best idea based on this fact driven animation above.  You'll notice our little slice of heaven here in North Florida stays RED HOT for most of the year.  Red hot in terms of how many days on market a home sits for sale on average. 

Why is this the case here in Jacksonville?  Well - you can thank Florida and our mild winters.  While most of the northern states go into real estate hibernation and wait till the buttercups bloom before installing that nice new for sale sign, we are right smack in the middle of one of our busiest times of year:  Selling to the snow birds!  

Add the fact that Florida is growing leaps and bounds above

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The real estate market in Jacksonville Florida is hopping!  Check out the latest stats with our Infographic, and a little commentary following...

Real Estate Infographic Jacksonville FL

Around the country, the real estate market is in full bloom again, and here locally in the Jacksonville area we are finally seeing the same increases.  It is still a Sellers market as we have less than 6 months of inventory available for the amount of homes being purchased on a monthly basis, but unlike other areas of the country - we aren't seeing huge price spikes.  I'm fine with that, and most of us who went through the huge boom years and then survived through the huge crash years, would much prefer a smooth increase in prices vs. bubble pricing.  

A few key items in this infographic report that

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Well cared for, this Avondale home has had all the major mechanicals updated in the past couple years.  Home is in great condition, and I have a feeling it will get a lot of showings... check out those pics!  Go here for all the details on the home:  4402 Woodmere Listing Details

 

View the Tour
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Springfield HomeSpringfield homesSpringfield JacksonvilleSpringfield Home For Sale

This Home in Springfield is Coming Soon to the Market!  

2936 Square Feet, 4 Bedrooms, 2 Baths, and a HUGE Lot!  Listing Price to be $165,000.  This is a SHORT SALE!

Interested in this home before it hits the open market?  Contact us via the form below!

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How long to sell a home Jacksonville FL INFOGRAPHIC

How long does it take to sell a home in Jacksonville FL?

The short answer is about 90 days.  That is the running average of the entire Multiple Listing Service in North East Florida.  That number is calculated by the day a listing hits the MLS to the day it closes.  This number is all inclusive of all property types and all sale types:  Land, condos, townhouse, single family, investment properties, etc.  and includes traditional sales, short sales, auctions, and bank reo foreclosed sales.  

So how long will it take to sell YOUR house?  

That's not quite as easy to answer without some information.  Some of our listings sell in 2 days and others are selling in 12 months.  So what's the difference?

  • Price point:  Under $150k is extremely
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This is it!  There is a small window of opportunity to buy a home and lock in one of the lowest interest rates we will probably see in our lifetime.  

As you know, the Fed has held rates extremely low and that is all about to change.  They've announced that they will absolutely be raising rates and it'll start happening at some point later this year.

If you or one of your friends or family members are considering purchasing a home in the next few years, now would be the time to make it happen!  Contact us and we'd be happy to help!

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Boom!  And just like that we are off to the races.  

Spring has officially shown up and so have the home buyers!  What you'll see in this real estate market update graphic below is the noticeable trend upward in Pending home sales.  This is an all telling statistic that I always watch.  In my opinion, the health of the real estate market fully depends on the home buyers' confidence to make offers and sellers willingness to go under contract to sell their home.  When this gets out of sync, we get in trouble.  

12 Months of Increases in Pending Sales

Another key stat on this graphic is the monthly percentage increase from the previous year's same period.  It's a trend of increases for every month over the last 12 months.  This is strong and shows

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600 Loire Ct - St Johns Forest Homes

St Johns Forest For Sale!

A beauty and well taken care of.  This St Johns Forest home was built in 2005 and has had recent updates of full exterior paint, new gas stove, new dishwasher, new microwave, new water heater, and new water softener.  It is positioned on a great lot within St Johns Forest:  It has 2 culdesacs!  The house sits on Loire Ct., which is a very short road with only a few houses, but also has another culdesac just around the corner!  One drive by and you'll see kids in either culdesacs or both!  That being said - you'll never get into St Johns Forest without knowing an owner or being accompanied by a licensed Realtor on a showing appointment.  This place is locked up tight, and the guard gate is serious about keeping out all the

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Jacksonville lands a #1 spot on the real estate investment analysis.  The key to this report is the "passive investment", meaning buy and hold for rentals.  Here is the report:

7 Fla. cities best in for real estate investment

 SAN FRANCISCO, Calif. – The JWB Group, a real estate analysis company, created a list of top U.S. cities for investors who want to buy real estate for use as a passive investment. JWB says several sources of independent data were used to compile the list, but it did not include rental communities that can have fluctuating rent indexes.

Seven Florida cities made the top 25 for passive real estate investment, with Jacksonville landing in JWB's No. 1 spot, followed by Ocala and Palm Bay.

"People who have money to invest are

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1639 Lorimier Road, Jacksonville, FL  32207

Are you looking for a home in San Marco that has all the charm of San Marco, the location of just a mile South of the San Marco Square, but you want an home that has already been updated?  That's rare, but you've found it!

1639 Lorimier Rd, Jacksonville, FL 32207

To see the MLS Details of this home:  1639 Lorimier Rd

This home has been completely renovated "down to the studs".  A small list of what is new:

  • New Roof
  • New Windows
  • New Insulation attic and walls
  • New HVAC Duct work
  • New HVAC (heating / cooling system)
  • New plumbing
  • New plumbing fixtures (sinks, toilets, etc)
  • New kitchen
  • New appliances
  • New bathrooms
  • Newly refinished wood floors
  • New tile floors in baths
  • New concrete driveway
  • Professional
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