Currently the median time it takes to sell a waterfront home in Jacksonville and the surrounding areas is 155 days. This number is taken from the Multiple Listing Service statistics of homes that have sold that are waterfront and navigable (dockable homes).
This is an interesting number of days considering the obvious higher price of waterfront homes versus other homes on the market. What this should prove is the attraction for waterfront is still strong.
Another interesting find is the Median % price change is a 15% decline. This is the % decline from the list price to the sold price. Considering the market - this is good. A "normal market" typically brings an 8% decline as most homes average 92% of list price to sold price. Again, 2 good points I see in this. #1 Waterfront home sellers are pricing their homes more appropriately considering today's market, and #2 the demand is there for your waterfront home!
If you are considering buying or selling a waterfront home in Jacksonville or the surrounding areas, I'd love to chat. Just give me a call or send a quick email!
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