by Brad Officer
on Tuesday, April 12th, 2011 at 6:35pm.
The Spring season of home buying is here and inventories of homes for sale in North East Florida reflect the sales activity. Items to take note of:
Months Inventory: Inventory is going down faster than new listings are hitting the market.
Active Listings: Check out the red dots trending down.
New Listings: The gold dots in this graph show an uptick in new listings, which is normal for this time of year as sellers prepare their homes for the Spring selling season.
Sold: The black dots identify the sold inventory, and as expected, sales volume is up.
Important Take Away: Homes are selling! Listening to the news you would think there are 1 or 2 sales per month, but that's just not the case. Homes are absolutely selling every single day here in Jacksonville, but buyer's want exactly what they should want: A great house, a great location, a great price, and a well cared for home.
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