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Updated over 8 years ago on . Most recent reply

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Lesley Resnick
  • Real Estate Agent
  • Jacksonville, FL
1,135
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1,089
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Jacksonsville Florida Monthly Market report

Lesley Resnick
  • Real Estate Agent
  • Jacksonville, FL
Posted

Happy Saturday, 

I came across this report and thought it was interesting enough to share. It is an MLS monthly market report. If you are a numbers geek, guilty as charged, you will love this. If anyone has this data for their market place, I would love to see it.

http://www.flexmls.com/link.html?1apvujbg66dr,15,1,90251

Summary:

The absorption rate has dropped almost 1%.  This the time it would take for all houses to be sold, assuming no new houses were added.   

Average price is up 10% over last year 

Average days on market down 5%.

Jacksonville is picking up speed.  Would be interesting to see this data for the gateway cities (NY, SF, LA).

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