Monthly Indicators - NEFAR.com · 2019-03-24 · Monthly Indicators A RESEARCH TOOL PROVIDED BY THE...
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Monthly Indicators A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS March 2011 Quick Facts - 10.9% Change in Median Sales Price This month's numbers are stuck in the shadow of the spring 2010 incentive market. A number of factors hinder a full-scale housing recovery, yet there are positives that suggest improving consumer confidence. Slowing unemployment claims, strong corporate balance sheets and 13 months of private job growth are cause for long- dormant optimism. Let's see if our local glass is half empty or half full. New Listings in the Northeast Florida region decreased 28.2 percent from last March to - 20.9% Change in Inventory - 7.1% Change in Closed Sales Market Overview 2 New Listings 3 Pending Sales 4 Closed Sales 5 Days On Market Until Sale 6 Median Sales Price 7 Average Sales Price 8 9 Housing Affordability Index 10 Inventory of Homes for Sale 11 Months Supply of Inventory 12 All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | 1 New Listings in the Northeast Florida region decreased 28.2 percent from last March to 2,647 new homes. Pending Sales increased 3.9 percent to land at 1,909 contracts written. As a result, inventory levels decreased 20.9 percent from last year to reach 12,642 active listings. Prices lost some ground – the March Median Sales Price of $122,500 decreased 10.9 percent. Negotiations moved toward buyers as Percent of Original List Price Received at Sale decreased 2.3 percent to 86.9 percent. The market moved toward balance as Months Supply of Inventory decreased to 9.0 months. The national interest rate is 5.11 percent on a 30-year fixed; the national unemployment rate dropped to 8.8 percent in March. Several important changes to the mortgage industry are on the horizon. Ensuring access to adequate mortgage capital for qualified buyers is key to housing recovery. This will require substantial reforms to Fannie and Freddie. Area breakouts of 29 submarkets begin after page 12. Click on desired metric to jump to that page. Percent of Original List Price Received
Transcript of Monthly Indicators - NEFAR.com · 2019-03-24 · Monthly Indicators A RESEARCH TOOL PROVIDED BY THE...
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Monthly Indicators A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS
March 2011 Quick Facts
- 10.9%
Change inMedian Sales Price
This month's numbers are stuck in the shadow of the spring 2010 incentive market. A number of factors hinder a full-scale housing recovery, yet there are positives that suggest improving consumer confidence. Slowing unemployment claims, strong corporate balance sheets and 13 months of private job growth are cause for long-dormant optimism. Let's see if our local glass is half empty or half full.
New Listings in the Northeast Florida region decreased 28.2 percent from last March to
- 20.9%
Change inInventory
- 7.1%
Change inClosed Sales
Market Overview 2New Listings 3Pending Sales 4Closed Sales 5Days On Market Until Sale 6Median Sales Price 7Average Sales Price 8
9Housing Affordability Index 10Inventory of Homes for Sale 11Months Supply of Inventory 12
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | 1
New Listings in the Northeast Florida region decreased 28.2 percent from last March to 2,647 new homes. Pending Sales increased 3.9 percent to land at 1,909 contracts written. As a result, inventory levels decreased 20.9 percent from last year to reach 12,642 active listings.
Prices lost some ground – the March Median Sales Price of $122,500 decreased 10.9 percent. Negotiations moved toward buyers as Percent of Original List Price Received at Sale decreased 2.3 percent to 86.9 percent. The market moved toward balance as Months Supply of Inventory decreased to 9.0 months.
The national interest rate is 5.11 percent on a 30-year fixed; the national unemployment rate dropped to 8.8 percent in March. Several important changes to the mortgage industry are on the horizon. Ensuring access to adequate mortgage capital for qualified buyers is key to housing recovery. This will require substantial reforms to Fannie and Freddie.
Area breakouts of 29 submarkets begin after page 12.Click on desired metric to jump to that page.
Percent of Original List Price Received
-
Market OverviewKey market metrics for the current month and year-to-date.
Key Metrics Historical Sparklines 3-2010 3-2011 +/- YTD 2010 YTD 2011 +/-
3,668 + 5.0%
104 124Days on Market Until Sale
1,548 1,438 - 7.1% 3,493
New Listings
Pending Sales
Closed Sales
- 21.4%
1,837 1,909 + 3.9% 4,347 4,678 + 7.6%
7,6433,688 2,647 - 28.2% 9,729
+ 19.5% 103 121 + 18.2%
3-2008 3-2009 3-2010 3-2011
3-2008 3-2009 3-2010 3-2011
3-2008 3-2009 3-2010 3-2011
3-2008 3-2009 3-2010 3-2011
193
15,985
219 + 11.9%
--
$167,117 $157,676 - 5.6%
$137,500 $122,500
$158,112 - 6.2%
89.0% 86.9%
Housing Affordability Index
Median Sales Price
Average Sales Price
Percent of OriginalList Price Received
$168,504
- 10.9% $135,000 $121,000
- 2.6%
- 10.4%
- 2.3% 89.0% 86.7%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 2
12.2
217 + 12.5%
- 20.9%
- 26.8%
12,642
9.0
196
--
-- --
--
--Months Supplyof Homes for Sale
Inventory of Homes for Sale
3-2008 3-2009 3-2010 3-2011
3-2008 3-2009 3-2010 3-2011
3-2008 3-2009 3-2010 3-2011
3-2008 3-2009 3-2010 3-2011
3-2008 3-2009 3-2010 3-2011
3-2008 3-2009 3-2010 3-2011
3-2008 3-2009 3-2010 3-2011
3-2008 3-2009 3-2010 3-2011
3-2008 3-2009 3-2010 3-2011
3-2008 3-2009 3-2010 3-2011
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New Listings A count of the properties that have been newly listed on the market in a given month.
MonthPrior Year
Current Year
+/–
April 2,773 3,538 +27.6%
May 2,592 2,719 +4.9%
June 2,872 3,010 +4.8%
July 3,041 2,973 -2.2%
August 2,809 2,924 +4.1%
September 2,941 2,707 -8.0%
October 2,950 2,338 -20.7%
November 2,365 1,989 -15.9%
December 2,118 1,936 -8.6%
January 3,075 2,735 -11.1%
February 2,966 2,261 -23.8%
March 3,688 2,647 -28.2%
3,045
3,688
2,647
2009 2010 2011
March
8,9039,729
7,643
2009 2010 2011
Year To Date
-21.4%+21.1% -28.2% +9.3%
12-Month Avg 2,849 2,648 -7.1%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 3
3,045
3,688
2,647
2009 2010 2011
March
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011
Historical New Listing Activity
8,9039,729
7,643
2009 2010 2011
Year To Date
-21.4%+21.1% -28.2% +9.3%
-
Pending Sales A count of the properties on which contracts have been written in a given month.
MonthPrior Year
Current Year
+/–
April 1,323 1,892 +43.0%
May 1,348 1,317 -2.3%
June 1,382 1,370 -0.9%
July 1,396 1,415 +1.4%
August 1,396 1,413 +1.2%
September 1,403 1,245 -11.3%
October 1,464 1,148 -21.6%
November 1,140 1,298 +13.9%
December 1,099 1,210 +10.1%
January 1,137 1,283 +12.8%
February 1,373 1,486 +8.2%
March 1,837 1,909 +3.9%
1,202
1,837 1,909
2009 2010 2011
March
3,145
4,3474,678
2009 2010 2011
Year To Date
+7.6%+52.8% +3.9% +38.2%
12-Month Avg 1,358 1,416 +4.2%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 4
1,202
1,837 1,909
2009 2010 2011
March
500
1,000
1,500
2,000
2,500
3,000
3,500
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011
Historical Pending Sales Activity
3,145
4,3474,678
2009 2010 2011
Year To Date
+7.6%+52.8% +3.9% +38.2%
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Closed Sales A count of actual sales that have closed within a given month.
MonthPrior Year
Current Year
+/–
April 1,075 1,575 +46.5%
May 1,276 1,544 +21.0%
June 1,371 1,800 +31.3%
July 1,434 1,367 -4.7%
August 1,220 1,419 +16.3%
September 1,378 1,302 -5.5%
October 1,411 1,119 -20.7%
November 1,327 1,104 -16.8%
December 1,381 1,462 +5.9%
January 921 1,035 +12.4%
February 1,024 1,195 +16.7%
March 1,548 1,438 -7.1%
1,080
1,5481,438
2009 2010 2011
March
2,654
3,4933,668
2009 2010 2011
Year To Date
+5.0%+43.3% -7.1% +31.6%
12-Month Avg 1,281 1,363 +7.9%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 5
1,080
1,5481,438
2009 2010 2011
March
500
700
900
1,100
1,300
1,500
1,700
1,900
2,100
2,300
2,500
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011
Historical Closed Sales Activity
2,654
3,4933,668
2009 2010 2011
Year To Date
+5.0%+43.3% -7.1% +31.6%
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Days on Market Until Sale The average number of days between when a property is listed and when an offer is accepted.
MonthPrior Year
Current Year
+/–
April 109 104 -4.8%
May 112 98 -12.5%
June 113 102 -10.2%
July 105 99 -5.8%
August 101 97 -3.1%
September 104 102 -1.9%
October 108 110 +2.1%
November 99 114 +15.1%
December 107 115 +7.4%
January 102 120 +17.8%
February 102 120 +17.4%
March 104 124 +19.5%
115104
124
2009 2010 2011
March
112103
121
2009 2010 2011
Year To Date
+18.2%-9.7% +19.5% -8.5%
12-Month Avg 106 108 +2.3%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 6
115104
124
2009 2010 2011
March
40
50
60
70
80
90
100
110
120
130
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011
Historical Days on Market Until Sale
112103
121
2009 2010 2011
Year To Date
+18.2%-9.7% +19.5% -8.5%
-
Median Sales Price The median sales price for all closed sales in a given month. Does not account for seller concessions.
MonthPrior Year
Current Year
+/–
April $150,000 $136,000 -9.3%
May $165,995 $140,000 -15.7%
June $160,000 $140,838 -12.0%
July $159,700 $137,990 -13.6%
August $149,900 $135,000 -9.9%
September $145,000 $130,000 -10.3%
October $145,000 $139,000 -4.1%
November $145,473 $140,600 -3.3%
December $140,000 $130,000 -7.1%
January $132,700 $121,750 -8.3%
February $133,000 $119,900 -9.8%
March $137,500 $122,500 -10.9%
$156,900
$137,500$122,500
2009 2010 2011
March
$156,990
$135,000$121,000
2009 2010 2011
Year To Date
-10.4%-12.4% -10.9% -14.0%
12-Month Avg $149,000 $133,000 -10.7%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 7
$156,900
$137,500$122,500
2009 2010 2011
March
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
$210,000
$220,000
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011
Historical Median Sales Price
$156,990
$135,000$121,000
2009 2010 2011
Year To Date
-10.4%-12.4% -10.9% -14.0%
-
Average Sales Price The average sales price for all closed sales in a given month. Does not account for seller concessions.
MonthPrior Year
Current Year
+/–
April $176,925 $166,079 -6.1%
May $192,216 $176,407 -8.2%
June $184,612 $169,750 -8.1%
July $190,845 $168,916 -11.5%
August $179,170 $169,762 -5.3%
September $174,666 $165,836 -5.1%
October $177,494 $169,487 -4.5%
November $171,568 $183,766 +7.1%
December $169,934 $171,038 +0.6%
January $164,825 $152,621 -7.4%
February $167,078 $161,583 -3.3%
March $168,504 $158,112 -6.2%
$186,665
$168,504$158,112
2009 2010 2011
March
$187,037
$167,117$157,676
2009 2010 2011
Year To Date
- 5.6%- 9.7% - 6.2% - 10.7%
12-Month Avg $176,852 $167,985 -5.0%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 8
$186,665
$168,504$158,112
2009 2010 2011
March
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
$280,000
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011
Historical Average Sales Price
$187,037
$167,117$157,676
2009 2010 2011
Year To Date
- 5.6%- 9.7% - 6.2% - 10.7%
-
Percent of Original List Price Received
MonthPrior Year
Current Year
+/–
April 87.0% 89.9% +3.3%
May 86.9% 90.0% +3.6%
June 87.2% 89.7% +2.8%
July 88.7% 89.4% +0.8%
August 88.4% 88.7% +0.4%
September 89.3% 87.3% -2.3%
October 89.3% 87.2% -2.4%
November 90.3% 87.4% -3.3%
December 89.1% 86.3% -3.1%
January 88.6% 86.3% -2.6%
February 89.3% 86.8% -2.9%
March 89.0% 86.9% -2.3%
The average percentage found when dividing a property's sales price by the original list price. Does not account for seller concessions.
86.0% 89.0% 86.9%
2009 2010 2011
March
86.1% 89.0% 86.7%
2009 2010 2011
Year To Date
-2.6%+3.5% -2.3% +3.3%
12-Month Avg 90.9% 90.5% -0.4%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 9
86.0% 89.0% 86.9%
2009 2010 2011
March
86.0%
88.0%
90.0%
92.0%
94.0%
96.0%
98.0%
100.0%
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011
Historical Percent of Original List Price Received
86.1% 89.0% 86.7%
2009 2010 2011
Year To Date
-2.6%+3.5% -2.3% +3.3%
-
Housing Affordability Index
MonthPrior Year
Current Year
+/–
April 180 194 +8.2%
May 165 190 +15.0%
June 165 196 +18.7%
July 165 202 +22.3%
August 175 208 +18.8%
September 183 215 +17.4%
October 185 204 +10.8%
November 184 204 +10.6%
December 195 213 +9.5%
January 197 217 +10.2%
February 199 217 +9.0%
The Housing Affordability Index (HAI) measures housing affordability for the region. An HAI of 120 would mean the median household income was 120% of what is necessary to qualify for the median priced home under prevailing interest rates. The higher the HAI number, the greater the affordability.
166
193
217
March
166
196
219
Year To Date
+11.9%+16.1% +12.5% +17.9%March 193 217 +12.5%
12-Month Avg 182 206 +13.6%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 10
166
193
217
2009 2010 2011
March
100
120
140
160
180
200
220
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011
Historical Housing Affordability Index
166
196
219
2009 2010 2011
Year To Date
+11.9%+16.1% +12.5% +17.9%
-
Inventory of Homes for Sale The number of properties available for sale in active status at the end of the month.
MonthPrior Year
Current Year
+/–
April 16,620 16,274 -2.1%
May 16,404 16,401 -0.0%
June 16,176 16,493 +2.0%
July 16,223 16,521 +1.8%
August 16,072 16,336 +1.6%
September 15,945 16,097 +1.0%
October 15,939 15,733 -1.3%
November 15,856 15,161 -4.4%
December 14,995 14,050 -6.3%
January 15,458 13,971 -9.6%
February 15,726 13,425 -14.6%
March 15,985 12,642 -20.9%
16,75115,985
12,642
2009 2010 2011
March
-20.9%-4.6%
12-Month Avg 15,950 15,259 -4.4%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 11
16,75115,985
12,642
2009 2010 2011
March
5,000
7,000
9,000
11,000
13,000
15,000
17,000
19,000
21,000
23,000
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011
Historical Inventory of Homes for Sale
-20.9%-4.6%
-
Months Supply of Inventory Compares the number of active listings available to the average monthly pending sales for the last twelve months.
MonthPrior Year
Current Year
+/–
April 15.6 12.0 -23.0%
May 15.4 11.7 -24.1%
June 15.1 11.8 -22.0%
July 14.8 11.8 -20.5%
August 14.4 11.6 -19.2%
September 14.0 11.5 -17.9%
October 13.6 11.3 -16.6%
November 13.0 11.1 -14.8%
December 12.1 10.2 -15.6%
January 12.3 10.1 -18.1%
February 12.3 9.6 -22.3%
March 12.2 9.0 -26.8%
15.9
12.2
9.0
2009 2010 2011
March
-26.8%-23.0%
12-Month Avg 13.7 11.0 -20.2%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 12
15.9
12.2
9.0
2009 2010 2011
March
2
4
6
8
10
12
14
16
18
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011
Historical Months Supply of Inventory
-26.8%-23.0%
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 384 276 - 28.1% 901 708 - 21.4%
Closed Sales 125 126 + 0.8% 298 336 + 12.8%
Median Sales Price* $158,000 $140,000 - 11.4% $155,000 $139,000 - 10.3%
Percent of Original List Price Received* 90.6% 89.6% - 1.2% 89.9% 87.9% - 2.1%
Days on Market Until Sale 108 118 + 9.3% 103 125 + 21.9%
Inventory of Homes for Sale 1,364 1,151 - 15.6% -- -- --
Months Supply of Inventory 11.6 8.4 - 27.2% -- -- --
Region 01 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Southside / Mandarin / Bartram
- 28.1% + 0.8% - 11.4%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
901
708
Year to Date 2010 2011
384
276
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Southside / Mandarin / Bartram
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
901
298
708
336
New Listings Closed Sales
Year to Date 2010 2011
+ 12.8%- 21.4%
384
125
276
126
New Listings Closed Sales
March 2010 2011
+ 0.8%- 28.1%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
901
298
708
336
New Listings Closed Sales
Year to Date 2010 2011
+ 12.8%- 21.4%
384
125
276
126
New Listings Closed Sales
March 2010 2011
+ 0.8%- 28.1%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 453 328 - 27.6% 1,270 958 - 24.6%
Closed Sales 226 206 - 8.8% 505 524 + 3.8%
Median Sales Price* $136,230 $99,500 - 27.0% $135,000 $99,000 - 26.7%
Percent of Original List Price Received* 91.4% 88.6% - 3.1% 90.1% 87.2% - 3.2%
Days on Market Until Sale 85 111 + 31.1% 96 114 + 18.7%
Inventory of Homes for Sale 1,949 1,443 - 26.0% -- -- --
Months Supply of Inventory 10.9 7.3 - 33.3% -- -- --
Region 02 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Southside- 27.6% - 8.8% - 27.0%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
1,270
958
524
Year to Date 2010 2011
453
226
328
206
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Southside
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
1,270
505
958
524
New Listings Closed Sales
Year to Date 2010 2011
+ 3.8%- 24.6%
453
226
328
206
New Listings Closed Sales
March 2010 2011
- 8.8%- 27.6%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 25%
- 20%
- 15%
- 10%
- 5%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
1,270
505
958
524
New Listings Closed Sales
Year to Date 2010 2011
+ 3.8%- 24.6%
453
226
328
206
New Listings Closed Sales
March 2010 2011
- 8.8%- 27.6%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 81 55 - 32.1% 209 195 - 6.7%
Closed Sales 17 20 + 17.6% 53 59 + 11.3%
Median Sales Price* $188,500 $187,000 - 0.8% $189,750 $136,450 - 28.1%
Percent of Original List Price Received* 85.0% 82.2% - 3.3% 89.2% 85.5% - 4.1%
Days on Market Until Sale 120 213 + 77.1% 117 130 + 10.6%
Inventory of Homes for Sale 376 339 - 9.8% -- -- --
Months Supply of Inventory 18.3 13.5 - 26.3% -- -- --
Region 03 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Riverside / Avondale / Ortega
- 32.1% + 17.6% - 0.8%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
209 195
Year to Date 2010 2011
81
55
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Riverside / Avondale / Ortega
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
209
53
195
59
New Listings Closed Sales
Year to Date 2010 2011
+ 11.3%- 6.7%
81
17
55
20
New Listings Closed Sales
March 2010 2011
+ 17.6%- 32.1%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
209
53
195
59
New Listings Closed Sales
Year to Date 2010 2011
+ 11.3%- 6.7%
81
17
55
20
New Listings Closed Sales
March 2010 2011
+ 17.6%- 32.1%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 276 192 - 30.4% 704 550 - 21.9%
Closed Sales 140 109 - 22.1% 278 278 0.0%
Median Sales Price* $124,475 $95,500 - 23.3% $121,000 $103,900 - 14.1%
Percent of Original List Price Received* 90.2% 85.6% - 5.1% 91.1% 85.8% - 5.7%
Days on Market Until Sale 88 118 + 33.6% 84 109 + 28.7%
Inventory of Homes for Sale 1,031 902 - 12.5% -- -- --
Months Supply of Inventory 10.1 8.5 - 15.9% -- -- --
Region 04 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Arlington / Fort Caroline
- 30.4% - 22.1% - 23.3%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
704
550
Year to Date 2010 2011
276
140
192
09
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Arlington / Fort Caroline
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
704
278
550
278
New Listings Closed Sales
Year to Date 2010 2011
0.0%- 21.9%
276
140
192
109
New Listings Closed Sales
March 2010 2011
- 22.1%- 30.4%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 25%
- 20%
- 15%
- 10%
- 5%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
704
278
550
278
New Listings Closed Sales
Year to Date 2010 2011
0.0%- 21.9%
276
140
192
109
New Listings Closed Sales
March 2010 2011
- 22.1%- 30.4%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 147 116 - 21.1% 424 337 - 20.5%
Closed Sales 65 56 - 13.8% 164 142 - 13.4%
Median Sales Price* $53,000 $59,990 + 13.2% $72,000 $49,950 - 30.6%
Percent of Original List Price Received* 89.0% 85.9% - 3.4% 88.6% 86.4% - 2.4%
Days on Market Until Sale 73 130 + 77.5% 78 105 + 33.4%
Inventory of Homes for Sale 636 510 - 19.8% -- -- --
Months Supply of Inventory 10.8 8.6 - 20.2% -- -- --
Region 05 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Hyde Grove / Murray Hill / Lakeshore / Wesconnett
- 21.1% - 13.8% + 13.2%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
424
6
337
Year to Date 2010 2011
147
65
116
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Hyde Grove / Murray Hill / Lakeshore / Wesconnett
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
424
164
337
142
New Listings Closed Sales
Year to Date 2010 2011
- 13.4%- 20.5%
147
65
116
56
New Listings Closed Sales
March 2010 2011
- 13.8%- 21.1%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
424
164
337
142
New Listings Closed Sales
Year to Date 2010 2011
- 13.4%- 20.5%
147
65
116
56
New Listings Closed Sales
March 2010 2011
- 13.8%- 21.1%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 252 149 - 40.9% 690 468 - 32.2%
Closed Sales 106 109 + 2.8% 256 259 + 1.2%
Median Sales Price* $108,000 $88,500 - 18.1% $105,600 $85,500 - 19.0%
Percent of Original List Price Received* 92.4% 86.6% - 6.2% 91.9% 87.0% - 5.4%
Days on Market Until Sale 69 112 + 63.0% 80 109 + 36.5%
Inventory of Homes for Sale 964 710 - 26.3% -- -- --
Months Supply of Inventory 10.0 7.2 - 28.0% -- -- --
Region 06 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
West Jacksonville- 40.9% + 2.8% - 18.1%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
690
468
Year to Date 2010 2011
252
14909
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
West Jacksonville
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
690
256
468
259
New Listings Closed Sales
Year to Date 2010 2011
+ 1.2%- 32.2%
252
106149
109
New Listings Closed Sales
March 2010 2011
+ 2.8%- 40.9%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 25%
- 20%
- 15%
- 10%
- 5%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
690
256
468
259
New Listings Closed Sales
Year to Date 2010 2011
+ 1.2%- 32.2%
252
106149
109
New Listings Closed Sales
March 2010 2011
+ 2.8%- 40.9%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 216 141 - 34.7% 599 467 - 22.0%
Closed Sales 102 74 - 27.5% 253 201 - 20.6%
Median Sales Price* $17,500 $18,000 + 2.9% $18,100 $18,100 0.0%
Percent of Original List Price Received* 88.1% 84.1% - 4.5% 87.7% 84.4% - 3.8%
Days on Market Until Sale 75 94 + 25.3% 66 103 + 54.8%
Inventory of Homes for Sale 917 710 - 22.6% -- -- --
Months Supply of Inventory 10.1 9.1 - 10.0% -- -- --
Region 07 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Springfield / Downtown / Paxon / Trout River South
- 34.7% - 27.5% + 2.9%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
599
467
Year to Date 2010 2011
216
102
141
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Springfield / Downtown / Paxon / Trout River South
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 60%
- 50%
- 40%
- 30%
- 20%
- 10%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
599
253
467
201
New Listings Closed Sales
Year to Date 2010 2011
- 20.6%- 22.0%
216
102
141
74
New Listings Closed Sales
March 2010 2011
- 27.5%- 34.7%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 60%
- 50%
- 40%
- 30%
- 20%
- 10%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
599
253
467
201
New Listings Closed Sales
Year to Date 2010 2011
- 20.6%- 22.0%
216
102
141
74
New Listings Closed Sales
March 2010 2011
- 27.5%- 34.7%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 37 23 - 37.8% 103 85 - 17.5%
Closed Sales 17 19 + 11.8% 38 40 + 5.3%
Median Sales Price* $126,500 $110,000 - 13.0% $138,000 $111,745 - 19.0%
Percent of Original List Price Received* 85.0% 91.1% + 7.2% 88.5% 86.1% - 2.7%
Days on Market Until Sale 85 101 + 19.5% 86 119 + 38.6%
Inventory of Homes for Sale 168 134 - 20.2% -- -- --
Months Supply of Inventory 12.6 9.7 - 23.1% -- -- --
Region 08 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Marietta / Whitehouse / Baldwin / Garden St / Dinsmore
- 37.8% + 11.8% - 13.0%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
103
85
Year to Date 2010 2011
37
17
2319
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Marietta / Whitehouse / Baldwin / Garden St / Dinsmore
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
+ 140%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
103
38
85
40
New Listings Closed Sales
Year to Date 2010 2011
+ 5.3%- 17.5%
37
1723
19
New Listings Closed Sales
March 2010 2011
+ 11.8%- 37.8%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
+ 140%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
103
38
85
40
New Listings Closed Sales
Year to Date 2010 2011
+ 5.3%- 17.5%
37
1723
19
New Listings Closed Sales
March 2010 2011
+ 11.8%- 37.8%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 185 130 - 29.7% 505 378 - 25.1%
Closed Sales 79 70 - 11.4% 171 181 + 5.8%
Median Sales Price* $149,750 $122,000 - 18.5% $149,973 $120,000 - 20.0%
Percent of Original List Price Received* 90.1% 86.8% - 3.7% 89.8% 86.8% - 3.4%
Days on Market Until Sale 118 108 - 8.4% 114 113 - 1.3%
Inventory of Homes for Sale 795 644 - 19.0% -- -- --
Months Supply of Inventory 10.7 8.3 - 22.4% -- -- --
Region 09 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Jacksonville - North- 29.7% - 11.4% - 18.5%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
505
378
Year to Date 2010 2011
185
79
130
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Jacksonville - North
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
505
171
378
181
New Listings Closed Sales
Year to Date 2010 2011
+ 5.8%- 25.1%
185
79
130
70
New Listings Closed Sales
March 2010 2011
- 11.4%- 29.7%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
505
171
378
181
New Listings Closed Sales
Year to Date 2010 2011
+ 5.8%- 25.1%
185
79
130
70
New Listings Closed Sales
March 2010 2011
- 11.4%- 29.7%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 102 65 - 36.3% 257 208 - 19.1%
Closed Sales 37 40 + 8.1% 71 100 + 40.8%
Median Sales Price* $230,000 $172,500 - 25.0% $213,800 $171,900 - 19.6%
Percent of Original List Price Received* 86.3% 85.5% - 0.9% 88.8% 86.8% - 2.3%
Days on Market Until Sale 122 105 - 14.2% 124 111 - 10.5%
Inventory of Homes for Sale 344 301 - 12.5% -- -- --
Months Supply of Inventory 11.5 8.2 - 28.9% -- -- --
Region 12 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Fleming Island Area
- 36.3% + 8.1% - 25.0%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
257
208
Year to Date 2010 2011
102
65
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Fleming Island Area
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
257
71
208
100
New Listings Closed Sales
Year to Date 2010 2011
+ 40.8%- 19.1%
102
37
65
40
New Listings Closed Sales
March 2010 2011
+ 8.1%- 36.3%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
257
71
208
100
New Listings Closed Sales
Year to Date 2010 2011
+ 40.8%- 19.1%
102
37
65
40
New Listings Closed Sales
March 2010 2011
+ 8.1%- 36.3%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 205 146 - 28.8% 546 454 - 16.8%
Closed Sales 112 97 - 13.4% 255 255 0.0%
Median Sales Price* $137,500 $126,000 - 8.4% $132,300 $115,000 - 13.1%
Percent of Original List Price Received* 89.7% 85.9% - 4.2% 89.4% 87.5% - 2.1%
Days on Market Until Sale 82 129 + 57.1% 93 115 + 23.3%
Inventory of Homes for Sale 853 634 - 25.7% -- -- --
Months Supply of Inventory 9.3 6.9 - 25.7% -- -- --
Region 13 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Orange Park- 28.8% - 13.4% - 8.4%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
546
255
454
255
Year to Date 2010 2011
205
112146
97
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Orange Park
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 18%
- 16%
- 14%
- 12%
- 10%
- 8%
- 6%
- 4%
- 2%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
546
255
454
255
New Listings Closed Sales
Year to Date 2010 2011
0.0%- 16.8%
205
112146
97
New Listings Closed Sales
March 2010 2011
- 13.4%- 28.8%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 18%
- 16%
- 14%
- 12%
- 10%
- 8%
- 6%
- 4%
- 2%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
546
255
454
255
New Listings Closed Sales
Year to Date 2010 2011
0.0%- 16.8%
205
112146
97
New Listings Closed Sales
March 2010 2011
- 13.4%- 28.8%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 134 104 - 22.4% 372 284 - 23.7%
Closed Sales 64 58 - 9.4% 148 127 - 14.2%
Median Sales Price* $134,450 $112,450 - 16.4% $138,400 $124,900 - 9.8%
Percent of Original List Price Received* 89.2% 87.5% - 1.8% 89.7% 88.0% - 2.0%
Days on Market Until Sale 95 113 + 19.8% 102 116 + 13.5%
Inventory of Homes for Sale 499 411 - 17.6% -- -- --
Months Supply of Inventory 9.8 8.1 - 17.1% -- -- --
Region 14 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Middleburg Vicinity
- 22.4% - 9.4% - 16.4%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
372
148
284
Year to Date 2010 2011
134
64
104
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Middleburg Vicinity
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 20%
- 18%
- 16%
- 14%
- 12%
- 10%
- 8%
- 6%
- 4%
- 2%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
372
148
284
127
New Listings Closed Sales
Year to Date 2010 2011
- 14.2%- 23.7%
134
64
104
58
New Listings Closed Sales
March 2010 2011
- 9.4%- 22.4%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 20%
- 18%
- 16%
- 14%
- 12%
- 10%
- 8%
- 6%
- 4%
- 2%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
372
148
284
127
New Listings Closed Sales
Year to Date 2010 2011
- 14.2%- 23.7%
134
64
104
58
New Listings Closed Sales
March 2010 2011
- 9.4%- 22.4%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 22 25 + 13.6% 68 78 + 14.7%
Closed Sales 9 16 + 77.8% 18 26 + 44.4%
Median Sales Price* $88,000 $65,000 - 26.1% $65,500 $68,000 + 3.8%
Percent of Original List Price Received* 88.3% 81.1% - 8.2% 82.0% 78.9% - 3.7%
Days on Market Until Sale 99 165 + 66.4% 144 152 + 5.9%
Inventory of Homes for Sale 192 184 - 4.2% -- -- --
Months Supply of Inventory 21.7 20.4 - 5.9% -- -- --
Region 15 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Keystone Heights Vicinity
+ 13.6% + 77.8% - 26.1%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
6878
Year to Date 2010 2011
2225
16
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Keystone Heights Vicinity
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
68
18
78
26
New Listings Closed Sales
Year to Date 2010 2011
+ 44.4%+ 14.7%
22
9
25
16
New Listings Closed Sales
March 2010 2011
+ 77.8%+ 13.6%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
68
18
78
26
New Listings Closed Sales
Year to Date 2010 2011
+ 44.4%+ 14.7%
22
9
25
16
New Listings Closed Sales
March 2010 2011
+ 77.8%+ 13.6%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 31 22 - 29.0% 79 80 + 1.3%
Closed Sales 17 9 - 47.1% 27 26 - 3.7%
Median Sales Price* $182,450 $125,000 - 31.5% $169,596 $125,000 - 26.3%
Percent of Original List Price Received* 90.7% 85.1% - 6.2% 86.8% 85.9% - 1.0%
Days on Market Until Sale 109 151 + 39.3% 116 102 - 11.6%
Inventory of Homes for Sale 164 135 - 17.7% -- -- --
Months Supply of Inventory 14.7 13.5 - 8.1% -- -- --
Region 16 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Green Cove Springs
- 29.0% - 47.1% - 31.5%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
79 80
Year to Date 2010 2011
31
1722
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Green Cove Springs
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
79
27
80
26
New Listings Closed Sales
Year to Date 2010 2011
- 3.7%+ 1.3%
31
1722
9
New Listings Closed Sales
March 2010 2011
- 47.1%- 29.0%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
79
27
80
26
New Listings Closed Sales
Year to Date 2010 2011
- 3.7%+ 1.3%
31
1722
9
New Listings Closed Sales
March 2010 2011
- 47.1%- 29.0%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 85 77 - 9.4% 211 224 + 6.2%
Closed Sales 37 41 + 10.8% 77 99 + 28.6%
Median Sales Price* $283,000 $228,000 - 19.4% $213,000 $210,000 - 1.4%
Percent of Original List Price Received* 87.3% 88.0% + 0.8% 87.1% 88.1% + 1.1%
Days on Market Until Sale 117 114 - 2.7% 110 120 + 9.5%
Inventory of Homes for Sale 494 327 - 33.8% -- -- --
Months Supply of Inventory 19.2 9.3 - 51.7% -- -- --
Region 21 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Jacksonville Beach- 9.4% + 10.8% - 19.4%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
211 224
99
Year to Date 2010 2011
85
37
77
41
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Jacksonville Beach
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
211
77
224
99
New Listings Closed Sales
Year to Date 2010 2011
+ 28.6%+ 6.2%
85
37
77
41
New Listings Closed Sales
March 2010 2011
+ 10.8%- 9.4%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
211
77
224
99
New Listings Closed Sales
Year to Date 2010 2011
+ 28.6%+ 6.2%
85
37
77
41
New Listings Closed Sales
March 2010 2011
+ 10.8%- 9.4%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 18 8 - 55.6% 42 32 - 23.8%
Closed Sales 2 4 + 100.0% 13 9 - 30.8%
Median Sales Price* $338,500 $210,000 - 38.0% $200,000 $238,000 + 19.0%
Percent of Original List Price Received* 67.7% 87.4% + 29.2% 84.8% 91.7% + 8.1%
Days on Market Until Sale 170 91 - 46.8% 73 76 + 3.8%
Inventory of Homes for Sale 83 61 - 26.5% -- -- --
Months Supply of Inventory 14.6 12.6 - 13.8% -- -- --
Region 22 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Neptune Beach- 55.6% + 100.0% - 38.0%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
42
32
Year to Date 2010 2011
18
8
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Neptune Beach
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
42
13
32
9
New Listings Closed Sales
Year to Date 2010 2011
- 30.8%- 23.8%
18
2
8
4
New Listings Closed Sales
March 2010 2011
+ 100.0%- 55.6%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
42
13
32
9
New Listings Closed Sales
Year to Date 2010 2011
- 30.8%- 23.8%
18
2
8
4
New Listings Closed Sales
March 2010 2011
+ 100.0%- 55.6%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 46 29 - 37.0% 122 81 - 33.6%
Closed Sales 25 16 - 36.0% 55 38 - 30.9%
Median Sales Price* $160,000 $212,500 + 32.8% $165,000 $144,500 - 12.4%
Percent of Original List Price Received* 85.8% 84.8% - 1.2% 86.0% 84.8% - 1.4%
Days on Market Until Sale 155 100 - 35.4% 152 106 - 30.7%
Inventory of Homes for Sale 216 144 - 33.3% -- -- --
Months Supply of Inventory 11.9 7.8 - 34.8% -- -- --
Region 23 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Atlantic Beach- 37.0% - 36.0% + 32.8%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
122
55
81
Year to Date 2010 2011
46
2529
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Atlantic Beach
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
+ 60%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
122
55
81
38
New Listings Closed Sales
Year to Date 2010 2011
- 30.9%- 33.6%
46
2529
16
New Listings Closed Sales
March 2010 2011
- 36.0%- 37.0%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
+ 60%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
122
55
81
38
New Listings Closed Sales
Year to Date 2010 2011
- 30.9%- 33.6%
46
2529
16
New Listings Closed Sales
March 2010 2011
- 36.0%- 37.0%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 41 31 - 24.4% 106 80 - 24.5%
Closed Sales 13 12 - 7.7% 28 31 + 10.7%
Median Sales Price* $191,500 $496,250 + 159.1% $410,000 $223,500 - 45.5%
Percent of Original List Price Received* 82.3% 86.2% + 4.8% 80.6% 83.8% + 4.0%
Days on Market Until Sale 121 127 + 4.9% 153 142 - 7.2%
Inventory of Homes for Sale 193 161 - 16.6% -- -- --
Months Supply of Inventory 22.9 11.2 - 51.3% -- -- --
Region 25 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Ponte Vedra Beach North
- 24.4% - 7.7% + 159.1%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
106
80
Year to Date 2010 2011
41
31
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Ponte Vedra Beach North
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 80%
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
106
28
80
31
New Listings Closed Sales
Year to Date 2010 2011
+ 10.7%- 24.5%
41
13
31
12
New Listings Closed Sales
March 2010 2011
- 7.7%- 24.4%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 80%
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
106
28
80
31
New Listings Closed Sales
Year to Date 2010 2011
+ 10.7%- 24.5%
41
13
31
12
New Listings Closed Sales
March 2010 2011
- 7.7%- 24.4%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 129 164 + 27.1% 379 374 - 1.3%
Closed Sales 56 74 + 32.1% 105 156 + 48.6%
Median Sales Price* $280,000 $330,000 + 17.9% $308,000 $292,655 - 5.0%
Percent of Original List Price Received* 86.4% 88.0% + 1.8% 87.3% 87.1% - 0.3%
Days on Market Until Sale 158 174 + 9.8% 149 168 + 12.8%
Inventory of Homes for Sale 790 688 - 12.9% -- -- --
Months Supply of Inventory 18.3 12.9 - 29.5% -- -- --
Region 26 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Ponte Vedra Bch / S Ponte Vedra Beach / Vilano Bch / Palm Valley /
Ponte Vedra / Nocatee
+ 27.1% + 32.1% + 17.9%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
379 374
156
Year to Date 2010 2011
129
164
74
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Ponte Vedra Bch / S Ponte Vedra Beach / Vilano Bch / Palm Valley / Ponte Vedra / Nocatee
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
379
105
374
156
New Listings Closed Sales
Year to Date 2010 2011
+ 48.6%- 1.3%
129
56
164
74
New Listings Closed Sales
March 2010 2011
+ 32.1%+ 27.1%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
379
105
374
156
New Listings Closed Sales
Year to Date 2010 2011
+ 48.6%- 1.3%
129
56
164
74
New Listings Closed Sales
March 2010 2011
+ 32.1%+ 27.1%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 297 207 - 30.3% 728 568 - 22.0%
Closed Sales 110 109 - 0.9% 273 283 + 3.7%
Median Sales Price* $222,990 $185,000 - 17.0% $222,645 $199,450 - 10.4%
Percent of Original List Price Received* 91.1% 90.6% - 0.5% 90.3% 89.6% - 0.8%
Days on Market Until Sale 109 121 + 11.9% 114 134 + 17.9%
Inventory of Homes for Sale 1,086 892 - 17.9% -- -- --
Months Supply of Inventory 10.2 8.1 - 20.5% -- -- --
Region 30 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - NW
- 30.3% - 0.9% - 17.0%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
728
568
Year to Date 2010 2011
297
207
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
St. Johns County - NW
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 18%
- 16%
- 14%
- 12%
- 10%
- 8%
- 6%
- 4%
- 2%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
728
273
568
283
New Listings Closed Sales
Year to Date 2010 2011
+ 3.7%- 22.0%
297
110
207
109
New Listings Closed Sales
March 2010 2011
- 0.9%- 30.3%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 18%
- 16%
- 14%
- 12%
- 10%
- 8%
- 6%
- 4%
- 2%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
728
273
568
283
New Listings Closed Sales
Year to Date 2010 2011
+ 3.7%- 22.0%
297
110
207
109
New Listings Closed Sales
March 2010 2011
- 0.9%- 30.3%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 38 12 - 68.4% 104 64 - 38.5%
Closed Sales 15 13 - 13.3% 31 31 0.0%
Median Sales Price* $239,900 $250,000 + 4.2% $272,500 $270,820 - 0.6%
Percent of Original List Price Received* 81.8% 90.1% + 10.1% 87.1% 88.1% + 1.1%
Days on Market Until Sale 182 104 - 43.0% 156 153 - 1.9%
Inventory of Homes for Sale 154 100 - 35.1% -- -- --
Months Supply of Inventory 13.3 8.8 - 34.1% -- -- --
Region 31 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - NE
- 68.4% - 13.3% + 4.2%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
104
64
Year to Date 2010 2011
38
15
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
St. Johns County - NE
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 60%
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
104
31
64
31
New Listings Closed Sales
Year to Date 2010 2011
0.0%- 38.5%
38
1512 13
New Listings Closed Sales
March 2010 2011
- 13.3%- 68.4%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 60%
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
104
31
64
31
New Listings Closed Sales
Year to Date 2010 2011
0.0%- 38.5%
38
1512 13
New Listings Closed Sales
March 2010 2011
- 13.3%- 68.4%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 17 6 - 64.7% 48 30 - 37.5%
Closed Sales 5 6 + 20.0% 16 25 + 56.3%
Median Sales Price* $253,000 $512,500 + 102.6% $223,000 $180,113 - 19.2%
Percent of Original List Price Received* 81.4% 73.0% - 10.3% 86.8% 81.8% - 5.7%
Days on Market Until Sale 256 235 - 8.4% 153 133 - 13.1%
Inventory of Homes for Sale 130 73 - 43.8% -- -- --
Months Supply of Inventory 25.2 8.8 - 65.2% -- -- --
Region 32 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. John's County - St. Augustine Area - East of
US 1
- 64.7% + 20.0% + 102.6%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
48
3025
Year to Date 2010 2011
17
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
St. John's County - St. Augustine Area - East of US 1
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
48
16
3025
New Listings Closed Sales
Year to Date 2010 2011
+ 56.3%- 37.5%
17
56 6
New Listings Closed Sales
March 2010 2011
+ 20.0%- 64.7%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
48
16
3025
New Listings Closed Sales
Year to Date 2010 2011
+ 56.3%- 37.5%
17
56 6
New Listings Closed Sales
March 2010 2011
+ 20.0%- 64.7%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 114 62 - 45.6% 325 224 - 31.1%
Closed Sales 46 42 - 8.7% 100 135 + 35.0%
Median Sales Price* $131,550 $155,000 + 17.8% $143,000 $150,000 + 4.9%
Percent of Original List Price Received* 89.2% 86.1% - 3.5% 87.0% 85.1% - 2.2%
Days on Market Until Sale 125 160 + 27.9% 127 148 + 16.6%
Inventory of Homes for Sale 562 436 - 22.4% -- -- --
Months Supply of Inventory 13.8 8.8 - 36.2% -- -- --
Region 33 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - SE
- 45.6% - 8.7% + 17.8%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
325
224
135
Year to Date 2010 2011
114
4662
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
St. Johns County - SE
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
325
100
224
135
New Listings Closed Sales
Year to Date 2010 2011
+ 35.0%- 31.1%
114
4662
42
New Listings Closed Sales
March 2010 2011
- 8.7%- 45.6%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
325
100
224
135
New Listings Closed Sales
Year to Date 2010 2011
+ 35.0%- 31.1%
114
4662
42
New Listings Closed Sales
March 2010 2011
- 8.7%- 45.6%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 26 10 - 61.5% 54 38 - 29.6%
Closed Sales 5 6 + 20.0% 15 17 + 13.3%
Median Sales Price* $30,000 $64,250 + 114.2% $82,500 $61,250 - 25.8%
Percent of Original List Price Received* 82.7% 96.1% + 16.3% 88.8% 89.6% + 1.0%
Days on Market Until Sale 66 72 + 9.1% 70 69 - 2.0%
Inventory of Homes for Sale 107 76 - 29.0% -- -- --
Months Supply of Inventory 22.1 10.1 - 54.2% -- -- --
Region 34 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - SW
- 61.5% + 20.0% + 114.2%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
54
38
Year to Date 2010 2011
26
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
St. Johns County - SW
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
54
15
38
17
New Listings Closed Sales
Year to Date 2010 2011
+ 13.3%- 29.6%
26
5
106
New Listings Closed Sales
March 2010 2011
+ 20.0%- 61.5%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
54
15
38
17
New Listings Closed Sales
Year to Date 2010 2011
+ 13.3%- 29.6%
26
5
106
New Listings Closed Sales
March 2010 2011
+ 20.0%- 61.5%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 95 79 - 16.8% 235 191 - 18.7%
Closed Sales 43 39 - 9.3% 84 107 + 27.4%
Median Sales Price* $150,000 $109,000 - 27.3% $144,500 $130,000 - 10.0%
Percent of Original List Price Received* 85.3% 86.2% + 1.0% 85.6% 85.8% + 0.3%
Days on Market Until Sale 115 131 + 13.7% 110 127 + 15.9%
Inventory of Homes for Sale 408 305 - 25.2% -- -- --
Months Supply of Inventory 13.2 8.1 - 38.9% -- -- --
Region 40 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Nassau County- 16.8% - 9.3% - 27.3%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
235
191
107
Year to Date 2010 2011
95
43
79
39
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Nassau County
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
235
84
191
107
New Listings Closed Sales
Year to Date 2010 2011
+ 27.4%- 18.7%
95
43
79
39
New Listings Closed Sales
March 2010 2011
- 9.3%- 16.8%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
235
84
191
107
New Listings Closed Sales
Year to Date 2010 2011
+ 27.4%- 18.7%
95
43
79
39
New Listings Closed Sales
March 2010 2011
- 9.3%- 16.8%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 32 25 - 21.9% 79 62 - 21.5%
Closed Sales 8 6 - 25.0% 25 24 - 4.0%
Median Sales Price* $157,000 $101,625 - 35.3% $142,500 $101,625 - 28.7%
Percent of Original List Price Received* 84.7% 86.7% + 2.4% 85.8% 90.4% + 5.4%
Days on Market Until Sale 191 109 - 43.2% 182 113 - 38.1%
Inventory of Homes for Sale 148 111 - 25.0% -- -- --
Months Supply of Inventory 19.3 10.9 - 43.4% -- -- --
Region 50 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Baker County- 21.9% - 25.0% - 35.3%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
79
62
Year to Date 2010 2011
32
25
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Baker County
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
79
25
62
24
New Listings Closed Sales
Year to Date 2010 2011
- 4.0%- 21.5%
32
8
25
6
New Listings Closed Sales
March 2010 2011
- 25.0%- 21.9%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
79
25
62
24
New Listings Closed Sales
Year to Date 2010 2011
- 4.0%- 21.5%
32
8
25
6
New Listings Closed Sales
March 2010 2011
- 25.0%- 21.9%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 54 40 - 25.9% 155 116 - 25.2%
Closed Sales 23 17 - 26.1% 46 46 0.0%
Median Sales Price* $77,900 $55,450 - 28.8% $72,500 $66,000 - 9.0%
Percent of Original List Price Received* 81.6% 73.5% - 9.9% 82.5% 77.8% - 5.7%
Days on Market Until Sale 190 174 - 8.3% 132 167 + 26.3%
Inventory of Homes for Sale 395 345 - 12.7% -- -- --
Months Supply of Inventory 26.2 20.5 - 21.7% -- -- --
Region 56 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Putnam County NE- 25.9% - 26.1% - 28.8%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
155
116
Year to Date 2010 2011
54
23
40
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
All MLS
Putnam County NE
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. All data provided by the Northeast Florida Multiple Listing Service.
All data provided by the Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 35%
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
155
46
116
46
New Listings Closed Sales
Year to Date 2010 2011
0.0%- 25.2%
54
23
40
17
New Listings Closed Sales
March 2010 2011
- 26.1%- 25.9%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
- 35%
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011
Change in Median Sales Price from Prior Year (6-Month Average)**b
a
155
46
116
46
New Listings Closed Sales
Year to Date 2010 2011
0.0%- 25.2%
54
23
40
17
New Listings Closed Sales
March 2010 2011
- 26.1%- 25.9%
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B
-
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2010 2011 + / – 2010 2011 + / –
New Listings 38 32 - 15.8% 84 71 - 15.5%
Closed Sales 10 19 + 90.0% 17 37 + 117.6%
Median Sales Price* $66,700 $28,000 - 58.0% $56,950 $33,750 - 40.7%
Percent of Original List Price Received* 80.1% 74.1% - 7.5% 82.8% 75.9% - 8.4%
Days on Market Until Sale 172 159 - 7.5% 159 174 + 9.1%
Inventory of Homes for Sale 206 162 - 21.4% -- -- --
Months Supply of Inventory 25.2 15.6 - 38.0% -- -- --
Region 57 March Year to Date
Local Market Update – March 2011
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Putnam County - West
- 15.8% + 90.0% - 58.0%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
8471
37
Year to Date 2010 2011
38
32
19
March 2010 2011
0B0B0B
0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0
