Upload
others
View
0
Download
0
Embed Size (px)
Citation preview
Monthly Indicators A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS
September 2012 Quick Facts
Market Overview 2New Listings 3Pending Sales 4Closed Sales 5Days On Market Until Sale 6Median Sales Price 7Average Sales Price 8
910
Housing Affordability Index 11Inventory of Homes for Sale 12Months Supply of Inventory 13Housing Supply Overview Report 14
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | 1
+ 8.9%Change in
Median Sales Price
Most housing metrics should follow their usual, autumnal movements – higher inventory and days on market, fewer sales, lower prices. That applies only to month-to-month seasonal trends; most indicators should still show improvement on a year-over-year basis. As you already know, all real estate is local – down to the city neighborhood, suburban development and exurban lot. Let's dive into some local figures.
New Listings in the Northeast Florida region increased 4.6 percent to 2,204. Pending Sales were up 39.9 percent to 1,870. Inventory levels shrank 30.2 percent to 8,789 units.
Prices moved higher. The Median Sales Price increased 8.9 percent to $135,000. Days on Market was down 5.2 percent to 109 days. The supply-demand balance stabilized as Months Supply of Inventory was down 38.6 percent to 5.5 months.
Not to get negative like a political TV ad, but sluggish job growth, persistently high gas prices, drought-induced spikes in food prices and other global events could threaten consumer confidence. The Fed's mortgage purchases drove Freddie Mac's average 30-year fixed-rate mortgage survey to an all-time low of 3.40 percent. Employment growth remains critical, providing the jobs that will stimulate housing demand and push home prices up to help beleaguered homeowners that have been financially unable to sell for several years.
- 30.2%Change inInventory
- 8.3%Change in
Closed Sales
Area breakouts of 29 submarkets begin after page 20.Click on desired metric to jump to that page.
Percent of Original List Price Received
Residential real estate activity comprised of single-family properties, townhomes, and condominiums combined.
Percent of Properties Sold Over List Price
Market OverviewKey market metrics for the current month and year-to-date.
Key Metrics Historical Sparklines 9-2011 9-2012 +/- YTD 2011 YTD 2012 +/-
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 2
9.0
224 - 1.8%
- 30.2%
- 38.6%
8,789
5.5
222
--
-- --
--
--Months Supplyof Homes for Sale
Inventory of Homes for Sale
- 3.5%
1,337 1,870 + 39.9% 13,211 15,259 + 15.5%
20,7632,108 2,204 + 4.6% 21,519
1,395 1,279 - 8.3% 12,742
New Listings
Pending Sales
Closed Sales
Housing Affordability Index
Days on Market Until Sale
Median Sales Price
Average Sales Price
Percent of OriginalList Price Received
Percent of PropertiesSold Over List Price
+ 0.6%
--
$170,222 $179,755 + 5.6%
+ 3.0%87.9% 90.5%
228
12,590
115 109
224
$124,000 $135,000
$183,938 + 7.2%
89.1% 91.4%
$171,633
14.9% 17.4%
+ 8.9% $127,900
+ 16.6% 14.4% 15.8% + 9.6%
12,923 + 1.4%
$134,900
- 5.2% 121 113 - 6.8%
+ 5.5%
+ 2.7%
9-2009 9-2010 9-2011 9-2012
9-2009 9-2010 9-2011 9-2012
9-2009 9-2010 9-2011 9-2012
9-2009 9-2010 9-2011 9-2012
9-2009 9-2010 9-2011 9-2012
9-2009 9-2010 9-2011 9-2012
9-2009 9-2010 9-2011 9-2012
9-2009 9-2010 9-2011 9-2012
9-2009 9-2010 9-2011 9-2012
9-2009 9-2010 9-2011 9-2012
9-2009 9-2010 9-2011 9-2012
New Listings A count of the properties that have been newly listed on the market in a given month.
MonthPrior Year
Current Year
+/–
October 2,345 2,167 -7.6%
November 1,994 1,840 -7.7%
December 1,957 1,665 -14.9%
January 2,750 2,430 -11.6%
February 2,280 2,374 +4.1%
March 2,682 2,442 -8.9%
April 2,341 2,360 +0.8%
May 2,326 2,301 -1.1%
June 2,471 2,260 -8.5%
July 2,222 2,144 -3.5%
August 2,339 2,248 -3.9%
September 2,108 2,204 +4.6%
12-Month Avg 2,318 2,203 -5.0%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 3
2,710
2,108 2,204
2010 2011 2012
September
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 1-2012
Historical New Listing Activity
27,621
21,519 20,763
2010 2011 2012
Year To Date
-3.5% -22.2% +4.6% -22.1%
Pending Sales A count of the properties on which contracts have been written in a given month.
MonthPrior Year
Current Year
+/–
October 1,123 1,343 +19.6%
November 1,274 1,248 -2.0%
December 1,181 1,232 +4.3%
January 1,246 1,370 +10.0%
February 1,382 1,514 +9.6%
March 1,714 1,711 -0.2%
April 1,457 1,664 +14.2%
May 1,549 1,804 +16.5%
June 1,587 1,718 +8.3%
July 1,442 1,706 +18.3%
August 1,497 1,902 +27.1%
September 1,337 1,870 +39.9%
12-Month Avg 1,399 1,590 +13.7%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 4
1,228 1,337
1,870
2010 2011 2012
September
750
1,000
1,250
1,500
1,750
2,000
2,250
2,500
2,750
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012
Historical Pending Sales Activity
12,902 13,211
15,259
2010 2011 2012
Year To Date
+15.5% +8.9% +39.9% +2.4%
Closed Sales A count of actual sales that have closed within a given month.
MonthPrior Year
Current Year
+/–
October 1,122 1,246 +11.1%
November 1,118 1,246 +11.4%
December 1,468 1,445 -1.6%
January 1,043 1,017 -2.5%
February 1,212 1,248 +3.0%
March 1,529 1,540 +0.7%
April 1,528 1,449 -5.2%
May 1,450 1,599 +10.3%
June 1,622 1,685 +3.9%
July 1,416 1,510 +6.6%
August 1,547 1,596 +3.2%
September 1,395 1,279 -8.3%
12-Month Avg 1,371 1,405 +2.7%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 5
1,303 1,395
1,279
2010 2011 2012
September
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 1-2012
Historical Closed Sales Activity
12,506 12,742 12,923
2010 2011 2012
Year To Date
+1.4% +7.1% -8.3% +1.9%
Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted in a given month.
MonthPrior Year
Current Year
+/–
October 110 125 +13.4%
November 114 119 +4.0%
December 114 119 +3.9%
January 119 120 +0.9%
February 120 121 +1.0%
March 123 118 -4.7%
April 123 115 -6.6%
May 119 107 -10.1%
June 128 104 -18.8%
July 120 117 -2.7%
August 121 110 -8.6%
September 115 109 -5.2%
12-Month Avg 119 115 -3.8%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 6
102
115 109
2010 2011 2012
September
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 1-2012
Historical Days on Market Until Sale
101
121 113
2010 2011 2012
Year To Date
-6.8% +12.4% -5.2% +19.9%
Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month.
MonthPrior Year
Current Year
+/–
October $139,050 $127,900 -8.0%
November $140,900 $131,000 -7.0%
December $130,000 $126,500 -2.7%
January $122,000 $115,000 -5.7%
February $120,000 $119,900 -0.1%
March $124,063 $130,000 +4.8%
April $125,500 $136,003 +8.4%
May $130,000 $134,000 +3.1%
June $135,364 $148,493 +9.7%
July $130,000 $139,000 +6.9%
August $137,000 $140,000 +2.2%
September $124,000 $135,000 +8.9%
12-Month Med $129,900 $132,500 +2.0%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 7
$130,000 $124,000
$135,000
2010 2011 2012
September
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
$220,000
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012
Historical Median Sales Price
$136,000 $127,900
$134,900
2010 2011 2012
Year To Date
+5.5% -4.6% +8.9% -6.0%
Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month.
MonthPrior Year
Current Year
+/–
October $169,419 $163,297 -3.6%
November $184,124 $163,266 -11.3%
December $170,906 $166,622 -2.5%
January $154,625 $154,843 +0.1%
February $162,482 $156,863 -3.5%
March $158,744 $172,959 +9.0%
April $168,135 $181,969 +8.2%
May $171,269 $183,331 +7.0%
June $183,496 $198,767 +8.3%
July $175,988 $176,119 +0.1%
August $178,556 $193,678 +8.5%
September $171,633 $183,938 +7.2%
12-Month Avg $171,160 $176,217 +3.0%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 8
$165,747 $171,633 $183,938
2010 2011 2012
September
$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 1-2012
Historical Average Sales Price
$168,702 $170,222 $179,755
2010 2011 2012
Year To Date
+ 5.6% + 3.6% + 7.2% + 0.9%
Percent of Original List Price Received
MonthPrior Year
Current Year
+/–
October 87.2% 89.1% +2.2%
November 87.4% 89.8% +2.8%
December 86.3% 89.0% +3.1%
January 86.3% 88.9% +3.0%
February 86.8% 88.9% +2.4%
March 87.0% 89.7% +3.1%
April 87.1% 90.2% +3.6%
May 88.0% 91.0% +3.5%
June 87.9% 91.4% +4.0%
July 89.1% 90.8% +2.0%
August 88.9% 91.5% +2.9%
September 89.1% 91.4% +2.7%
12-Month Avg 87.6% 90.2% +3.0%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 9
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold in a given month, not accounting for seller concessions.
87.3% 89.1% 91.4%
2010 2011 2012
September
84%
86%
88%
90%
92%
94%
96%
98%
100%
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012
Historical Percent of Original List Price Received
89.2% 87.9% 90.5%
2010 2011 2012
Year To Date
+3.0% +2.0% +2.7% -1.5%
Percent of Properties Sold Over List Price
MonthPrior Year
Current Year
+/–
October 13.9% 14.0% +0.4%
November 10.9% 16.6% +52.0%
December 13.9% 15.1% +8.2%
January 14.5% 14.0% -3.5%
February 15.0% 14.8% -1.2%
March 14.9% 14.9% +0.2%
April 13.3% 14.8% +10.8%
May 15.2% 17.3% +14.5%
June 13.8% 16.3% +17.9%
July 15.8% 16.1% +2.3%
August 12.7% 15.7% +23.5%
September 14.9% 17.4% +16.6%
12-Month Avg 14.1% 15.7% +11.0%
Percent of closed sales that sold for more than the most recent list price.
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 10
14.6% 14.9%
17.4%
2010 2011 2012
September
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 1-2012
Historical Percent of Properties Sold Over List Price
15.5% 14.4%
15.8%
2010 2011 2012
Year To Date
+9.6% +2.2% +16.6% -6.9%
Housing Affordability Index
MonthPrior Year
Current Year
+/–
October 204 220 +7.5%
November 203 218 +7.2%
December 213 225 +5.6%
January 216 243 +12.4%
February 217 235 +8.2%
March 215 219 +2.2%
April 213 214 +0.4%
May 211 218 +2.9%
June 207 203 -2.3%
July 212 216 +2.2%
August 208 215 +3.3%
September 228 224 -1.8%
12-Month Avg 212 221 +4.0%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 11
This index measures housing affordability for the region. An index of 120 means the median household income was 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
215 228 224
2010 2011 2012
September
100
120
140
160
180
200
220
240
260
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012
Historical Housing Affordability Index
207 222 224
2010 2011 2012
Year To Date
+0.6% +5.9% -1.8% +7.1%
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
+/–
October 16,055 12,451 -22.4%
November 15,563 12,167 -21.8%
December 14,570 11,318 -22.3%
January 14,644 11,323 -22.7%
February 14,357 11,357 -20.9%
March 14,082 11,199 -20.5%
April 13,853 11,154 -19.5%
May 13,651 10,852 -20.5%
June 13,393 10,562 -21.1%
July 13,095 10,123 -22.7%
August 12,815 9,511 -25.8%
September 12,590 8,789 -30.2%
12-Month Avg 14,056 10,901 -22.5%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 12
16,346
12,590
8,789
2010 2011 2012
September
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 1-2012
Historical Inventory of Homes for Sale
-30.2% -23.0%
Months Supply of Inventory The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.
MonthPrior Year
Current Year
+/–
October 11.9 8.8 -25.9%
November 11.4 8.6 -24.5%
December 10.6 8.0 -24.8%
January 10.6 7.9 -25.2%
February 10.4 7.9 -24.0%
March 10.2 7.8 -24.1%
April 10.3 7.7 -26.0%
May 10.0 7.3 -26.9%
June 9.7 7.1 -27.0%
July 9.5 6.7 -29.3%
August 9.2 6.2 -33.3%
September 9.0 5.5 -38.6%
12-Month Avg 10.2 7.4 -27.2%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 13
11.8
9.0
5.5
2010 2011 2012
September
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 1-2012
Historical Months Supply of Inventory
-38.6% -23.9%
September 2012 Quick Facts
$200,000 to $299,999 New Construction
Pending Sales 14Days on Market Until Sale 15Median Sales Price 16Percent of Original List Price Received 17Percent of Properties Sold Over List Price 18Inventory of Homes for Sale 19Months Supply of Inventory 20
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | 13
Single-Family
Click on desired metric to jump to that page.
Housing Supply Overview
A RESEARCH TOOL PROVIDED BY THENORTHEAST FLORIDA ASSOCIATION OF REALTORS
+ 20.9% + 16.4% + 16.3%
Price Range With Strongest Sales:
Construction Status With Strongest Sales:
Property Type With Strongest Sales:
Pending Sales A count of properties on which offers have been accepted. Based on a rolling 12-month total.
By Price Range 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
$149,999 and Below 9,697 10,859 + 12.0% 7,907 9,148 + 15.7% 1,790 1,711 - 4.4%
$150,000 to $199,999 2,568 2,844 + 10.7% 2,414 2,698 + 11.8% 154 146 - 5.2%
$200,000 to $299,999 2,436 2,944 + 20.9% 2,286 2,748 + 20.2% 150 196 + 30.7%
$300,000 to $499,999 1,385 1,668 + 20.4% 1,270 1,565 + 23.2% 115 103 - 10.4%
$500,000 to $999,999 550 586 + 6.5% 479 521 + 8.8% 71 65 - 8.5%
$1,000,000 and Above 153 181 + 18.3% 134 165 + 23.1% 19 16 - 15.8%
All Price Ranges 16,789 19,082 + 13.7% 14,490 16,845 + 16.3% 2,299 2,237 - 2.7%
By Construction Status 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
Previously Owned 14,794 16,760 + 13.3% 12,688 14,691 + 15.8% 2,106 2,069 - 1.8%
New Construction 1,995 2,322 + 16.4% 1,802 2,154 + 19.5% 193 168 - 13.0%
All Property Types 16,789 19,082 + 13.7% 14,490 16,845 + 16.3% 2,299 2,237 - 2.7%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 14
All Properties Single-Family Condo-Townhouse
9,697
2,568 2,436
1,385 550
153
10,859
2,844 2,944
1,668
586 181
$149,999 and Below
$150,000 to $199,999
$200,000 to $299,999
$300,000 to $499,999
$500,000 to $999,999
$1,000,000 and Above
By Price Range 9-2011 9-2012
14,794
1,995
16,760
2,322
Previously Owned New Construction
By Construction Status 9-2011 9-2012
+ 12.0%
14,490
2,299
16,845
2,237
Single-Family Condo-Townhouse
By Property Type 9-2011 9-2012
+ 10.7% + 20.9% + 20.4% + 18.3% + 16.3% - 2.7% + 13.3% + 16.4% + 6.5%
Days on Market Until Sale
By Price Range 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
$149,999 and Below 112 109 - 2.6% 112 112 - 0.1% 112 95 - 15.2%
$150,000 to $199,999 123 117 - 5.0% 122 114 - 6.7% 132 162 + 23.2%
$200,000 to $299,999 119 113 - 4.8% 117 112 - 4.4% 142 129 - 9.6%
$300,000 to $499,999 132 125 - 5.2% 127 123 - 3.3% 184 154 - 16.5%
$500,000 to $999,999 175 153 - 12.1% 173 146 - 15.7% 187 212 + 13.6%
$1,000,000 and Above 233 213 - 8.6% 232 210 - 9.5% 240 242 + 0.7%
All Price Ranges 119 115 - 3.8% 119 115 - 3.0% 122 110 - 9.6%
By Construction Status 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
Previously Owned 120 115 - 4.2% 119 116 - 2.9% 121 106 - 12.5%
New Construction 117 115 - 1.4% 116 112 - 3.4% 126 158 + 25.3%
All Property Types 119 115 - 3.8% 119 115 - 3.0% 122 110 - 9.6%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 15
Average number of days between when a property is listed and when an offer is accepted. Based on a rolling 12-month average.
All Properties Single-Family Condo-Townhouse
112 123 119
132
175
233
109 117 113 125
153
213
$149,999 and Below
$150,000 to $199,999
$200,000 to $299,999
$300,000 to $499,999
$500,000 to $999,999
$1,000,000 and Above
By Price Range 9-2011 9-2012
120
117
115
115
Previously Owned New Construction
By Construction Status 9-2011 9-2012
- 2.6%
119
122
115
110
Single-Family Condo-Townhouse
By Property Type 9-2011 9-2012
- 5.0% - 4.8% - 5.2% - 8.6% - 3.0% - 9.6% - 4.2% - 1.4% - 12.1%
Median Sales Price
By Construction Status 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
Previously Owned $119,000 $119,900 + 0.8% $128,650 $126,000 - 2.1% $66,000 $72,000 + 9.1%
New Construction $195,318 $215,733 + 10.5% $199,900 $218,995 + 9.6% $150,000 $163,065 + 8.7%
All Construction Statuses $129,900 $132,500 + 2.0% $140,000 $140,500 + 0.4% $70,000 $77,000 + 10.0%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 16
Median price point for all closed sales, not accounting for seller concessions. Based on a rolling 12-month median.
All Properties Single-Family Detached Condo-Townhouse Attached
$119,000
$195,318
$119,900
$215,733
Previously Owned New Construction
By Construction Status 9-2011 9-2012
$129,900 $140,000
$70,000
$132,500 $140,500
$77,000
All Properties Single-Family Detached Condo-Townhouse Attached
By Property Type 9-2011 9-2012
+ 0.4% + 10.0% + 0.8% + 2.0% + 10.5%
Percent of Original List Price Received
By Price Range 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
$149,999 and Below 86.4% 89.3% + 3.3% 86.0% 88.5% + 2.9% 88.2% 93.2% + 5.7%
$150,000 to $199,999 89.7% 91.7% + 2.2% 89.7% 91.8% + 2.2% 88.9% 89.8% + 0.9%
$200,000 to $299,999 90.3% 92.3% + 2.3% 90.3% 92.5% + 2.4% 88.9% 90.0% + 1.3%
$300,000 to $499,999 89.1% 91.6% + 2.7% 89.4% 91.6% + 2.5% 86.1% 90.3% + 4.9%
$500,000 to $999,999 85.5% 88.8% + 3.9% 85.7% 89.2% + 4.1% 83.9% 85.6% + 2.1%
$1,000,000 and Above 78.5% 81.4% + 3.8% 78.3% 80.8% + 3.2% 80.0% 87.4% + 9.3%
All Price Ranges 87.6% 90.2% + 3.0% 87.6% 90.0% + 2.7% 88.0% 92.3% + 4.9%
By Construction Status 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
Previously Owned 86.8% 89.4% + 3.0% 86.7% 89.0% + 2.7% 87.6% 92.0% + 5.0%
New Construction 93.7% 95.9% + 2.4% 93.9% 96.0% + 2.2% 92.2% 95.3% + 3.3%
All Property Types 87.6% 90.2% + 3.0% 87.6% 90.0% + 2.7% 88.0% 92.3% + 4.9%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 17
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold, not accounting for seller concessions. Based on a rolling 12-month average.
All Properties Single-Family Condo-Townhouse
86.4%
89.7% 90.3% 89.1%
85.5%
78.5%
89.3%
91.7% 92.3% 91.6%
88.8%
81.4%
$149,999 and Below
$150,000 to $199,999
$200,000 to $299,999
$300,000 to $499,999
$500,000 to $999,999
$1,000,000 and Above
By Price Range 9-2011 9-2012
86.8%
93.7%
89.4%
95.9%
Previously Owned New Construction
By Construction Status 9-2011 9-2012
+ 3.3%
87.6% 88.0%
90.0%
92.3%
Single-Family Condo-Townhouse
By Property Type 9-2011 9-2012
+ 2.2% + 2.3% + 2.7% + 3.8% + 2.7% + 4.9% + 3.0% + 2.4% + 3.9%
Percent of Properties Sold Over List Price
By Price Range 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
$149,999 and Below 18.1% 20.5% + 13.3% 17.7% 19.6% + 10.7% 20.0% 25.4% + 26.8%
$150,000 to $199,999 12.4% 11.7% - 5.9% 12.7% 12.3% - 3.7% 7.4% 1.5% - 80.1%
$200,000 to $299,999 8.2% 9.8% + 18.8% 8.2% 10.1% + 23.1% 8.5% 4.8% - 44.0%
$300,000 to $499,999 6.9% 8.4% + 22.7% 7.1% 8.7% + 23.0% 4.4% 4.1% - 6.0%
$500,000 to $999,999 2.9% 7.2% + 149.4% 3.3% 7.9% + 141.1% 0.0% 1.6% 0.0%
$1,000,000 and Above 0.7% 1.2% + 70.1% 0.8% 1.3% + 70.9% 0.0% 0.0% 0.0%
All Price Ranges 14.1% 15.7% + 11.0% 13.6% 15.1% + 10.4% 16.9% 20.0% + 18.3%
By Construction Status 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
Previously Owned 14.2% 15.4% + 9.0% 13.6% 14.6% + 7.8% 17.7% 21.1% + 18.8%
New Construction 13.6% 17.1% + 25.8% 14.2% 17.8% + 25.5% 7.7% 7.2% - 5.4%
All Property Types 14.1% 15.7% + 11.0% 13.6% 15.1% + 10.4% 16.9% 20.0% + 18.3%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 18
Percent of closed sales that sold for more than the most recent list price. Based on a rolling 12-month average.
All Properties Single-Family Condo-Townhouse
18.1%
12.4%
8.2% 6.9%
2.9%
0.7%
20.5%
11.7% 9.8%
8.4% 7.2%
1.2%
$149,999 and Below
$150,000 to $199,999
$200,000 to $299,999
$300,000 to $499,999
$500,000 to $999,999
$1,000,000 and Above
By Price Range 9-2011 9-2012
14.2% 13.6%
15.4%
17.1%
Previously Owned New Construction
By Construction Status 9-2011 9-2012
+ 13.3%
13.6%
16.9% 15.1%
20.0%
Single-Family Condo-Townhouse
By Property Type 9-2011 9-2012
- 5.9% + 18.8% + 22.7% + 70.1% + 10.4% + 18.3% + 9.0% + 25.8% + 149.4%
Inventory of Homes for Sale The number of properties available for sale in active status at the end of the most recent month. Based on one month of activity.
By Price Range 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
$149,999 and Below 6,421 3,883 - 39.5% 5,693 3,490 - 38.7% 728 393 - 46.0%
$150,000 to $199,999 1,750 1,251 - 28.5% 1,610 1,143 - 29.0% 140 108 - 22.9%
$200,000 to $299,999 1,869 1,530 - 18.1% 1,711 1,401 - 18.1% 158 129 - 18.4%
$300,000 to $499,999 1,328 1,140 - 14.2% 1,174 1,046 - 10.9% 154 94 - 39.0%
$500,000 to $999,999 827 682 - 17.5% 706 598 - 15.3% 121 84 - 30.6%
$1,000,000 and Above 395 303 - 23.3% 364 283 - 22.3% 31 20 - 35.5%
All Price Ranges 12,590 8,789 - 30.2% 11,258 7,961 - 29.3% 1,332 828 - 37.8%
By Construction Status 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
Previously Owned 11,527 7,812 - 32.2% 10,306 7,056 - 31.5% 1,221 756 - 38.1%
New Construction 1,063 977 - 8.1% 952 905 - 4.9% 111 72 - 35.1%
All Property Types 12,590 8,789 - 30.2% 11,258 7,961 - 29.3% 1,332 828 - 37.8%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 19
All Properties Single-Family Condo-Townhouse
6,421
1,750 1,869 1,328
827 395
3,883
1,251 1,530
1,140 682
303
$149,999 and Below
$150,000 to $199,999
$200,000 to $299,999
$300,000 to $499,999
$500,000 to $999,999
$1,000,000 and Above
By Price Range 9-2011 9-2012
11,527
1,063
7,812
977
Previously Owned New Construction
By Construction Status 9-2011 9-2012
- 39.5%
11,258
1,332
7,961
828
Single-Family Condo-Townhouse
By Property Type 9-2011 9-2012
- 28.5% - 18.1% - 14.2% - 23.3% - 29.3% - 37.8% - 32.2% - 8.1% - 17.5%
Months Supply of Inventory
By Price Range 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
$149,999 and Below 7.9 4.3 - 46.0% 8.6 4.6 - 47.0% 4.9 2.8 - 43.5%
$150,000 to $199,999 8.2 5.3 - 35.5% 8.0 5.1 - 36.5% 10.9 8.9 - 18.6%
$200,000 to $299,999 9.2 6.2 - 32.3% 9.0 6.1 - 31.9% 12.6 7.9 - 37.5%
$300,000 to $499,999 11.5 8.2 - 28.7% 11.1 8.0 - 27.7% 16.1 11.0 - 31.8%
$500,000 to $999,999 18.0 14.0 - 22.6% 17.7 13.8 - 22.1% 20.5 15.5 - 24.2%
$1,000,000 and Above 31.0 20.1 - 35.2% 32.6 20.6 - 36.9% 14.7 12.5 - 14.9%
All Price Ranges 9.0 5.5 - 38.6% 9.3 5.7 - 39.2% 7.0 4.4 - 36.1%
By Construction Status 9-2011 9-2012 Change 9-2011 9-2012 Change 9-2011 9-2012 Change
Previously Owned 9.4 5.6 - 40.2% 9.7 5.8 - 40.9% 7.0 4.4 - 37.0%
New Construction 6.4 5.0 - 21.0% 6.3 5.0 - 20.5% 6.9 5.1 - 25.5%
All Property Types 9.0 5.5 - 38.6% 9.3 5.7 - 39.2% 7.0 4.4 - 36.1%
All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 20
The inventory of homes for sale at the end of the most recent month, based on one month of activity, divided by the average monthly pending sales from the last 12 months.
All Properties Single-Family Condo-Townhouse
7.9 8.2 9.2 11.5
18.0
31.0
4.3 5.3 6.2 8.2
14.0
20.1
$149,999 and Below
$150,000 to $199,999
$200,000 to $299,999
$300,000 to $499,999
$500,000 to $999,999
$1,000,000 and Above
By Price Range 9-2011 9-2012
9.4
6.4 5.6
5.0
Previously Owned New Construction
By Construction Status 9-2011 9-2012
- 46.0%
9.3
7.0
5.7
4.4
Single-Family Condo-Townhouse
By Property Type 9-2011 9-2012
- 35.5% - 32.3% - 28.7% - 35.2% - 39.2% - 36.1% - 40.2% - 21.0% - 22.6%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 205 247 + 20.5% 1,986 2,051 + 3.3%
Closed Sales 137 135 - 1.5% 1,185 1,310 + 10.5%
Median Sales Price* $146,750 $152,000 + 3.6% $142,575 $151,000 + 5.9%
Percent of Original List Price Received* 89.9% 90.2% + 0.4% 88.5% 90.9% + 2.7%
Percent of Properties Sold Over List Price* 11.2% 14.9% + 33.3% 14.7% 14.4% - 2.3%
Days on Market Until Sale 112 101 - 9.6% 123 106 - 13.6%
Inventory of Homes for Sale 1,125 725 - 35.6% -- -- --
Months Supply of Inventory 8.3 4.4 - 47.1% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Southside / Mandarin /
+ 20.5% - 1.5% + 3.6%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 01 September Year to Date
1,986 2,051
Year to Date 2011 2012
205247
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Southside / Mandarin / Bartram
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,986
1,185
2,051
1,310
New Listings Closed Sales
Year to Date 2011 2012
+ 10.5%+ 3.3%
205
137
247
135
New Listings Closed Sales
September 2011 2012
- 1.5%+ 20.5%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,986
1,185
2,051
1,310
New Listings Closed Sales
Year to Date 2011 2012
+ 10.5%+ 3.3%
205
137
247
135
New Listings Closed Sales
September 2011 2012
- 1.5%+ 20.5%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 261 255 - 2.3% 2,667 2,479 - 7.0%
Closed Sales 228 171 - 25.0% 1,867 1,797 - 3.7%
Median Sales Price* $92,000 $135,750 + 47.6% $97,000 $120,000 + 23.7%
Percent of Original List Price Received* 91.1% 93.6% + 2.8% 88.7% 92.0% + 3.6%
Percent of Properties Sold Over List Price* 18.9% 18.5% - 2.6% 16.4% 17.9% + 8.8%
Days on Market Until Sale 96 93 - 3.4% 114 103 - 9.5%
Inventory of Homes for Sale 1,308 769 - 41.2% -- -- --
Months Supply of Inventory 6.6 3.5 - 46.6% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Southside- 2.3% - 25.0% + 47.6%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 02 September Year to Date
2,667
1,867
2,479
1,797
Year to Date 2011 2012
261228
255
171
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Southside
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
2,667
1,867
2,479
1,797
New Listings Closed Sales
Year to Date 2011 2012
- 3.7%- 7.0%
261228
255
171
New Listings Closed Sales
September 2011 2012
- 25.0%- 2.3%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
2,667
1,867
2,479
1,797
New Listings Closed Sales
Year to Date 2011 2012
- 3.7%- 7.0%
261228
255
171
New Listings Closed Sales
September 2011 2012
- 25.0%- 2.3%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 50 45 - 10.0% 546 465 - 14.8%
Closed Sales 35 32 - 8.6% 242 271 + 12.0%
Median Sales Price* $170,000 $167,500 - 1.5% $178,500 $182,000 + 2.0%
Percent of Original List Price Received* 86.4% 88.9% + 2.9% 86.3% 86.4% + 0.1%
Percent of Properties Sold Over List Price* 2.9% 9.4% + 228.1% 8.5% 6.7% - 21.7%
Days on Market Until Sale 142 97 - 31.7% 146 127 - 13.0%
Inventory of Homes for Sale 331 241 - 27.2% -- -- --
Months Supply of Inventory 12.0 7.7 - 36.1% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Riverside / Avondale / Ortega
- 10.0% - 8.6% - 1.5%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 03 September Year to Date
546465
Year to Date 2011 2012
50
35
45
32
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Riverside / Avondale / Ortega
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
546
242
465
271
New Listings Closed Sales
Year to Date 2011 2012
+ 12.0%- 14.8%
50
35
45
32
New Listings Closed Sales
September 2011 2012
- 8.6%- 10.0%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
546
242
465
271
New Listings Closed Sales
Year to Date 2011 2012
+ 12.0%- 14.8%
50
35
45
32
New Listings Closed Sales
September 2011 2012
- 8.6%- 10.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 148 155 + 4.7% 1,551 1,440 - 7.2%
Closed Sales 116 97 - 16.4% 937 978 + 4.4%
Median Sales Price* $95,250 $103,250 + 8.4% $107,500 $102,000 - 5.1%
Percent of Original List Price Received* 86.0% 87.1% + 1.3% 86.1% 89.5% + 4.0%
Percent of Properties Sold Over List Price* 14.3% 10.4% - 27.1% 14.1% 18.0% + 27.8%
Days on Market Until Sale 121 98 - 18.8% 115 112 - 2.6%
Inventory of Homes for Sale 874 532 - 39.1% -- -- --
Months Supply of Inventory 8.4 4.4 - 48.0% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Arlington / Fort Caroline
+ 4.7% - 16.4% + 8.4%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 04 September Year to Date
1,551 1,440
978
Year to Date 2011 2012
148
116
155
97
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Arlington / Fort Caroline
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,551
937
1,440
978
New Listings Closed Sales
Year to Date 2011 2012
+ 4.4%- 7.2%
148
116
155
97
New Listings Closed Sales
September 2011 2012
- 16.4%+ 4.7%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,551
937
1,440
978
New Listings Closed Sales
Year to Date 2011 2012
+ 4.4%- 7.2%
148
116
155
97
New Listings Closed Sales
September 2011 2012
- 16.4%+ 4.7%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 104 84 - 19.2% 995 887 - 10.9%
Closed Sales 68 38 - 44.1% 516 552 + 7.0%
Median Sales Price* $64,500 $40,000 - 38.0% $54,950 $51,500 - 6.3%
Percent of Original List Price Received* 90.7% 90.4% - 0.3% 87.3% 88.5% + 1.4%
Percent of Properties Sold Over List Price* 17.2% 18.9% + 10.1% 19.2% 20.5% + 6.7%
Days on Market Until Sale 80 90 + 12.8% 102 105 + 2.6%
Inventory of Homes for Sale 555 335 - 39.6% -- -- --
Months Supply of Inventory 9.9 4.5 - 54.4% -- -- --
Local Market Update – September 2012
* 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
- 19.2% - 44.1% - 38.0%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 05 September Year to Date
995887
Year to Date 2011 2012
104
6884
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Hyde Grove / Murray Hill / Lakeshore / Wesconnett
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
995
516
887
552
New Listings Closed Sales
Year to Date 2011 2012
+ 7.0%- 10.9%
104
6884
38
New Listings Closed Sales
September 2011 2012
- 44.1%- 19.2%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
995
516
887
552
New Listings Closed Sales
Year to Date 2011 2012
+ 7.0%- 10.9%
104
6884
38
New Listings Closed Sales
September 2011 2012
- 44.1%- 19.2%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 124 128 + 3.2% 1,298 1,229 - 5.3%
Closed Sales 74 101 + 36.5% 827 830 + 0.4%
Median Sales Price* $83,900 $94,000 + 12.0% $88,500 $90,000 + 1.7%
Percent of Original List Price Received* 84.7% 92.1% + 8.7% 86.5% 90.2% + 4.2%
Percent of Properties Sold Over List Price* 17.8% 19.0% + 6.7% 17.2% 17.1% - 0.4%
Days on Market Until Sale 132 110 - 16.6% 122 105 - 13.8%
Inventory of Homes for Sale 698 430 - 38.4% -- -- --
Months Supply of Inventory 7.8 4.1 - 48.2% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
West Jacksonville+ 3.2% + 36.5% + 12.0%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 06 September Year to Date
1,298
827
1,229
830
Year to Date 2011 2012
124
74
128
101
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
West Jacksonville
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,298
827
1,229
830
New Listings Closed Sales
Year to Date 2011 2012
+ 0.4%- 5.3%
124
74
128
101
New Listings Closed Sales
September 2011 2012
+ 36.5%+ 3.2%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,298
827
1,229
830
New Listings Closed Sales
Year to Date 2011 2012
+ 0.4%- 5.3%
124
74
128
101
New Listings Closed Sales
September 2011 2012
+ 36.5%+ 3.2%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 129 125 - 3.1% 1,241 1,169 - 5.8%
Closed Sales 60 53 - 11.7% 608 594 - 2.3%
Median Sales Price* $21,400 $26,500 + 23.8% $20,100 $21,000 + 4.5%
Percent of Original List Price Received* 87.1% 91.7% + 5.3% 86.4% 87.7% + 1.5%
Percent of Properties Sold Over List Price* 19.2% 27.1% + 40.8% 18.7% 20.0% + 7.1%
Days on Market Until Sale 107 128 + 20.3% 103 107 + 3.8%
Inventory of Homes for Sale 754 543 - 28.0% -- -- --
Months Supply of Inventory 11.2 7.2 - 35.9% -- -- --
Local Market Update – September 2012
* 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
- 3.1% - 11.7% + 23.8%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 07 September Year to Date
1,241 1,169
Year to Date 2011 2012
129 125
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Springfield / Downtown / Paxon / Trout River South
- 60%
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,241
608
1,169
594
New Listings Closed Sales
Year to Date 2011 2012
- 2.3%- 5.8%
129
60
125
53
New Listings Closed Sales
September 2011 2012
- 11.7%- 3.1%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 60%
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,241
608
1,169
594
New Listings Closed Sales
Year to Date 2011 2012
- 2.3%- 5.8%
129
60
125
53
New Listings Closed Sales
September 2011 2012
- 11.7%- 3.1%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 30 21 - 30.0% 228 208 - 8.8%
Closed Sales 3 17 + 466.7% 120 114 - 5.0%
Median Sales Price* $102,520 $122,950 + 19.9% $106,500 $120,000 + 12.7%
Percent of Original List Price Received* 74.6% 88.5% + 18.6% 84.9% 89.8% + 5.7%
Percent of Properties Sold Over List Price* 0.0% 12.5% -- 10.7% 11.9% + 11.3%
Days on Market Until Sale 92 91 - 1.5% 121 127 + 5.1%
Inventory of Homes for Sale 151 95 - 37.1% -- -- --
Months Supply of Inventory 12.9 6.0 - 53.6% -- -- --
Local Market Update – September 2012
* 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
- 30.0% + 466.7% + 19.9%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 08 September Year to Date
228208
Year to Date 2011 2012
30
21
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Marietta / Whitehouse / Baldwin / Garden St / Dinsmore
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
+ 140%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
228
120
208
114
New Listings Closed Sales
Year to Date 2011 2012
- 5.0%- 8.8%
30
3
2117
New Listings Closed Sales
September 2011 2012
+ 466.7%- 30.0%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
228
120
208
114
New Listings Closed Sales
Year to Date 2011 2012
- 5.0%- 8.8%
30
3
2117
New Listings Closed Sales
September 2011 2012
+ 466.7%- 30.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 103 103 0.0% 1,067 1,002 - 6.1%
Closed Sales 60 68 + 13.3% 626 646 + 3.2%
Median Sales Price* $125,000 $116,750 - 6.6% $124,900 $124,000 - 0.7%
Percent of Original List Price Received* 88.4% 89.7% + 1.4% 87.5% 90.4% + 3.3%
Percent of Properties Sold Over List Price* 11.9% 22.7% + 91.6% 14.9% 18.6% + 24.9%
Days on Market Until Sale 139 157 + 13.5% 129 122 - 5.5%
Inventory of Homes for Sale 659 389 - 41.0% -- -- --
Months Supply of Inventory 9.3 4.6 - 50.9% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Jacksonville - North
0.0% + 13.3% - 6.6%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 09 September Year to Date
1,067 1,002
646
Year to Date 2011 2012
103 103
68
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Jacksonville - North
- 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,067
626
1,002
646
New Listings Closed Sales
Year to Date 2011 2012
+ 3.2%- 6.1%
103
60
103
68
New Listings Closed Sales
September 2011 2012
+ 13.3%0.0%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,067
626
1,002
646
New Listings Closed Sales
Year to Date 2011 2012
+ 3.2%- 6.1%
103
60
103
68
New Listings Closed Sales
September 2011 2012
+ 13.3%0.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 46 63 + 37.0% 567 503 - 11.3%
Closed Sales 43 40 - 7.0% 347 293 - 15.6%
Median Sales Price* $192,500 $190,000 - 1.3% $190,000 $200,000 + 5.3%
Percent of Original List Price Received* 90.2% 93.8% + 4.0% 89.1% 92.0% + 3.2%
Percent of Properties Sold Over List Price* 7.1% 12.5% + 75.0% 11.0% 13.7% + 24.4%
Days on Market Until Sale 116 89 - 22.8% 113 119 + 5.7%
Inventory of Homes for Sale 270 206 - 23.7% -- -- --
Months Supply of Inventory 7.0 5.7 - 19.7% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Fleming Island Area
+ 37.0% - 7.0% - 1.3%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 12 September Year to Date
567
347
503
Year to Date 2011 2012
46 43
63
40
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Fleming Island Area
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
567
347
503
293
New Listings Closed Sales
Year to Date 2011 2012
- 15.6%- 11.3%
46 43
63
40
New Listings Closed Sales
September 2011 2012
- 7.0%+ 37.0%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
567
347
503
293
New Listings Closed Sales
Year to Date 2011 2012
- 15.6%- 11.3%
46 43
63
40
New Listings Closed Sales
September 2011 2012
- 7.0%+ 37.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 125 128 + 2.4% 1,257 1,228 - 2.3%
Closed Sales 83 82 - 1.2% 867 788 - 9.1%
Median Sales Price* $110,550 $125,000 + 13.1% $120,000 $118,050 - 1.6%
Percent of Original List Price Received* 89.7% 92.3% + 2.9% 89.1% 91.7% + 2.9%
Percent of Properties Sold Over List Price* 22.5% 22.2% - 1.2% 19.1% 19.3% + 0.8%
Days on Market Until Sale 112 120 + 7.5% 111 107 - 3.4%
Inventory of Homes for Sale 614 413 - 32.7% -- -- --
Months Supply of Inventory 6.5 4.1 - 37.1% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Orange Park+ 2.4% - 1.2% + 13.1%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 13 September Year to Date
1,257
867
1,228
788
Year to Date 2011 2012
125
83
128
82
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Orange Park
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,257
867
1,228
788
New Listings Closed Sales
Year to Date 2011 2012
- 9.1%- 2.3%
125
83
128
82
New Listings Closed Sales
September 2011 2012
- 1.2%+ 2.4%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,257
867
1,228
788
New Listings Closed Sales
Year to Date 2011 2012
- 9.1%- 2.3%
125
83
128
82
New Listings Closed Sales
September 2011 2012
- 1.2%+ 2.4%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 92 72 - 21.7% 782 676 - 13.6%
Closed Sales 62 49 - 21.0% 465 426 - 8.4%
Median Sales Price* $129,000 $110,000 - 14.7% $126,150 $132,000 + 4.6%
Percent of Original List Price Received* 91.1% 91.3% + 0.2% 89.8% 91.1% + 1.4%
Percent of Properties Sold Over List Price* 18.0% 24.5% + 35.8% 17.1% 19.6% + 14.6%
Days on Market Until Sale 109 124 + 14.7% 113 122 + 8.4%
Inventory of Homes for Sale 430 289 - 32.8% -- -- --
Months Supply of Inventory 8.4 5.4 - 35.0% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Middleburg Vicinity
- 21.7% - 21.0% - 14.7%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 14 September Year to Date
782676
Year to Date 2011 2012
92
6272
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Middleburg Vicinity
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
782
465
676
426
New Listings Closed Sales
Year to Date 2011 2012
- 8.4%- 13.6%
92
6272
49
New Listings Closed Sales
September 2011 2012
- 21.0%- 21.7%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
782
465
676
426
New Listings Closed Sales
Year to Date 2011 2012
- 8.4%- 13.6%
92
6272
49
New Listings Closed Sales
September 2011 2012
- 21.0%- 21.7%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 21 19 - 9.5% 193 187 - 3.1%
Closed Sales 11 15 + 36.4% 84 85 + 1.2%
Median Sales Price* $92,000 $99,500 + 8.2% $75,000 $64,000 - 14.7%
Percent of Original List Price Received* 78.6% 83.7% + 6.5% 79.7% 83.9% + 5.3%
Percent of Properties Sold Over List Price* 0.0% 33.3% -- 9.9% 14.8% + 50.0%
Days on Market Until Sale 193 129 - 33.5% 170 135 - 20.5%
Inventory of Homes for Sale 190 156 - 17.9% -- -- --
Months Supply of Inventory 21.7 16.0 - 26.3% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Keystone Heights Vicinity
- 9.5% + 36.4% + 8.2%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 15 September Year to Date
193 187
Year to Date 2011 2012
2119
15
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Keystone Heights Vicinity
- 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
193
84
187
85
New Listings Closed Sales
Year to Date 2011 2012
+ 1.2%- 3.1%
21
11
1915
New Listings Closed Sales
September 2011 2012
+ 36.4%- 9.5%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
193
84
187
85
New Listings Closed Sales
Year to Date 2011 2012
+ 1.2%- 3.1%
21
11
1915
New Listings Closed Sales
September 2011 2012
+ 36.4%- 9.5%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 23 23 0.0% 207 183 - 11.6%
Closed Sales 13 7 - 46.2% 95 84 - 11.6%
Median Sales Price* $114,000 $290,000 + 154.4% $132,000 $182,000 + 37.9%
Percent of Original List Price Received* 79.8% 93.0% + 16.6% 84.9% 87.8% + 3.5%
Percent of Properties Sold Over List Price* 8.3% 0.0% - 100.0% 13.0% 8.4% - 35.3%
Days on Market Until Sale 135 79 - 41.6% 123 136 + 10.1%
Inventory of Homes for Sale 129 113 - 12.4% -- -- --
Months Supply of Inventory 12.5 10.4 - 17.1% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Green Cove Springs
0.0% - 46.2% + 154.4%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 16 September Year to Date
207183
Year to Date 2011 2012
23 23
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Green Cove Springs
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
207
95
183
84
New Listings Closed Sales
Year to Date 2011 2012
- 11.6%- 11.6%
23
13
23
7
New Listings Closed Sales
September 2011 2012
- 46.2%0.0%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
207
95
183
84
New Listings Closed Sales
Year to Date 2011 2012
- 11.6%- 11.6%
23
13
23
7
New Listings Closed Sales
September 2011 2012
- 46.2%0.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 65 56 - 13.8% 621 513 - 17.4%
Closed Sales 39 42 + 7.7% 381 371 - 2.6%
Median Sales Price* $181,000 $257,500 + 42.3% $223,000 $250,000 + 12.1%
Percent of Original List Price Received* 94.4% 97.8% + 3.6% 89.8% 94.0% + 4.6%
Percent of Properties Sold Over List Price* 20.5% 22.0% + 7.0% 10.2% 14.7% + 43.3%
Days on Market Until Sale 84 62 - 26.1% 113 104 - 7.9%
Inventory of Homes for Sale 338 194 - 42.6% -- -- --
Months Supply of Inventory 8.7 4.6 - 46.5% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Jacksonville Beach- 13.8% + 7.7% + 42.3%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 21 September Year to Date
621
381
513
371
Year to Date 2011 2012
65
39
56
42
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Jacksonville Beach
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
621
381
513
371
New Listings Closed Sales
Year to Date 2011 2012
- 2.6%- 17.4%
65
39
56
42
New Listings Closed Sales
September 2011 2012
+ 7.7%- 13.8%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
621
381
513
371
New Listings Closed Sales
Year to Date 2011 2012
- 2.6%- 17.4%
65
39
56
42
New Listings Closed Sales
September 2011 2012
+ 7.7%- 13.8%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 8 7 - 12.5% 90 95 + 5.6%
Closed Sales 3 6 + 100.0% 51 63 + 23.5%
Median Sales Price* $357,500 $219,500 - 38.6% $280,000 $267,000 - 4.6%
Percent of Original List Price Received* 83.5% 82.8% - 0.8% 89.3% 91.8% + 2.8%
Percent of Properties Sold Over List Price* 0.0% 16.7% -- 15.7% 16.4% + 4.5%
Days on Market Until Sale 164 85 - 48.0% 110 119 + 8.2%
Inventory of Homes for Sale 55 34 - 38.2% -- -- --
Months Supply of Inventory 9.7 4.3 - 55.3% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Neptune Beach- 12.5% + 100.0% - 38.6%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 22 September Year to Date
90 95
63
Year to Date 2011 2012
87
6
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Neptune Beach
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
90
51
95
63
New Listings Closed Sales
Year to Date 2011 2012
+ 23.5%+ 5.6%
8
3
76
New Listings Closed Sales
September 2011 2012
+ 100.0%- 12.5%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
90
51
95
63
New Listings Closed Sales
Year to Date 2011 2012
+ 23.5%+ 5.6%
8
3
76
New Listings Closed Sales
September 2011 2012
+ 100.0%- 12.5%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 28 30 + 7.1% 265 266 + 0.4%
Closed Sales 18 15 - 16.7% 161 180 + 11.8%
Median Sales Price* $170,000 $125,000 - 26.5% $178,000 $180,000 + 1.1%
Percent of Original List Price Received* 91.8% 90.6% - 1.3% 86.0% 90.3% + 5.1%
Percent of Properties Sold Over List Price* 11.8% 26.7% + 126.7% 5.7% 13.0% + 126.7%
Days on Market Until Sale 119 131 + 10.3% 126 113 - 10.4%
Inventory of Homes for Sale 153 107 - 30.1% -- -- --
Months Supply of Inventory 8.8 5.1 - 42.0% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Atlantic Beach+ 7.1% - 16.7% - 26.5%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 23 September Year to Date
265
161
266
180
Year to Date 2011 2012
28 30
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Atlantic Beach
- 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
265
161
266
180
New Listings Closed Sales
Year to Date 2011 2012
+ 11.8%+ 0.4%
28
18
30
15
New Listings Closed Sales
September 2011 2012
- 16.7%+ 7.1%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
265
161
266
180
New Listings Closed Sales
Year to Date 2011 2012
+ 11.8%+ 0.4%
28
18
30
15
New Listings Closed Sales
September 2011 2012
- 16.7%+ 7.1%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 10 13 + 30.0% 214 216 + 0.9%
Closed Sales 15 16 + 6.7% 116 164 + 41.4%
Median Sales Price* $251,000 $687,000 + 173.7% $385,000 $418,000 + 8.6%
Percent of Original List Price Received* 92.6% 90.0% - 2.8% 85.6% 89.9% + 4.9%
Percent of Properties Sold Over List Price* 20.0% 13.3% - 33.3% 8.0% 11.8% + 48.2%
Days on Market Until Sale 98 149 + 51.4% 130 146 + 11.8%
Inventory of Homes for Sale 149 92 - 38.3% -- -- --
Months Supply of Inventory 11.3 5.2 - 54.4% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Ponte Vedra Beach North
+ 30.0% + 6.7% + 173.7%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 25 September Year to Date
214 216
164
Year to Date 2011 2012
10
1513
16
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Ponte Vedra Beach North
- 80%
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
214
116
216
164
New Listings Closed Sales
Year to Date 2011 2012
+ 41.4%+ 0.9%
10
1513
16
New Listings Closed Sales
September 2011 2012
+ 6.7%+ 30.0%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
214
116
216
164
New Listings Closed Sales
Year to Date 2011 2012
+ 41.4%+ 0.9%
10
1513
16
New Listings Closed Sales
September 2011 2012
+ 6.7%+ 30.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 83 105 + 26.5% 962 1,105 + 14.9%
Closed Sales 54 87 + 61.1% 585 706 + 20.7%
Median Sales Price* $281,046 $290,664 + 3.4% $298,643 $309,000 + 3.5%
Percent of Original List Price Received* 89.1% 94.5% + 6.1% 88.6% 92.8% + 4.7%
Percent of Properties Sold Over List Price* 14.8% 17.2% + 16.4% 9.7% 14.1% + 45.9%
Days on Market Until Sale 127 98 - 22.4% 150 114 - 24.1%
Inventory of Homes for Sale 592 448 - 24.3% -- -- --
Months Supply of Inventory 9.1 5.6 - 38.1% -- -- --
Local Market Update – September 2012
* 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
+ 26.5% + 61.1% + 3.4%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 26 September Year to Date
9621,105
706
Year to Date 2011 2012
83
10587
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Ponte Vedra Bch / S Ponte Vedra Beach / Vilano Bch / Palm Valley / Ponte Vedra / Nocatee
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
962
585
1,105
706
New Listings Closed Sales
Year to Date 2011 2012
+ 20.7%+ 14.9%
83
54
10587
New Listings Closed Sales
September 2011 2012
+ 61.1%+ 26.5%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
962
585
1,105
706
New Listings Closed Sales
Year to Date 2011 2012
+ 20.7%+ 14.9%
83
54
10587
New Listings Closed Sales
September 2011 2012
+ 61.1%+ 26.5%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 147 159 + 8.2% 1,640 1,718 + 4.8%
Closed Sales 117 94 - 19.7% 1,051 1,133 + 7.8%
Median Sales Price* $225,708 $220,685 - 2.2% $212,500 $220,000 + 3.5%
Percent of Original List Price Received* 92.5% 94.5% + 2.1% 91.1% 93.9% + 3.1%
Percent of Properties Sold Over List Price* 12.9% 16.1% + 24.7% 12.4% 15.1% + 21.3%
Days on Market Until Sale 112 116 + 4.2% 121 108 - 10.8%
Inventory of Homes for Sale 844 679 - 19.5% -- -- --
Months Supply of Inventory 7.3 5.1 - 30.1% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - NW
+ 8.2% - 19.7% - 2.2%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 30 September Year to Date
1,640 1,718
1 133
Year to Date 2011 2012
147
117
159
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
St. Johns County - NW
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,640
1,051
1,718
1,133
New Listings Closed Sales
Year to Date 2011 2012
+ 7.8%+ 4.8%
147
117
159
94
New Listings Closed Sales
September 2011 2012
- 19.7%+ 8.2%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,640
1,051
1,718
1,133
New Listings Closed Sales
Year to Date 2011 2012
+ 7.8%+ 4.8%
147
117
159
94
New Listings Closed Sales
September 2011 2012
- 19.7%+ 8.2%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 27 18 - 33.3% 187 163 - 12.8%
Closed Sales 14 9 - 35.7% 102 97 - 4.9%
Median Sales Price* $159,500 $249,550 + 56.5% $260,000 $245,000 - 5.8%
Percent of Original List Price Received* 87.9% 89.9% + 2.3% 89.1% 89.4% + 0.3%
Percent of Properties Sold Over List Price* 7.1% 0.0% - 100.0% 13.9% 6.3% - 54.4%
Days on Market Until Sale 124 86 - 30.3% 143 126 - 12.3%
Inventory of Homes for Sale 102 73 - 28.4% -- -- --
Months Supply of Inventory 8.9 6.3 - 30.0% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - NE
- 33.3% - 35.7% + 56.5%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 31 September Year to Date
187163
Year to Date 2011 2012
27
18
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
St. Johns County - NE
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
187
102
163
97
New Listings Closed Sales
Year to Date 2011 2012
- 4.9%- 12.8%
27
1418
9
New Listings Closed Sales
September 2011 2012
- 35.7%- 33.3%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
187
102
163
97
New Listings Closed Sales
Year to Date 2011 2012
- 4.9%- 12.8%
27
1418
9
New Listings Closed Sales
September 2011 2012
- 35.7%- 33.3%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 16 8 - 50.0% 111 105 - 5.4%
Closed Sales 5 4 - 20.0% 67 62 - 7.5%
Median Sales Price* $143,500 $251,500 + 75.3% $176,113 $211,875 + 20.3%
Percent of Original List Price Received* 85.9% 89.9% + 4.6% 85.0% 87.7% + 3.1%
Percent of Properties Sold Over List Price* 0.0% 0.0% -- 10.6% 8.1% - 24.0%
Days on Market Until Sale 127 111 - 12.9% 145 118 - 18.3%
Inventory of Homes for Sale 84 56 - 33.3% -- -- --
Months Supply of Inventory 10.7 7.9 - 26.3% -- -- --
Local Market Update – September 2012
* 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
- 50.0% - 20.0% + 75.3%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 32 September Year to Date
111
67
105
Year to Date 2011 2012
16
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
St. John's County - St. Augustine Area - East of US 1
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
111
67
105
62
New Listings Closed Sales
Year to Date 2011 2012
- 7.5%- 5.4%
16
5
8
4
New Listings Closed Sales
September 2011 2012
- 20.0%- 50.0%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
111
67
105
62
New Listings Closed Sales
Year to Date 2011 2012
- 7.5%- 5.4%
16
5
8
4
New Listings Closed Sales
September 2011 2012
- 20.0%- 50.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 48 66 + 37.5% 678 710 + 4.7%
Closed Sales 30 34 + 13.3% 429 409 - 4.7%
Median Sales Price* $153,000 $148,000 - 3.3% $152,500 $158,000 + 3.6%
Percent of Original List Price Received* 87.7% 91.2% + 4.1% 86.8% 89.8% + 3.4%
Percent of Properties Sold Over List Price* 3.4% 2.9% - 14.7% 8.8% 7.2% - 18.3%
Days on Market Until Sale 152 135 - 11.0% 137 131 - 4.3%
Inventory of Homes for Sale 417 356 - 14.6% -- -- --
Months Supply of Inventory 8.5 7.4 - 13.1% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - SE
+ 37.5% + 13.3% - 3.3%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 33 September Year to Date
678
429
710
Year to Date 2011 2012
48
66
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
St. Johns County - SE
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
678
429
710
409
New Listings Closed Sales
Year to Date 2011 2012
- 4.7%+ 4.7%
48
30
66
34
New Listings Closed Sales
September 2011 2012
+ 13.3%+ 37.5%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
678
429
710
409
New Listings Closed Sales
Year to Date 2011 2012
- 4.7%+ 4.7%
48
30
66
34
New Listings Closed Sales
September 2011 2012
+ 13.3%+ 37.5%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 13 13 0.0% 112 117 + 4.5%
Closed Sales 8 7 - 12.5% 60 68 + 13.3%
Median Sales Price* $51,051 $43,500 - 14.8% $67,500 $78,150 + 15.8%
Percent of Original List Price Received* 88.3% 90.1% + 2.1% 88.5% 88.7% + 0.2%
Percent of Properties Sold Over List Price* 25.0% 14.3% - 42.9% 18.2% 9.0% - 50.7%
Days on Market Until Sale 98 74 - 24.4% 102 104 + 1.5%
Inventory of Homes for Sale 82 62 - 24.4% -- -- --
Months Supply of Inventory 12.1 7.2 - 40.5% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - SW
0.0% - 12.5% - 14.8%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 34 September Year to Date
112 117
Year to Date 2011 2012
13
8
13
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
St. Johns County - SW
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
112
60
117
68
New Listings Closed Sales
Year to Date 2011 2012
+ 13.3%+ 4.5%
13
8
13
7
New Listings Closed Sales
September 2011 2012
- 12.5%0.0%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
112
60
117
68
New Listings Closed Sales
Year to Date 2011 2012
+ 13.3%+ 4.5%
13
8
13
7
New Listings Closed Sales
September 2011 2012
- 12.5%0.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 63 60 - 4.8% 587 590 + 0.5%
Closed Sales 34 22 - 35.3% 338 304 - 10.1%
Median Sales Price* $138,000 $135,000 - 2.2% $143,760 $152,000 + 5.7%
Percent of Original List Price Received* 89.7% 89.5% - 0.1% 88.1% 90.7% + 2.9%
Percent of Properties Sold Over List Price* 14.7% 19.0% + 29.5% 16.8% 15.3% - 8.9%
Days on Market Until Sale 111 115 + 3.1% 118 110 - 7.1%
Inventory of Homes for Sale 397 325 - 18.1% -- -- --
Months Supply of Inventory 10.8 8.7 - 19.6% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Nassau County- 4.8% - 35.3% - 2.2%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 40 September Year to Date
587 590
Year to Date 2011 2012
63 60
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Nassau County
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
587
338
590
304
New Listings Closed Sales
Year to Date 2011 2012
- 10.1%+ 0.5%
63
34
60
22
New Listings Closed Sales
September 2011 2012
- 35.3%- 4.8%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
587
338
590
304
New Listings Closed Sales
Year to Date 2011 2012
- 10.1%+ 0.5%
63
34
60
22
New Listings Closed Sales
September 2011 2012
- 35.3%- 4.8%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 24 29 + 20.8% 203 188 - 7.4%
Closed Sales 12 3 - 75.0% 89 75 - 15.7%
Median Sales Price* $123,453 $155,000 + 25.6% $125,000 $128,000 + 2.4%
Percent of Original List Price Received* 88.1% 89.2% + 1.2% 87.8% 88.3% + 0.6%
Percent of Properties Sold Over List Price* 8.3% 0.0% - 100.0% 9.5% 19.2% + 101.4%
Days on Market Until Sale 69 167 + 140.1% 108 114 + 5.4%
Inventory of Homes for Sale 131 97 - 26.0% -- -- --
Months Supply of Inventory 13.2 9.5 - 28.4% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Baker County+ 20.8% - 75.0% + 25.6%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 50 September Year to Date
203 188
Year to Date 2011 2012
2429
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Baker County
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
203
89
188
75
New Listings Closed Sales
Year to Date 2011 2012
- 15.7%- 7.4%
24
12
29
3
New Listings Closed Sales
September 2011 2012
- 75.0%+ 20.8%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
203
89
188
75
New Listings Closed Sales
Year to Date 2011 2012
- 15.7%- 7.4%
24
12
29
3
New Listings Closed Sales
September 2011 2012
- 75.0%+ 20.8%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 35 43 + 22.9% 337 393 + 16.6%
Closed Sales 16 15 - 6.3% 142 166 + 16.9%
Median Sales Price* $64,900 $102,500 + 57.9% $69,950 $69,950 0.0%
Percent of Original List Price Received* 79.7% 84.3% + 5.7% 78.8% 83.6% + 6.1%
Percent of Properties Sold Over List Price* 13.3% 14.3% + 7.1% 8.7% 12.5% + 43.2%
Days on Market Until Sale 225 147 - 35.0% 183 131 - 28.6%
Inventory of Homes for Sale 334 302 - 9.6% -- -- --
Months Supply of Inventory 21.3 14.9 - 30.3% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Putnam County NE+ 22.9% - 6.3% + 57.9%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 56 September Year to Date
337393
Year to Date 2011 2012
3543
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Putnam County NE
- 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
337
142
393
166
New Listings Closed Sales
Year to Date 2011 2012
+ 16.9%+ 16.6%
35
16
43
15
New Listings Closed Sales
September 2011 2012
- 6.3%+ 22.9%
share of sales during that period. | Current as of October 8, 2012. All data from 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 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
337
142
393
166
New Listings Closed Sales
Year to Date 2011 2012
+ 16.9%+ 16.6%
35
16
43
15
New Listings Closed Sales
September 2011 2012
- 6.3%+ 22.9%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 18 39 + 116.7% 243 233 - 4.1%
Closed Sales 13 3 - 76.9% 111 92 - 17.1%
Median Sales Price* $31,299 $59,000 + 88.5% $38,300 $50,000 + 30.5%
Percent of Original List Price Received* 83.1% 69.0% - 16.9% 78.3% 78.3% + 0.0%
Percent of Properties Sold Over List Price* 7.7% 0.0% - 100.0% 8.3% 10.7% + 28.6%
Days on Market Until Sale 76 193 + 155.5% 162 159 - 2.0%
Inventory of Homes for Sale 224 175 - 21.9% -- -- --
Months Supply of Inventory 19.2 16.3 - 15.2% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Putnam County - West
+ 116.7% - 76.9% + 88.5%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 57 September Year to Date
243 233
Year to Date 2011 2012
39
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Putnam County - West
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
243
111
233
92
New Listings Closed Sales
Year to Date 2011 2012
- 17.1%- 4.1%
1813
39
3
New Listings Closed Sales
September 2011 2012
- 76.9%+ 116.7%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
243
111
233
92
New Listings Closed Sales
Year to Date 2011 2012
- 17.1%- 4.1%
1813
39
3
New Listings Closed Sales
September 2011 2012
- 76.9%+ 116.7%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2011 2012 + / – 2011 2012 + / –
New Listings 26 29 + 11.5% 271 276 + 1.8%
Closed Sales 9 3 - 66.7% 85 111 + 30.6%
Median Sales Price* $85,550 $169,700 + 98.4% $40,000 $54,000 + 35.0%
Percent of Original List Price Received* 75.9% 72.0% - 5.0% 80.4% 79.4% - 1.3%
Percent of Properties Sold Over List Price* 33.3% 0.0% - 100.0% 10.8% 1.9% - 82.0%
Days on Market Until Sale 313 399 + 27.6% 172 199 + 15.9%
Inventory of Homes for Sale 268 262 - 2.2% -- -- --
Months Supply of Inventory 26.8 21.2 - 20.7% -- -- --
Local Market Update – September 2012
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Putnam County - South
+ 11.5% - 66.7% + 98.4%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 58 September Year to Date
271 276
Year to Date 2011 2012
2629
September 2011 2012
** 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 used in a dot are proportioned according to their share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
All MLS
Putnam County - South
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
271
85
276
111
New Listings Closed Sales
Year to Date 2011 2012
+ 30.6%+ 1.8%
26
9
29
3
New Listings Closed Sales
September 2011 2012
- 66.7%+ 11.5%
share of sales during that period. | Current as of October 8, 2012. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
271
85
276
111
New Listings Closed Sales
Year to Date 2011 2012
+ 30.6%+ 1.8%
26
9
29
3
New Listings Closed Sales
September 2011 2012
- 66.7%+ 11.5%