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Carol Zingone's Blog

By Carol Zingone | Agent in Jacksonville, FL

Ponte Vedra Beach North, FL July 2011 Home Sales

 

Here are the 2011 stats and 2010 for comparison -

 2011

 8 Homes Sold  (YTD=51)

  • Lowest price: $123,900 (YTD=$119,900)
  • Highest price: $2,500,000 (YTD=$4,700,000)
  • Shortest Days on Market: 5 (YTD=1)
  • Longest Days on Market: 277 (YTD=2065)

Ponte Vedra Sunrise2010


  • 12 homes sold (YTD=56)
  • Lowest price: $160,000 (YTD=$49,000)
  • Highest price: $2,600,000 (YTD=$5,375,000)
  • Shortest Days on Market: 20 (YTD=4)
  • Longest Days on Market: 478 (YTD=744)

 
 
 

Home sales are down about 25% year over year, not as close to flat as they appeared in the January-June report.  Days on market has declined, indicating sellers are pricing correctly. The lower end does not appear that much different year to year; and the upper end is flat year over year.


Ponte Vedra Beach has a varied housing supply, including townhomes and condos that make it affordable for many, along with the St. John’s County school districts, and a lower tax base.


Properly priced and properly presented properties are STILL selling – currently, the Jacksonville area has about 8.12 months of inventory (housing supply), right now and homes can and do sell in very few days on market.  Ponte Vedra Beach has 17.38 months of inventory as I write this post, which is up significantly over the June numbers which showed 9.4 months of inventory.


If you are ready to list your home, call me for a comparable market analysis to see what price range you should list in, and to learn more about what sets myself and Prudential Network Realty apart from the competition.   Our home sales in our Atlantic Beach office are up 26% comparing 2010 to 2009, so we know how to sell homes.


If you or someone you know is considering a short sale, please have them contact me for a no-obligation confidential interview about their current situation and how best for them to move forward. I hold the Certified Distressed Property Expert, and am one of a mere 18,000 who do so – I can help salvage their credit, and their financial future.


Carol Zingone is a full service Broker Associate proudly affiliated with Prudential Network Realty in Atlantic Beach, FL.  I help buyers and sellers locally, regionally, and internationally.  With hundreds of happy buyers and sellers over the course of my career, I'm thrilled to help first time buyers, military buyers, seniors, investors, 1031 exchange properties, short sales and REO's.  I have spent hours honing my expertise, including the designations of Certified Distressed Property Expert (CDPE), Graduate Realtor Institute (GRI), Loss Mitigation Certification (LMC) , Short Sales, Foreclosures, REO's, (SFR), and Senior Real Estate Specialist (SRES).  Recently honored as the Realtor of the Year for the Northeast Florida Association of Realtors for 2009, I pride myself on providing excellent expertise to all buyers and sellers. Search the MLS via www.carolzingone.com  for Jacksonville and area listings!

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