Home Selling in Jacksonville>Question Details

Tracy, Home Seller in Jacksonville, NC

When will the officers be getting their commands to move into the Jacksonville area this year?

Asked by Tracy, Jacksonville, NC Fri May 2, 2008

No one seems interested in homes in the high 200k range... what's the deal?

Help the community by answering this question:


Tracy, are asking about the anticipated move of the Navy squadrons to Jacksonville?

Cassie Norris, Broker
Prudential Network Realty
(904) 388-5005
0 votes Thank Flag Link Thu May 8, 2008
Hi Tracy

I know the market has slowed in the last couple of years and the slow down is accross the board in terms of prices of homes that are affected. Here are some market statistics to consider. In the month of April 850 properties were sold. Of those 850 sales 94 (11%) were in the $250k- $300k, 568 were below $250k and 188 were above $300k. Lets also look at those same numbers compared to the number of homes for sale. 6% of the homes for sale priced $250k - $300k sold, 7% of the homes priced below $250k sold while only 4% of the homes priced above $300k sold. These statistics show that all price ranges are experiencing similar sales actitivity except for the higher priced homes. The good news is that I have seen an increase in the level of activity in the market. The inventory of available homes has dropped for three consecutive months. If this trend continues at the current rate we should be back to a balanced market by years end. If your home is currently for sale make sure it is properly staged and made to appeal to the widest range of potential buyers. Most importantly, be sure you have set a realistic price on your home. If you like you can visit my website http://www.realinjax.com and download a free repoprt titled "44 Money Making Tips For Preparing Your Home To Sell". If I can help in any way feel free to contact me. I'll be happy to help. Best of luck to you!
Web Reference: http://www.realinjax.com
0 votes Thank Flag Link Fri May 2, 2008
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