Atlantic Beach, Florida Real Estate Report: Seller’s market rages on!

October 8, 2019

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It’s another fabulous year forĀ Atlantic Beach, FL home sellers as the market continues to skyrocket! Get the scoop on what’s happening in the local real estate market from your Atlantic Beach real estate experts – Killebrew & Company Realty!

Atlantic Beach, Florida Real Estate Market Report, October 2019:

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Atlantic Beach Prices:

Home sale prices in Atlantic Beach continue to rise and are up another 6% over the same period last year, as the upward trend continues at a rapid pace year after year. Home sale prices have tipped over the $500,000 mark several months this year and the overall average home sale price for 2019 is currently $470,386:

 

atlantic beach home sale prices

 

Atlantic Beach Days on Market:

Atlantic Beach homes are also moving faster than ever! Homes are selling 10% faster in 2019 versus 2018 and currently average just 65 days on market!

 

atlantic beach days on market

 

Atlantic Beach single family homes vs. Atlantic Beach condos:

Single family homes are in high demand! The average house is currently selling for $516,973 – 99.5% of the average listing price – so sellers are getting what they are asking for! The average house is selling in 66 days, and with inventory at just 4 months, this is most definitely a hot sellers market!

 

The limited supply of condos in Atlantic Beach is also moving quickly at just 29 days on market. Condos are selling for 96% of their listing price at an average of $188,500. The condo market is also hot, but a bit more balanced with 7 months of inventory.

What does it all mean for your Atlantic Beach home sale?

Well, if you’ve been waiting for the right time to get your Atlantic Beach home on market, this would certainly be it! Prices are sky-high, there is plenty of buyer demand, and you can expect a quick sale if you price properly! There’s no telling what prices will do next, but one thing is for sure – this level of growth is unsustainable. Cash out while you can!

FIND OUT WHAT YOUR HOME COULD SELL FOR TODAY!


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