It’s all good news for Jacksonville Beach, FL home sellers as the market just continues to heat up! Get the scoop on what’s happening in the local real estate market from your local Jacksonville Beach real estate experts – Killebrew & Company Realty!
Jacksonville Beach, Florida Real Estate Market Report, November 2019:
Jacksonville Beach Prices
Home sale prices in Jacksonville Beach continue to rise rapidly for the eighth year in a row and have nearly doubled since the bottom of the market in 2011! The current average home sale price in Jacksonville Beach is $559,907:
Jacksonville Beach Home Inventory
Demand continues to exceed supply as inventory averages under 5 months again in 2019. The seller’s market continues on for another year (6 months of inventory is considered a balanced market):
Jacksonville Beach single-family homes vs. Jacksonville Beach condos
Single-family homes are in high demand! The average house is currently selling for $713,403, in 84 days. Jacksonville Beach condos are moving slower at 113 days on market, and at an average sale price of $440,106.
What does it all mean for your Jacksonville Beach home sale?
Well, if you’ve been waiting for the right time to get your Jacksonville 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.
WHAT COULD YOUR HOME SELL FOR TODAY?
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