Mar 10
17
There were 935 Realtor-brokered sales of single-family homes and condominiums in February in Clay, Duval, Putnam counties and parts of Nassau and St. Johns counties, up 7.1 percent over February 2009, the Northeast Florida Association of Realtors announced Monday.
Pending sales also were up, but more dramatically at nearly 61 percent — from 1,012 in February 2009 to 1,627 in February 2010, NEFAR noted.
Median sales prices are still depressed; the $135,000 was off by 14.6 percent from last year’s $158,000. But, NEFAR noted, the disparity likely comes from sales prices of distressed properties, which are down 14.7 percent from 2009. The decline in median price for traditional sales was 1.7 percent.
- By Kevin Turner
- Story updated at 11:28 PM on Tuesday, Mar. 16, 2010 Jacksonville.com
As a Realtor I would like to add to this story. Pending home sales are up and the mad rush is in to beat the deadline for the Tax Credits that are set to expire on April 30th. Many first time buyers are looking to take advantage of the $8,000 tax credit while existing owners looking to move up could cash in a $6,500 tax credit. With the deadline coming near home buyers are scrambling to find homes that are priced well and meet their personal and financial needs. With the pool of buyers snatching up the homes they are not lasting long. If you are in the market for a new home and you would still like to take advantage of the tax credits, I recommend that you act quickly before the good homes are gone.
If you would like to have homes automatically emailed to you as they come on the market let me know. I will set up a notifier for you that will let you know daily as new homes come on the market. Click on the link below to get started.
Mike Schwiebert, REALTOR, INI Realty Investments, INC. 904-270-9345
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