Jacksonville Beach, FL Real Estate Market Overview Dec 2012

Supply and demand are working their magic as the number of new listings has decreased while sales have increased. This leaves us with a low inventory and a months of supply of 3.9 which is a sign of the beginning of a seller's market. If inventory does not increase to meet the demand then the prices will continue to rise. YTD Jacksonville Beach, FL has recognized a 10.6% increase in the median sales price. If you're thinking of selling and especially moving up or down then sell now while the prices for you to purchase are still reasonable and interest rates are low. If you're in the market to buy remember that when inventory is low the well priced and conditioned properties sell quick structure your offer to reflect that and don't nickel and dime then days of the buyer's market are behind us for now.....

Rosie Hetman-Clemente, Broker-Owner of Atlantic Shores Realty of Jacksonville LLC, and resident of Jacksonville Beach, FL follow us on facebook\atlanticshoresrealtyjax 904.591.2709

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