August Stats Show Continued Improvement in Jacksonville Housing Numbers
NEFAR Announces August 2011 Real Estate Sales Results
Indicators point toward recovery: closed and pending sales up, inventory and new listings down, median and average sale prices increase, percentage of lender-mediated sales down.
JACKSONVILLE, Fla. - The Northeast Florida Association of Realtors (NEFAR) announces real estate market statistics for August 2011. Statistics encompass both single-family residential and condo sales.
Closed sales were up 1.5 percent year-over-year, coming in at 1,441 sales for the month. Pending sales popped in August, jumping 24.4 percent year-over-year to reach 1,744.
Inventory in August was noteworthy, dropping 32.2 percent from a year ago to arrive at