Despite the news you™ve been hearing about the real estate market, homes in two of Fleming Island™s largest neighborhoods are selling. Through the end of October, 95 Eagle Harbor homes have been sold, an increase of nearly 20% over 2009. In Fleming Island Plantation, 82 homes have sold, besting 2009™s numbers by more than 60%.
Prices are down in both neighborhoods, however. Eagle Harbor home prices are down 5% and, unfortunately, the last quarter shows prices trending down even further. Fleming Island Plantation homes have take a serious hit this year from a large number of short sales, bank-owned sales, and the opening of a large townhome unit. Prices are down 14% compared to 2009, but the last quarter has show the downward trend beginning to slow.
So, what does this mean?
I™ve said this before:
- If you are thinking of buying a home, now is an amazing time to do so. Prices are at levels we have not seen in years. Our agents can help you move quickly and find your perfect home.
- And, if you thinking of selling your home, you must seek the professional assistance of a real estate expert. There are buyers looking to buy homes on Fleming Island, but pricing and position are the two most important factors in selling a home.
It™s a tricky market, but because we sell more homes in Eagle Harbor than any other Realtor and we™re a top team in Fleming Island Plantation, as well, we can help you. Call or email us today!