Monday, July 18, 2011

Eagle Harbor real estate report - June 2011

Hard to believe, but it was quite a month for home sales in Eagle Harbor. A total of 18 homes sold, and even though the prices are down compared to 2010, these homes sold at an average of 5% more per square foot than those sold in May 2011.


Eagle Harbor - June 2011


Check out the chart below for a comparison of Sold Prices per Square Foot for the year. It is worth noting that early in 2011 a large number of homes sold were distressed properties; however,  the trend is definitely moving in the right direction.


Eagle Harbor real estate


With the large number of distressed properties, however, it is still a very tricky market.  Check out our tips for Selling Your Orange Park or Fleming Island home, or contact me today to learn more about the Galli Difference.


 


 


 


 


 


 

Eagle Harbor real estate - May 2011

Temperatures weren't the only thing on the rise in Eagle Harbor during the month of May. Unfortunately, distressed home sales were on their way up as well.


















































Eagle Harbor's Real Estate Market Report:   May 2011



Qty



% Change from ˜10 to ˜11



Avg List Price
Per SF


Avg Sold Price
Per SF


% Change from ˜10 to ˜11



Avg Days on the Market


Active Listings

105



 



$112.21



 



 



98


New This Month

17



↓ 47%



$108.67



 



↓ 7%



 


Sold This Month

12*



↑ 9%



$102.07



$98.49



↓ 10%



120


Sold This Year

34



0%



$100.19



$94.64



↓ 19%



116



For the year, more than 45% of the homes sold were short sale or foreclosure properties, creating a large discrepancy in the Sold per Square Foot prices. In fact, conventional homes are actually selling for 30% more and 57% faster.

Want to know what your home might sell for? Check out our Free Home Value tools at GoWithGalli.com.

Fleming Island Plantation real estate - May 2011

Temperatures  were not  the only thing on the rise in Fleming Island Plantation during May. Home sales were on their way up, up, up as well. The number of homes sold in May was 50% better than May 2010, and the Year to Date numbers are up 31% as well.    


















































Fleming Island Plantation's Real Estate Market Report:  May 2011



Qty



% Change from ˜10 to ˜11



Avg List Price
Per SF


Avg Sold Price
Per SF


% Change from ˜10 to ˜11



Avg Days on the Market


Active Listings

62



 



$88.31



 



 



117


New This Month

25



↑56%



$89.67



 



↓ 9%



 


Sold This Month

12



↑50%



$84.18



$82.61



↑11%



96


Sold This Year

46



↑31%



$83.18



$80.64



↓9%



95



It is a tricky market, however, with a large number of distressed properties and condo/townhomes that skew the Sold per Square Foot prices. If you've given any thought to selling, be sure to let your Fleming Island Experts guide you!