Residential real estate had a great year in 2015. Demand was strong and inventory, although dropping, was still enough to sustain the demand. It is expected that 2016 will also be a good year. It maybe a little more favorable for sellers since the affordability index continues to drop and inventory has fallen to 3.4 months.
In Jacksonville metro area, prices continue to go up during the first month of 2016. The median sale price increased +14.6%. Inventory fell -17.7%.
In Ponte Vedra Beach (zip code 32082) there were 51 homes pending sale and 26 homes sold with prices ranging from $124,000 to $1,650,000. Average sale price was at 94% of the listing price. Average days on the market 102. To see last month’s real estate Market Statistics click here >.
Plus: If you’re curious about what your Ponte Vedra Home is worth, here’s an easy way to find out. Go to my site PVJax.com (tab ‘Sellers’ – ‘What’s my House Worth?’). After you input a few basic features about your home: property type, number of bedrooms and bathrooms and square footage, the quick estimate of your house value will show right away.
Fill out the contact form to get a more specific free report with up-to-date statistics based on all the homes for sale and sold in your desired community in Ponte Vedra, and we’ll send your report within 24 hours
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