Well the news outlets have been reporting an upswing in activity and they're not making it up.
Realtor home sales in the Jacksonville Metro Market Area were up 33% from July 2008 to July 2009 (1,226 this year vs. 925 last year). Values on the other hand are about what we expected, median sales price down 15% from July 2008 ($156,800 this year vs. $184,100 in July 2008).
Statewide, activity was up 37% and median sales prices down 24%.
This information is based on a survey of MLS sales levels from Florida’s Realtor boards/associations. MSAs are defined by the 2000 Census. Source: Florida Association of Realtors and the University of Florida Bergstrom Center for Real Estate Studies.
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