Jacksonville Florida Real Estate Market Report | s3w31

[@Marcovision]

Oakleaf plantation is still crazy prices!!! I’m just gonna sit and wait

[@904eb]

Same here, I have been shopping and can't bring myself to spend and cash these greedy sellers out. I'll wait.

[@NorthFloridaLiving]

Crazy prices are all over. Mind blowing prices are in South Florida. Everything is relative to where you are coming from. If you are coming from an area like South Florida where you sell your house and buy up here to get more house and for less money, then this area is a bargain. If you have lived here for some time it feels like science fiction when you see a house for $350,000 and the description says fixer upper.

[@frankrusso2093]

It’s Christmas ,Tom! No one but Scrooge lists their home during the holidays. Those listed are left overs and stale. Don’t you worry you will be over 10k listings 2 week in January

[@NorthFloridaLiving]

I have several buyers looking for houses. A problem is that many homes are not high quality. Many have insurace issues. I don't just need more listings, I need more quality listings.

[@BeFaithful_Endure_FinishWell]

I have at least 100 homes in my saved properties listed as “off market”. They expired this year because the sellers wanted too much. I’m certain they will return to market first quarter 2025. By second quarter 2025 it’s going to be a fire sale. Inventory is going to go well above 10k. Plus you have ALL those unlisted new homes made with paper clips and superglue that nobody wants. Gonna be a fun year.

[@frankrusso2093]

@@NorthFloridaLiving Yup the houses are a mess indeed. That nasty little abbreviation, "comps." When those wrecks do eventually sell, there's your comparable. Even a quality listing will only fetch what a comp says it's worth. Otherwise they go cash which I would never ever pay cash for real estate. This is the time when I myself look for homes to buy- humbug!

[@NorthFloridaLiving]

Another thing to consider when watching state wide numbers. I see videos of people saying how prices are drasticaly dropping in Florida.Well, in the areas hard hit by hurricanes people are taking cash out offers instead of fixing the house. Some didn't have insurance. I know personaly people who fought with their insurance for almost a year after Ian to get wind damage items fixed. These sell offs are factored into the average.