August 25, 2015

Jacksonville’s Real Estate Trends in July – Pending Sales Higher Than 2005′s Market Peak!

The only fool bigger than the person who knows it all is the person who argues with him. - Stanislaw Jerszy Lec

I don’t want to be the person who knows it all, but I would like to share with you my insights into the real estate market based on the July statistics produced by the Northeast Florida Association of Realtors.

The local real estate market is going strong. Pending sales for the last 5 months have been higher than they were during the peak market of 2005. There were 2,661 pending sales in July which is 24% higher than the previous July. Pending sales are 20% higher year to date than the previous year to date. (more…)

Florida Licensed Real Estate Broker