Is it a sellers market in Argyle? The short answer is yes. The current inventory is very low. The current market report cover April 1-September 30, 2018.
At this time we only have 9 active listings 2 of which are contingent taking back up offers. The median sale price is $247,500, this includes 4 new construction homes.
In the last 6 months 39 homes sold with the median sold price of $180,000, and the median days on market was 19.
The current inventory is very low we have about 3.67 months of inventory in Jacksonville but in Argyle we have only about 1.6 months of inventory. This means that if we do not put any more homes on the market all the homes will be sold within 1.6 months. Last year at this time we had about 2.45 months of inventory in Argyle therefore our inventory is down about 33% from this time last year.
PAULA WYNN – REALTOR® at EXIT Real Estate Gallery (904) 502-9432. Paula services the entire northeast Florida area which consists of Jacksonville, Orange Park, Green Cove, Middleburg, Lake Asbury, Jacksonville Beaches, and surrounding areas. With Paula Wynn, your real estate transaction is always a win!