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Archive for January 31st, 2010

Jacksonville Real Estate Weekly Market Update – Week Ending January 31, 2010

Categories: Market Update
Posted on January 31st, 2010

Sales Graph - Week Ending Jan. 31st 2010Today wraps up the first full month in 2010 — there were lots of new listings this week (15 of them). A few are really outstanding and worth “shouting out” about. I wrote a blog yesterday about 3248 Riverside Avenue. It’s beautifully done, in a fantastic part of Avondale and VERY fairly priced at $194 per square foot. The last comparable house that sold in the neighborhood was a short sale on Elizabeth Place that sold for around $180 per square foot.

At the lower end, there are a few listings worth highlighting. One is at 2804 Herschel Street (priced at $199K) which is the “quiet” part of Herschel near the Park and King Street business district. You can walk to many shops and restaurants from this house including Whiteway Deli (super sandwiches and salads) and The Cool Moose (great Sunday brunch). It’s a short sale.

The other one is a cute house at 1729 Pine Grove. There’s only one picture posted so far, but the house has some updates including new windows,  a re-configured master bedroom, nice curb appeal and an inground swimming pool. It’s within walking distance to the park. Priced at $225K, it should be attractive to the first time homebuyer market.

One house was put under contract 3029 Riverside. It’s a short sale and has been very nicely renovated. Three other houses went into pending status which means that all contingencies have been satisfied and closing will come soon.

Price reductions range from a $10K reduction 1t 1340 Challen to a $100K reduction at 1769 Glendale Avenue. That’s it for the week!

To see the all new listings for the week ending 1/31/2010 in Avondale, Ortega and Riverside, click here.

To see all the pending sales for the week ending 1/31/2010 in Avondale, Ortega and Riverside, click here.

To see all the closed sales for the week ending 1/31/2010 in Avondale, Ortega and Riverside, click here.

To see the price reductions for the week ending 1/31/2010 in Avondale, Ortega and Riverside, click here.

If you are looking for something specific, please let us know! We love to be “on the hunt” and will work like no other to find you the special place you’re looking for!

Written by Allison Steilberg // Discussion: Please leave a comment.

Allison Steilberg

Realtor®
Berkshire Hathaway HomeServices Florida Network Realty 3627 St. Johns Avenue Jacksonville, FL 32205 904-252-5181 (Allison)