Monday Morning Market Update – Week Ending January 24th, 2010

week ending jan 24th 2010There’s some pretty exciting news this week! 13 houses were put under contract! To see the full list (with photos, click here). If you’ve been reading my blog, you know that this is a big number – Wow! These 13 transactions are active “contingent” meaning they have to pass inspections or complete financing before the status is changed to pending.

The houses that are selling continue to be at relatively lower price points (although there was one over $500K) but, nonetheless, it shows that the activity is high – Yipee!

If you’ve got a bungalow that you’re thinking of selling in the Avondale neighborhood of Jacksonville, FL, put it on the market! It’s a great time to sell something under $300K.

1427 Pine Grove
1427 Pine Grove

My two favorite new listings are 1427 Pine Grove Avenue which needs a little updating but the location is good and it’s got good space. The other one is at 1523 Pershing Road and it’s already had some updating. Again, it’s a nice location. Take a look at a few pictures here.

1523 Pershing Road
1523 Pershing Road

To see the closed sales in the past week in Jacksonville, FL click here.
To see the new listings of the week in Avondale, Ortega and Riverside, click here.
To see the newest list of price reductions in Jacksonville, FL click here.

Thanks for reading, please join me next week to keep up with the latest real estate news in the neighborhoods of Avondale, Ortega and Riverside in Jacksonville, FL.

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