St Augustine Real Estate Information

March 19th, 2007 7:50 PM

Jacksonville - is one of the fasting growing cities in Florida. Our housing activity has slowed some what but homes sales are picking up. It's a great time to buy with interest rates still low and home prices stabilizing. Homes are selling at approximately 5% lower than ask price. Properly preparing and pricing the home for sale continues to be important because buyers are well informed and know the market. The average price is hard to determine in Jacksonville because the area is so large and there are so many different communities. Communities are springing up all over Jacksonville. Some of our areas of town include: Mandarin, San Jose, Southside, Westside, Northside, Baymeadows, Julington Creek, Argyle, and of course the beaches, Fernandina Beach, Atlantic Beach, Neptune Beach, Jacksonville Beach, Ponte Vedra Beach and Vilano Beach.

Approximate Location Boundaries: NE Florida to the Atlantic Ocean

Location Characteristics: Jacksonville is located in Northeast Florida at the crossroads of two interstate highways, Jacksonville is the largest city in the contiguous United States in land area, a major port, the insurance and financial center of the state, site of U.S. Navy bases and the home of the National Football League's Jacksonville Jaguars. In February 2005, the city of Jacksonville hosted the Philadelphia Eagles and the New England Patriots and their fans at Super Bowl XXXIX.

The Jacksonville metropolitan area includes: three beach cities and Clay, Baker, Nassau and St. Johns counties, has a population of more than 1,000,000 residents and covers 841 square miles. There are three major Interstate Highways running through Jacksonville-I-95, I-295 and I-10. Additionally, I-75 is approximately 60 miles west of downtown Jacksonville and several U.S. Highways- U.S. 1, U.S. 17, U.S. 90 and U.S. 301.

Since the Jacksonville area is so large it is hard to determine an average sold home price, however, homes range from high $100K to several million depending on the area of town you live in.


Posted by Cindy Balla on March 19th, 2007 7:50 PMPost a Comment (0)

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