The price is right in Jacksonville
4,285 homes were sold in the Jacksonville area, with the exception of Nassau, in the fourth quarter, amounting to a rise of 21 percent. This amount makes Jacksonville third place behind Orlando and Tampa and even though Jacksonville sales are up, sales across the state are down 7% overall.
Median prices were not affected though by the statewide slowdown in sales. That shot up 29 percent since the end of 2004. The median price even went up while sales went down, the prime example being Lakeland where sales went down 34 percent compared to a rise of 38 percent in the median price. Jacksonville’s median price meanwhile went up 19 percent.
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