What's the Average Fleming Island Foreclosure and Short Sale List to Sale Price?
By Sharon Alters, Realtor - Homes for Sale Fleming Island FL
(Coldwell Banker Vanguard Realty - 904-673-2308)
Fleming Island Foreclosures and Short Sales Market Update A buyer who wants to move here asked the average % list to sales price. Here are the results, which we hope will be helpful to our readers. What we found interesting is the average list to sales price of 95% for foreclosures and 94% for short sales, is actually a tighter ratio than that for all types of sales in the Jacksonville area, which is currently at 91% (down from 94% a couple of months ago). Short Sales are selling for an average of 11% more than foreclosures in the Fleming Island market. What these numbers tell us is that foreclosures and short sales are being priced close to market value, so Buyers should take notice that as a rule, properties are priced competitively and not to waste their time making wild l...