Home sales in Jacksonville continue to reach new highs, a rare sweet spot for the economy as ultra-low borrowing costs and pandemic-related shifts in life- styles power the real estate market. Jacksonville reflects the national trend as robust demand is expected to continue. And just as prices have heated up, the supply of homes for sale remains limited leading to bidding wars in many sales.
“Home sales are just booming in the current environment … the market is really flying,” said Lawrence Yun, National Association of Realtor’s chief economist.
Recently, this 2,111 square foot Mandarin beauty perched on a stately half-acre lot sold for $318,000. Multiple offers were received; and it was under contract within 10 days. A rare find and a great value!
If you’re wondering if this is a good time to buy or sell, connect with me today to evaluate your options.