Home Prices in Fleming Island FL for April 2015

Fleming Island Home Prices

We have seen 3 straight months of listing price increases on home prices in Fleming Island and don’t expect things to slow down anytime soon.  If you are considering buying a home you can still find deals on a house in Fleming Island but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for the asking price.

If you are interested in how much current inventory is on the market on Fleming Island you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for a long. Currently, in this area of Fleming Island, homes have a median time of 82 days on the market before they sell. This would suggest that buyers are in a great position to make an aggressive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Lower inventory and more home buyers in Fleming Island is causing multiple offers coming in on homes similar to what we saw back in 2006. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.

Fleming_Island_home_prices

 

Fleming Island Real Estate Report Summary

The median list price in March for single-family homes in Fleming Island is $350,318. The list prices increased by 2.1% from the previous month.

The price per square foot for listings in this area is $128.

The median sale price in March for single-family homes is $208,000. The sale prices dropped by -7.6% from the previous year.

The price per square foot for sales in this area is $107.


Find Homes for Sale in Fleming Island FL

Visit my website to search for homes in Fleming Island or to be notified when Fleming Island homes come on the market.

To find out how much my Fleming Island house is worth in the current market email me or call 904-403-2429.

 

Real estate market data for Fleming Island, FL provided by Robert Schwabe of  Herron Real Estate

All statistics are gathered from the North East Florida MLS

 Information is deemed reliable but is not guaranteed.