| Real Estate Update |
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River Park Residential Real Estate stats: As of November 19, 2008, there are 85 properties for sale in River Park, ranging in price from $17,500 to $315,000. While the average home size is 2 bedroom, 1 bath, 1229 square feet, for sale at $77,700, River Park boast homes of various sizes, including up to six bedrooms and four baths. We’ve homes for sale for investors and first time home buyers. We also claim stunning properties with breath-taking views of the St. Joe River. Of the 13 homes which are currently pending sale, the list prices ranged from $14,900 to $94,900. And those which have sold in the last 30 days, prices ranged from $19,900 to $139,900. These 7 from the last 30 days average 2 bedrooms, 1 bath, 1190 square feet, listed at $70,900, and sold at $68,700, on the market for an average of 163 days. The average home sales in River Park in the last 3, 6, and 12 months are close to the same. Over a twelve month period, the average River Park home sold has had two bedrooms, one bath, 1178 square feet, and sold for around $61,000. 148 homes sold over the last year, at an average of 12.33 per month. At this rate, it would take just over seven months to sell all the homes for sale in River Park. That’s not bad! A “stable market” is considered six months worth of homes. Less than that would be a sellers’ market. Seven months makes us a buyers’ market, AND we’re NOT lopsided like some parts of the country, with an 18 – 36 month supply of homes. Come make River Park YOUR HOME today! For charm, affordability, and the small town feel not far from anything, you just can’t beat River Park! God bless, |
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