Amelia Island market statistics show that an increase of 11.5% YTD in the average sales price of a detached single family home
Jacksonville, FL (PRWEB) November 14, 2012
The Amelia Island real estate firm of Prudential Chaplin Williams Realty has taken advantage of their knowledge of market conditions to surpass $60 million dollars in sales. The firm credits their sales achievement to their expertise in the Fernandina Beach, Amelia Island, and Nassau County markets. Thus far in 2012 Prudential Chaplin Williams Realty has successfully brought over 260 sales transactions to a close and, with over 100 active listings in their queue, Prudential Chaplin Williams Realty is poised to cross still more milestones before the year is out.
The still sluggish housing market for single family homes, such as Fernandina Beach historic homes, was no boon to Prudential Chaplin Williams Realty as they moved past the $60 million sales milestone. Year over year, listings of single family homes decreased by 7.5% and by 14.3% YTD. New listings of townhouse-condos did not offset the decline in detached single family home listings. Recent listings for townhouse-condos, such as Amelia Island oceanfront condos, rose only 13.6% year over year and decreased by 0.4% year to date (YTD).
The real estate professionals at Prudential Chaplin Williams Realty were further hindered in achieving their sales milestone by a 17.2% year over year decrease in the number of closings on single family homes. Again, the decline in closings on single family homes was not offset by a corresponding increase in sales of townhouse-condos. Closings on townhouse-condos fell 17.5% YTD.
In more positive news, Amelia Island market statistics show that an increase of 11.5% YTD in the average sales price of a detached single family home assisted the professionals at Prudential Chaplin Williams Realty in striding past the $60 million sales mark. The exceptional sales results of Prudential Chaplin Williams Realty were further bolstered by a 25.4% YTD increase in the average sales price of townhouse-condos.
Statistics also show, however, that detached single family homes that were recently sold in 2012 had been on the market for an average of 112 days, or 19.8% longer similar homes that sold during the same time period in 2011 took to close. In more encouraging news, however, townhouse-condos that recently sold in 2012 were on the market for only 56 days, down 51.7% compared to similar townhouse-condos that were sold during the same time period in 2011.
The Amelia Island real estate market may be every-changing but the professionals of Prudential Chaplin Williams Realty continue to show through their sales achievements that they have the knowledge and expertise to successfully close transactions for both home buyers and home sellers.
About Chaplin Williams
Locally owned and operated boutique real estate firm Chaplin Williams has two offices on Amelia Island in NorthEast Florida. For more information, visit them online at ChaplinWilliams.com or call 904-261-9311.