October Real Estate Report: The Market Shows Incredible Strength in Uncertain Times
Posted by Gwinn Volen on
by Gwinn Volen
The US economy is slowly piecing itself back together as we forge through the COVID-19 pandemic, and the real estate market continues to be one of the strongest economic drivers, with homebuyers showing robust demand for what little home inventory there is.
Here are the October statistics for the Ponte Vedra Beach real estate market, which are representative of Jacksonville as a whole.
As you can see, the numbers show an incredibly healthy market. Prices are up and inventory is down. This is a great situation for sellers, and we are seeing homes in all price points moving, even older inventory that has been sitting, growing a beard.
This seller's market can be a little off-putting to buyers, but through the right guidance…
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