I was exploring my blogs this morning, after an alert that I had an unusual amount of visits this week. Also hearing the media reporting a 24% climb in home values it caught my interest. I had to explore the factual stats. I get calls almost daily about how the trend in a neighborhood or our neighborhood in Del Webb Nocatee are evolving. I can pretty much pinpoint who visits my Blogs and Thursday I had 78 Realtors alone view my data. I suppose something has captured our professional’s interest.
PERHAPS ON A NATION-WIDE SURVEY 24% MAY BE THE MEDIAN HOME SALES PRICE.
Connecticut and New Jersey appear to be the ONLY two regions across the entire United States to support this Media Hype. The rest of the United States is indicating a more reasonable 11% increase. With Florida coming in at 10.8% increase for the past 4 weeks ending September 13. The Graph below is provided by the National Association of Realtors.
Now let us look at Nocatee, Ponte Vedra, Florida; I have drilled down looking at data to support these findings. We are only seeing an average 6% increase!
The data I provide is available to most all Realtors depending on what subscriptions they have or tools available to them. I worked Commercial for many years and still have many of my tools to resource! Not sure if it’s a good thing or a curse, but I am OCD about accuracy. I find it Interesting how many agents pull my data and use it for their listing presentations, or buyers’ presentations and guides.
Here is a break down with an overall average in the 32081 Zip code
This data consist of Previously owned, All Sizes, All Bedrooms. “This does NOT include new construction!”
2018 Median price $380,000
2019 Median price $396,738 Up 4.4% from 2018
2020 Median Price $410,000 Up 3.3% from 2019
SO, LETS DRILL DOWN A LITTLE BIT
A 4 bedroom or more, 2501 sq ft heated or more, previously owned, single family
2018 Median price $403
2019 Median Price $390,000 DOWN 3.3% from 2018
2020 Median Price $412,000 UP 5.8% from 2019
NORTH NOCATEE ALL PRICE RANGES
2018 Median Price $389,000
2019 Median Price $339,000
2020 Median Price $406,500 UP 19%
SOUTH NOCATEE ALL PRICE RANGES
2018 Median Price $369,000
2019 Median Price $396,500
2020 Median Price $385,000 Down 2.9%
I have been asked recently what the trends in values, specifically in Del Webb, Nocatee. What’s disheartening, is our home in this category 3 bedroom 3 bath more than 2500 Sq Ft PLUS, heated, single family at $475,000 or more in this live stream is down on average by $40,000 or more since JULY 2020! Please click on the link below to follow the trends in real time. You can come back to this chart as it changes up or down.
It has only been 60 days or less that I reviewed this data. You can come back and review it at any time, Previously Owned. I see some homes listed in this category, with better marketing programs and photos that would easily maintain their value of $570,000 or better. These numbers are collected by the North Florida Multiple Listing Service AND showingtime.com, and properties sold outside these realms may vary depending on location and/or view of each independent property.