Selling a Jacksonville NC Home; Camp Lejeune Jacksonville NC Real Estate Market Report (Absorption Rates) January - March 2012
By Ken Brandon, Camp Lejeune, Jacksonville, NC
(Coldwell Banker Sea Coast Advantage (Jacksonville, NC))
Absorption rates are one of the best ways to measure the relationship between supply and demand in our area real estate market, particularly if you are Selling a Jacksonville NC Home Buyers are searching by price range and comparing ALL types of homes in that price range...whether the homes are new construction, re-sale, one story, two story, brick or vinyl, etc... Sellers need more information than simply what other 2 story brick homes in their subdivision have sold for in the past 6 months to help determine the right price to be competitive in the current local market place. In the Jacksonville area, new construction homes continue to maintain their sales numbers while re-sale home sales numbers are down 18% over the same time period (Jan - Mar) of last year. This downward trend is a ...