Welcome to the Waterleaf Market Snapshot! This page is updated periodically to give you clear, local insights into our neighborhood’s real estate activity. While long-term averages help us see overall trends, it’s important to note that in the last 30 days, only one home has sold, meaning the most recent stats are based on that single sale. This is a good reminder that short-term numbers can swing quite a bit, while the bigger picture comes from looking at all sales together.
CW's Current Waterleaf Assessment:
We are currently experiencing a market slowdown, and for some, this may be a bit stressful. But I see some light at the end of the tunnel. Looking at the macro, I suspect we will see a reversal when the Fed begins to lower its rates. Inventory is still low at 4.8 months supply(per NEFAR July 25 stats), generally speaking, a seller’s market, but rates are holding the buyers back. Per Florida Realtors®, the average 30-year fixed rate was approximately 6.72% in the month of July.
. An easy estimate correlating interest rates to a buyer’s monthly payment is $64 per $100,000 financed. Waterleaf’s 12-month average sales price is $460k. If rates fall by 1%, a buyer will save an estimated. $294 on their monthly mortgage payment. Highlighting why Waterleaf’s smaller homes are selling the best.
Understanding real estate trends in our neighborhood goes beyond simply knowing what homes have recently sold for. It provides a clear picture of how our community is valued, what buyers are looking for, and how our home compares in size, features, and condition. By examining local sales each month, we can see not only which properties are selling but also how long they are taking to sell and which types of homes are attracting the most interest.
For homeowners, these updates offer a valuable snapshot of their equity. Even if you’re not planning to move right away, staying informed helps you make smarter decisions about renovations, refinancing, or long-term planning. For potential sellers, monthly statistics provide guidance on setting realistic expectations and understanding where your home fits in the current market.
Given that Waterleaf is a unique neighborhood with a variety of floor plans and home styles, Jacksonville's market headlines do not always tell the whole story. That’s why it’s essential to keep an eye on the sales happening right here in the neighborhood. Waterleaf's specific numbers offer the most accurate reflection of value in our community and help us all feel confident in the choices we make regarding our homes.
As your neighbor right here in Waterleaf, CW and the EXIT 1 Stop Team are here to help. Selling a home isn’t one-size-fits-all, especially in Waterleaf, a truly unique neighborhood where every home and every homeowner’s situation is different.
I'll work with you to create a custom marketing plan designed around your goals. Whether you’re hoping for a quick sale or you want to time your move carefully to match plans, we’re here to make sure the process supports what matters most to you.
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