What will $200,000, $500,000 and $1,000,000
buy in Jacksonville?
Short sales and foreclosures make up more than 40% of Jacksonville’s housing inventory, and prices continue to decline. Realtors see encouraging signs that prices may stabilize this year, with coastal areas — such as Atlantic Beach — already seeing increased activity.
Click any photo to enlarge:
Orange Park Square Feet: 2,352
Age: 6 years
Selling Price: $200,500
The home is in a master-planned community with a golf course, pool, fitness facility and hiking trails. It’s 25 minutes from downtown Jacksonville.
San Marco Square Feet 3,421
Age 13 years
Selling Price $500,000
Within walking distance to
the historic shopping district
of San Marco and a five-minute drive to downtown Jacksonville.
Glen Kernan Golf & Country Club Square Feet: 5,797
Age: 10 years
Selling Price: $1,200,000
Estate home with courtyard rose garden and heated pool and spa on 1.4 acres and lake and golf views.
Some market experts are prognosticating that there’s a 66% chance the S&P 500 will be up again next year. The high probability of an encore -- albeit lesser -- performance next year is just one of the things that happens when the market books a rare 25% gain, as it has so far this year.