How much did that Foreclosure Sell For?

Buyer

In the past 6 months east of the River in Jacksonville we have seen 257 foreclosures sell (not necessarily including FHA or VA owned properties). These homes sold on average for 95% of list price and in 67 days.

While the foreclosures sold in a range of 75% - 98% with the average sales price being 95% list you can see that on average the homes are priced about where they are going to sell and sell quickly (67 days average).

Statistical Market Analysis

Status	# Listings	List Volume	Sold Volume		List Price	Sold Price	Sale/List Price	Approx. Heated SqFt	List Price Per Approx. Heated SqFt	Sold Price Per Approx. Heated SqFt	Days On Market	Cumulative Days On Market
Sold	257	44,838,202	42,468,276	Low Avg High	19,900 174,468 825,000	15,000 165,246 810,000	0.75 0.95 0.98	693 1,830 6,200	19.59 90.17 273.63	14.76 85.31 277.40	0 67 272	0 0 0
Overall	257	44,838,202	42,468,276	Low Avg High	19,900 174,468 825,000			693 1,830 6,200	19.59 90.17 273.63		0 67 272	0 0 0

Selection Criteria for Comparable Properties

Specified listings from the following search: Property type Residential; Status of ' Sold'; Region of '01-SOUTHSIDE/MANDARIN', '02-SOUTHSIDE', '04-ARLINGTON/FT CAROLINE', '21-JACKSONVILLE BEACH', '22-NEPTUNE BEACH', '23-ATLANTIC BEACH', '25-PONTE VEDRA BCH NORTH', '26-PONTE VEDRA BCH/PALM VALL/VILANO', '30-ST JOHNS COUNTY-NW', '31-ST JOHNS COUNTY-NE'; Sold Date between '6/18/2008' and '12/18/2008'; or Title Status of Title Status: Foreclosed/REO Owned.