Jacksonville had a 3.9% loss in value when comparing the price per square footage from January 2007 to January 2008. This leaves us ranked 9th out of 25 metro markets.
Only Charlotte, N.C. at 3.9% and New York, N.Y. at 2.0% were positive.
Miami, Fl was at -14.4% and Tampa, FL -15.6%. Miami had led in price appreciation for the last 5 years.
Major drops were seen in San Diego, CA at -21.2%, Las Vegas, NV at -25.4% and Sacramento, CA -27.8%.
Related Links:
Like this article?
Click here to subscribe to the RSS feed in your Reader.
Click here to receive new articles via Email.
Be the First to Comment on this Post!.