Laura Rosener-Hidden Hills - April 2022

2490 Monument Road | Jacksonville, FL 32225

REAL ESTATE MARKET REPORT APRIL 2022

COLLEEN BORDING 904.607.4401 REALTOR® & Neighbor CBording@WatsonRealtyCorp.com www.ColleenBording.com

LAURA ROSENER 904.403.7941 REALTOR® & Neighbor LauraRosener@WatsonRealtyCorp.com www.LauraRosener.com

Get Current Listings, Market Activity, Home Assessments, and more instantly at www.HiddenHillsCCLifestyle.com​​​​​​​

IT’S A SELLER’S MARKET!

2022

1st Quarter Review HIDDEN HILLS

AVG. PRICE/SQUARE FOOT

AVG. DAYS ON MARKET

$ 174

41

2021: $150

I N CREA S E D B Y $24

2021: 114 Days

SOLD 7 3 DAYS QUICKER!

MEDIAN SOLD PRICE

AVG. SP/LP RATIO

$ 545, 000

100.9%

2021: $450,000

I N CREA S E D $95,000!

2021: 96.5%

INCREASED 4 .4 %!

AVAILABLE INVENTORY

HIDDEN HILLS

0. 3

COUNTRY CLUB ESTATES

Homes Listed In 2022: 3

www.HiddenHillsCCLifestyle.com

Months

1 A CT I V E H OM E !

HOMEOWNERS, Hidden Hills has a had a great start to the year, with increases in several key market indicators. The demand for your community remains high with current inventory pointing to a seller’s market. Now is a great time to consider listing your home and taking advantage of the upward trends. If you are thinking about selling, contact us today at 904.607.4401 or 904.403.7941.

Data based on listings from NEFMLS from January 1st to March 29th, 2021 and 2022. Does not include homes taken off the market. Information deemed accurate but not guaranteed.

PREPARED ESPECIALLY FOR

Homeowners PRESENTED BY

Colleen Bording and Laura Rosener Your Neighbors and Hidden Hills Real Estate Specialists

Dedicated to being the best for you.

COLLEEN BORDING 904.607.4401 REALTOR® & Neighbor CBording@WatsonRealtyCorp.com www.ColleenBording.com

HIDDEN HILLS C O U N T RY C L U B E S TA T E S • M A R K E T A C T I V I T Y

1

LAURA ROSENER 904.403.7941 REALTOR® & Neighbor LauraRosener@WatsonRealtyCorp.com www.LauraRosener.com

0

$469,000 HOME FOR SALE LIST PRICE

HOME FOR SALE

18

HOMES CURRENTLY UNDER CONTRACT

HOMES RECENTLY SOLD

HOMEOWNERS, Your property is in HIGH DEMAND! If you would like to know the current value of your home in today’s market, contact us at 904.607.4401 or 904.403.7941, and visit www.HiddenHillsCCLifestyle.com for a free market analysis of your home.

H O M E S R E C E N T LY S O L D

Looking to sell? Now is a

once-in-a-Lifetime opportunity!

According to the National Association of Realtors:

ADDRESS

BEDS

TOTAL BATHS EST. SQ. FT.

LIST PRICE

SOLD PRICE

SOLD DATE

SP PER SQ. FT.

12738 Shinnecock Court

4

4

2,777

$530,000

$555,000

03/02/22

$200

4046 Mission Hills Circle W

4

4

3,654

$565,000

$545,000

02/15/22

$149

12862 La Costa Court

4

3

2,838

$485,000

$485,000

01/28/22

$171

3116 Southern Hills Circle W

4

3

2,923

$520,000

$517,000

01/21/22

$177

12501 Highview Drive

6

5

4,716

$789,900

$819,900

01/12/22

$174

12617 Muirfield Boulevard S

5

4

3,384

$622,000

$622,000

12/28/21

$184

DEMAND IS VERY STRONG. 6.18 million homes were sold

12518 Mission Hills Circle S

4

4

3,344

$665,000

$657,500

12/28/21

$197

in the United States in 2021, the largest number of home

12722 Muirfield Boulevard N

5

4

4,709

$899,990

$885,000

12/21/21

$188

sales in 15 years. Demand isn’t expected to weaken this

12548 Mission Hills Circle N

4

3

2,811

$535,000

$525,000

11/24/21

$187

year, either.

12820 Muirfield Boulevard S

4

3

2,426

$469,500

$470,000

11/05/21

$194

3128 Southern Hills Circle W

5

4

3,300

$535,000

$535,000

10/29/21

$162

12859 Muirfield Boulevard N

5

4

3,719

$670,000

$726,000

10/19/21

$195

12477 Highview Drive

5

4

4,222

$725,000

$676,900

10/18/21

$160

3927 Muirfield Boulevard E

4

3

2,656

$499,000

$489,000

10/08/21

$184

12611 Mission Hills Circle N

4

4

3,467

$625,000

$635,000

09/30/21

$183

3770 Five Farms Court

5

4

2,916

$575,000

$565,000

09/20/21

$194

12556 Mission Hills Circle N

4

3

2,936

$530,000

$530,000

09/10/21

$181

12483 Masters Ridge Drive

3

3

2,588

$469,900

$496,000

09/03/21

$192

SUPPLY IS HISTORICALLY LIMITED. Months’ supply of inventory just hit the lowest number of the century.

Nationally, unsold inventory sits at a 1.8-month supply at the present sales pace.

SELLERS HAVE MAXIMUM LEVERAGE. Since demand is high and inventory is low, sellers hold all the cards. Benefits of this market include a competitive sales price, a flexible closing date, potential for a leaseback to allow you more time to find a home, and minimal offer contingencies.

Homeowners, Your next dream home is out there waiting if we act quickly! Call us at 904.607.4401 or 904.403.7941 and let’s develop a plan to help you leverage your property and take advantage of this unique opportunity.

Laura Rosener, Colleen Bording, and Watson Realty Group are not in any way affiliated with Hidden Hills Home Owners Association, nor is this in any way an official advertisement or publication of Hidden Hills. ©2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the NEFMLS from September 3rd, 2021 through March 29th, 2022. Listings and sales may not be those of Watson Realty Group. The NEFMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2022