Last year was very much a bumpy road as sales and prices were constantly in an up and down motion but it looks like the year is getting off to a good start, particularly when it comes to Jacksonville Florida real estate.  How did January fare with home sales?  Surprisingly well, actually.

Sales for existing single family Jacksonville homes surged by over thirty percent during the month of January which is a highly encouraging increase.  However, that number pales in comparison to Jacksonville condos which skyrocketed by more than 110 percent during the same month.  Collectively, Jacksonville Florida real estate did very well in the beginning of the year, unusual since declines tend to be common during the December to January period.

These numbers are also an improvement compared to January of 2009 as 186 more homes and 60 more condos were sold this year.  Yet again however, the median price continued to fall to a new average of $135,000 for single family homes and $87,500 for condos.  Still, the fact that the year got off to a good start does provide a small glimmer of hope that the road towards a full recovery in the northeast Florida real estate market will be a lot less bumpy.