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Market Type Indicator
SELLER'S MARKETBALANCED MARKETBUYER'S MARKET

MAY STATS 

Number of Homes on Market
35
Average Sales Price
$511,000
Average Days on Market
65

The real estate market in Northeast Florida, particularly in the TrailMark community, is experiencing ongoing shifts. New construction continues to dominate the number of homes sold in the neighborhood, but we're seeing a slight decrease in days on market with more luxury homes hitting the market. Resale homes, however, will continue to sit if not priced aggressively to compete with new construction.

Word on the street is that the Federal Reserve might drop interest rates for the first time in a long time, which could usher in a small flood to the market and potentially allow sellers to score big time.

If you are considering selling your home in TrailMark and hope to do so within a relatively short time frame, it's crucial to have a well-planned strategy. When competing with new construction, focus on showcasing your home's upgrades and presenting it as a turn-key property. However, pricing remains the key factor in attracting potential buyers. It's essential to price your home competitively, making buyers feel like they are getting a better deal compared to purchasing a new construction home.

As the market continues to evolve, working with a knowledgeable local real estate professional can help you navigate the shifting dynamics and maximize your home's appeal to buyers in the TrailMark community.

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CDD WRAP UP

May 2024 CDD recap!
I want to thank all of those who attended the meeting Wednesday. Things went much smoother following the agenda outline and saving audience comments for the designated times. I felt like your concerns were genuinely heard with a calmer environment and while the meeting still went long it was only due to lots of info to cover. Thank you!!
Next Meeting June 12th 2024
CDD Manager
Trailmark’s Lifestyle Manager
Stephanie Douglas
Field Manager
Alex Boyer
Lifestyle Manager at Reverie
Colleen Specht
CDD BOARD INFO / meeting dates
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AMENITY INFO / RENTAL FORMS
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