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For Immediate Release                    
Dec. 8, 2008
 
Contact: Melanie Green, Communications Director
MGreen@NEFAR.org
(904) 394-9494, ext. 1204
(904) 398-8025

 
New Local Real Estate Market Information Package Now Offered By NEFAR
Reports Offer Expansive, Monthly Regional Summary Plus 28 Submarket Breakouts
 
JACKSONVILLE, FL - Beginning with October housing sales information, the Northeast Florida Association of Realtors (NEFAR) now offers FREE, expansive local real estate market information on a monthly basis. The new report package is based on monthly activity within the Northeast Florida Multiple Listing Service (NEFMLS); a wholly owned subsidiary of NEFAR. The reporting package offers both raw data and a visually pleasing interface of graphs and charts, rendering it both consumer and media friendly.
 
Included in each month's report package is a 15-page Monthly Indicator that summarizes real estate activity for NEFAR's entire service area plus *partial information for St. Johns County and Nassau County. The reports furnish figures for new listings, pending sales, closed sales, days on market until sale, median price, average price, and a housing supply outlook (by price range) and more. Some reports also offer a historical perspective. In addition to the Monthly Indicator summary, there is also detailed Local Market Updates for 28 submarkets within the region. Click here for the October housing sales package:
Oct. 2008 housing sales statistics.
 
NEFAR President Bonnie Siecker says, "Real estate is a major industry that helps drive the U.S. economy. As a result, real estate activity is closely monitored and everyone wants accurate, credible information. And with consumers, investors and the media hearing the message that all real estate is local, our new market reporting package really delivers by providing a vast amount of FREE local market information."
 
NEFAR will furnish the market information to area media monthly via e-mail. In addition, the monthly package is available on NEFAR's website,
www.NEFAR.com, under the Newsroom | Market Stats tab.
 
The Northeast Florida Association of Realtors is headquartered in Jacksonville with satellite service centers in Orange Park, Jacksonville Beach and Palatka. NEFAR is the largest professional/trade association in northeast Florida, serving more than 6,200 Realtor and affiliate/business partner members in Duval, Clay, Putnam and St. Johns counties.


* As all Nassau and St. Johns County Realtors are not participants of the NEFMLS; reports provided do not represent the full extent of Realtor sales in those counties.
 
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