According to a report from the Jacksonville Business Journal in September, some of the top homebuilders in the Jacksonville area have seen an increase in projects in the past year. Numbers scanned developments across a host of divisions in the Jacksonville area. Some of the communities that are seeing increases in projects include Nocatee in St. Johns, Amelia Concourse, Yellow Bluff Landing and Oakleaf.
According to figures released by the business journal, the combined amount of homes built by about 300. Last year, there were about 2,340 homes built by the top developers. This year that number went up to 2,608 homes built by the top developers in the Jacksonville area. Of course, this doesn’t include all the developers outside of the top ten, which would make the number considerably higher.
These numbers could be positive for Jacksonville area developers as the top three homebuilders all constructed over 400 homes last year. Even though the average home price has gone down a little, it seems as if there are more home building projects beginning in the area. Some new areas in Jacksonville are also positive signs for future building including Worthington Park and Hunters Creek.
According to a recent article from Builders Online and a recent homebuilding publication, Jacksonville is prepared to see rejuvenation in the housing market in 2012. The publications point towards job gains, rising home prices and an overall improvement in median income in the area as key contributors.
These could be great signs for the Jacksonville area. Unemployment did drop in August throughout the area. The median home price also went up 2 percent and Jacksonville apartmentvacancy rates are also dropping. Comparing the numbers of built houses, local counties are building about 100 more houses in recent months, when compared to their 2010 counterparts.
Some of these figures could prove to be great signs for any people on the fence about buying or building a new home in the Jacksonville area. The combination of new developments and communities, along with sale prices, could be a great push for anyone who may be interested in finally getting the house of their dreams built in the North Florida area.
