Buyers in Woodstock are seeing fewer options than last year, with only 44 homes on the market and inventory down about 21 percent. New listings have slowed sharply, falling nearly 38 percent year over year to 25 for the month. At the same time, contract activity has cooled, with 34 pending sales and a drop of about 29 percent from a year ago.
Homes are taking longer to move, spending a typical 94 days on the market after rising nearly 68 percent compared with last year and 16 percent just over the month. Even with that slower pace, Woodstock still leans toward sellers, with the market gauge at 13 and labeled a Seller's Market.
Prices are adjusting to these conditions, as the typical home value sits around $101,500, down about 19 percent year over year and more than 23 percent month over month, far below Jacksonville’s typical value of $300,000. Sellers are often negotiating, with homes selling for about 88.7 percent of list price and only about 5.6 percent closing above asking, even as the median list price has climbed to $160,000 and is projected around $173,750 next month. Whether you are a buyer trying to navigate shifting values or a seller aiming to price correctly in this market, Agent Pronto can connect you with an agent who understands Woodstock’s trends.
