Buyers are beginning to return in force this spring. For well-priced homes in desirable locations, competition is fierce. The national unemployment rate dropped to 3.6 percent during […]
Category: Jacksonville Real Estate Market Stats
Jacksonville Real Estate Market Update – April 2019
The Federal Reserve recently announced that no further interest rate hikes are planned for 2019. Given the fact that the federal funds rate has increased nine times […]
Jacksonville Real Estate Update – February 2019
It is worthwhile to mention the weather when discussing residential real estate for large portions of the U.S. for February 2019, because this month has turned in […]
Jacksonville Real Estate Market Update – 2018 Annual Report
While the 2017 housing market was marked by renewed optimism fueled by stock market strength, higher wages and a competitive environment for home sales, 2018 delivered a […]
Jacksonville Real Estate Market Update – November 2018
The booming U.S. economy continues to prop up home sales and new listings in much of the nation, although housing affordability remains a concern. Historically, housing is […]
Jacksonville October 2018 Real Estate Market Statistics
October Market Quick Facts – Increase of 13.6% in new listings – 3.6 months of inventory on the market – far short of the 6 months considered a balanced […]
Jacksonville September 2018 Market Stats
New construction continues to pick up helping to increase inventory in this tight seller’s market. September also saw an increase in lower priced, more affordable homes on the market. […]
Jacksonville July 2018 Real Estate Market Statistics
Low inventory is the recurring problem of the current real estate market nationwide and continues to affect Jacksonville, causing bidding wars among the few affordable properties available. It continues […]
June 2018 Jacksonville’s Real Estate Market Statistics
Summer is the busy season for real estate. Families with kids usually move during this time of year, as it makes an easier transition for switching schools. Buyers continue […]
Jacksonville April 2018’s Real Estate Market Statistics
The busy summer real estate season has started in Jacksonville. April added 3,810 new listings to the market. The new listings could not boost supply though as […]
March 2018 Jacksonville Real Estate Market Statistics
March’s real estate market saw a slight increase in inventory as seller’s realize their advantage in the marketplace. Despite the increase though, there continues to be a […]
Jacksonville’s February 2018 Real Estate Market Update
February’s real estate market saw an increase in activity. Although it is still a tight market, sales and new listings saw an increase this month over January. […]
Jacksonville’s January 2018 Real Estate Market Update
The beginning of the year opened slow but saw large gains when compared to January 2017. The median sales price grew 16.6% from a year ago to $204,000. […]
Jacksonville’s December 2017 Real Estate Market Update
2017 saw the highest number of home sales ever recorded in Northeast Florida – 28,824. Average days on market declined – 71 days – while the median […]
Jacksonville’s November 2017 Market Update
Low inventory continues to be an issue. The market saw a 20% decrease in number of homes listed compared to the same time last year. Additionally, the […]
JACKSONVILLE REAL ESTATE MARKET UPDATE – OCTOBER 2017
Despite a sluggish September, thanks to Hurricane Irma, the real estate market was on the upswing again in October. There was a spike in new listings after the dip in […]
Jacksonville Real Estate Market Update – September 2017
Hurricane Irma Slows the Jacksonville Market September saw a large dip in new listings and continued low inventory. Homebuyer demand, however, continues to be strong. Check out the numbers […]
Jacksonville Real Estate Market Update – August 2017
Shortage of Inventory Creates Frustrated Buyers August continued to see limited inventory and strong buyer interest. Increasing prices and a shortage of inventory are frustrating buyers since they […]
Jacksonville Real Estate Market Update – July 2017
Inventory Woes=Opportunity Jacksonville continues to experience a shortage of inventory. With only 3.5 months of inventory available for sale, buyers are struggling to find affordable homes and […]