N.E. Florida Real Estate Statistics
Insight to Maximize Leverage
“He had my place sold within 10 days at a price I never thought I would get.” — Isabel B., Seller ⭐🏡
Market Review Source: Northeast Florida Association of Realtors
What Do These Jacksonville Market Trends Mean for You?
Understanding these key terms will help you interpret the live market data below:
Median Sales Price: The middle price of homes sold; indicates overall market value.
Closed Sales: Total homes sold; shows market activity and buyer commitment.
Median Days on Market (DOM): How quickly homes are going under contract. Lower means faster sales.
List Price Received: Percentage of asking price homes are selling for. Higher is better for sellers.
Closed Over List Price: Percentage of homes selling above their asking price, indicating high demand.
Home Affordability Index: Indicates how easily typical families can afford a median-priced home, affecting buyer pool.
Median Price $/Sq Ft: Middle price per square foot; a quick comparison of value.
Pending Sales: Homes under contract; a forward look at future sales activity.
New Listings: Number of new homes added to the market; impacts supply.
Active Inventory: Total homes currently for sale; measures current supply.
Months Supply of Inventory: How long it would take to sell all current homes; indicates seller's (low) or buyer's (high) market.
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