Northeast Florida housing update

Take a look at the stats below to see how prices are going up year over year in Jacksonville ans surrounding areas.

Summary Statistics
  Sep-18 Sep-17 % Chg 2018 YTD 2017 YTD % Chg
Absorption Rate 3.7 3.66 1.09 3.57 3.72 -4.03
Average List Price $394,995 $375,240 5.26 $323,753 $304,695 6.25
Median List Price $284,900 $270,900 5.17 $250,000 $235,000 6.38
Average Sale Price $263,458 $255,504 3.11 $272,248 $249,877 8.95
Median Sale Price $225,000 $215,000 4.65 $230,000 $210,000 9.52
Average CDOM 73 77 -5.19 72 N/A N/A
Median CDOM 38 0 N/A 36 43  

 

I know the numbers don't show it but it feels like the market is slowing down just a hair. Homes under $250,000 are moving fast. Over $300,000 are taking more time to sell.

 

Need more information on Jacksonville Real Estate? Just call our family real estate team at 904-260-3787