Northeast Florida Market Stats | May 2025

June 23, 2025

“What you do makes a difference, and you have to decide what kind of difference you want to make.” – Jane Goodall

Please save the date Thursday, October 16, 2025, for Jim Davidson’s10th Annual Clay Day and you can make an incredible difference in the lives of families and veterans in our local community.

The market highlights from the Northeast Florida Association of Realtors May 2025 market review for all property types in all 6 counties are:

Median Sales Price of $350,000 continues to hold steady. It is up1.4% from April and down 2.2% from last year.
Closed Sales of 2,621have barely changed from April. Closings were up 0.5% from April and down 13.1% from last year.
Pending sales of 1,951 have dropped for the last 2 months. The pending sales are down 25.2% from April and 32.6% from last year.
Active inventory of 12,476 homes is up 4.9% from April and 18.7% from last year. There is 4.8 months’ supply of homes available signaling a more balanced market.

Affordability remains a major issue. Mortgage rates are still elevated compared to pre-pandemic lows, and the combined burden of higher home prices, insurance premiums, and property taxes has slowed buyer activity.

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Hurricane Preparedness Guide

June 12, 2025

Posted by Sherry Davidson in News

Prep now to stay safe during hurricane season 2025

Hurricane season officially starts on June 1st, and runs until November 30th, and even though storms in the Atlantic don’t usually pop up until late summer, now is the time to make a plan to stay safe this season. Hurricanes, also referred to as tropical cyclones, are large, swirling storms that form when the ocean is especially warm. They produce powerful sustained winds of 74 to 157+ mph, as well as heavy rainfall, severe thunderstorms, tornadoes and potentially catastrophic storm surge. If you live in coastal or low-lying areas, or areas that frequently flood, you must be prepared for water intrusion – and if the storm is heading your way, no matter how high your elevation, high winds can be equally as damaging as rising waters. Plus, hurricanes form fast, with warnings and watches being issued only 36-48 hours before the storm hits. With climate change resulting in warmer waters every year, this year is predicted to have a 60% chance of an above-normal hurricane season, with the National Oceanic and Atmospheric Administration (NOAA) forecasting a range of 13 to 19 total named storms, of which 6-10 are forecast to become hurricanes, including 3-5 major hurricanes (category 3, 4 or 5; with winds of 111 mph or higher). To stay safe, it’s imperative to have a plan – and this guide will help you prepare.