Northeast Florida Market Stats | August 2025

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The latest numbers from the Northeast Florida Association of Realtors Market Review are:

Median Sales Price: $350,000 (stable)

Closed Sales : 2,327 (down 7.7% from July and down 9.1% from last year)

Pending Sales : 1,712 (down 29.8% from July and down 26.9% from last year)

Active inventory: 11,609 (nearly flat)

Months’ supply of inventory: 5.0 months (indicating a balanced market)

Prices and inventory have remained stable. Closings in August were down slightly. Pending sales were down more significantly for the market area. This surprised me because with slightly lower interest rates our pending sales in August in our office were better than any month in 2025.

The Florida Realtors Economists Report for August 2025 take aways:

• Buyers are older, wealthier and repeat owners. First-time buyers are largely sidelined.
• Home prices remain high and monthly payments are rising, but market balance is slowly returning, giving buyers more negotiating power.
• Fewer households have children, and single female buyers are rising, changing what buyers want in a home.
• Florida attracts wealth and jobs, keeping prices stable.
• New safety laws and rising costs are pushing more condos onto the market, but legislative updates give associations flexibility to ease assessments.

The Northeast Florida market is gradually moving toward balance. If you are thinking about buying, selling, or investing, we would be happy to walk you through what these numbers mean to you.