Northeast Florida Market Stats | November 2025

There is no passion to be found playing small – in settling for a life that is less than the one you are capable of living.” Nelson Mandela

Dream big in 2026.

I’d like to share a snapshot of the Northeast Florida housing market for November 2025. The latest data from the Northeast Florida Association of Realtors® provides helpful insight when compared to this time last year.

November 2025 Market Highlights (Year-over-Year):

Median Sales Price: $295,000, down 3.3%

Closed Sales: 2,293, down 5.8%

Pending Sales: 1,950, down 19.8%

Active Inventory: 11,115, down 6.6%

Months’ Supply of Inventory: 4.8 months, down 0.9%

The median sales price has dipped slightly and continues to fluctuate month to month. Closed and pending sales remain below last year’s levels, largely because many sellers are not under pressure to sell. If they don’t receive their desired price, they often choose to withdraw their property from the market rather than reduce it.

Active inventory and months’ supply suggest we are in a more balanced market, offering opportunities on both sides of the transaction. Buyers are benefiting from increased choice, while sellers who price appropriately are still seeing solid activity.

Looking ahead, Florida’s long-term outlook remains strong. Florida Realtors® Chief Economist Dr. Brad O’Connor recently highlighted new projections showing continued population growth as a key driver of housing demand. From April 2026 through April 2030, Florida is expected to add an average of 305,953 new residents per year, about 838 people per day, supporting sustained housing demand across the state.

Jacksonville, in particular, is gaining national attention. The National Association of Realtors® has named Jacksonville one of the Top 10 Housing Hot Spots for 2026. According to NAR Chief Economist Lawrence Yun, lower mortgage rates and larger inventory are expected to bring buyers back to the market, especially in areas with homes that align well with buyer budgets.

NAR National Outlook for 2026:

Existing-home sales projected to increase 14%

Home prices expected to rise approximately 4%

Mortgage rates forecast to decline toward 6%

Job growth expected to remain steady, with about 1.3 million new jobs

Whether you’re considering buying, selling, or simply staying informed, understanding these trends can help you make confident decisions. If you’d like to discuss how the current market impacts your specific goals, I’m always happy to help.

Merry Christmas and Happy Holidays!