Northeast Florida Market Stats | December 2025

“What the New Year brings to you will depend a great deal on what you bring to the New Year.” – Vern McLellan

I am excited about 2026. Each new year is a fresh start.

The Northeast Florida Association of Realtors’ December 2025 Market Review, covering all eight property types across all six counties, shows continued price stability along with fewer pending sales and lower active inventory compared to December 2024.

Key Market Metrics:

• Median Sales Price: $310,000, down 2.5%
• Closed Sales: 2,850, down 0.8%
• Pending Sales: 1,800, down 18.8%
• Active Inventory: 9,703 homes, down 11.1%
• Months’ Supply of Inventory: 3.4 months, down 10.4%

In addition, I’d like to share insights from the Florida Realtors® Economists Report for January 2026, which highlights the ongoing affordability challenge across the state:

Overall, affordability remains a concern as the median sale price in Florida is stuck at about 50% higher than we observed in 2019. While price appreciation has moderated, the level we are at still impacts buyers. When combined with the current interest rate environment, the monthly payment for a median-priced single-family home rose nearly 70% from July 2020 to July 2025, while wages did not grow at the same pace.

The report also examined population trends using driver’s license exchanges as a proxy for domestic migration. From 2016 to 2019, Florida averaged approximately 336,250 new license exchanges annually. Migration surged in 2021 and 2022, began tapering in 2023, and totaled about 367,000 in 2025. While migration has slowed from its peak, domestic in-migration remains above the pre-pandemic average.

In summary, home prices are slightly lower, and sales activity remains below previous levels. Affordability continues to be a real concern; however, the lower interest rates we are currently seeing should provide some relief. Inventory levels are considered normal, and at 3.4 months of supply, the market remains below the balanced range of five to six months. Overall, the region is experiencing improving affordability, steady pricing, and healthy inventory conditions.

If you are considering buying, selling, or renting, we would be happy to help. Buyers are finding more options and greater negotiating power. Properly priced homes are selling more quickly, while overpriced listings are often remaining on the market longer. Understanding today’s market dynamics is more important than ever, and informed pricing and strategy make all the difference.

Happy New Year!