Northeast Florida Market Stats | May 2026

June 29, 2026

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Posted by in Uncategorized

“Faith is not the belief that God will do what you want. It is the belief that God will do what is right.” — Max Lucado

 

Last month, for the first time in more than 20 years of writing about the real estate market, I used statistics from Florida Realtors rather than the Northeast Florida Association of Realtors (NEFAR) for the Jacksonville market. I would like to explain why.

 

In the NEFAR market review, “pending sales” do not include properties listed as “active under contract.” These are homes that have gone under contract but continue to be marketed until they are very near to closing. Most agents mark these sales as pending only when they are confident the transaction will close. As a result, the reported number of pending sales can fluctuate by several hundred properties.

 

For now, I will continue to use NEFAR statistics for most market discussions while relying on Florida Realtors data for pending sales activity.

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Northeast Florida Market Stats | April 2026

May 22, 2026

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Posted by in Uncategorized

“The pessimist sees difficulty in every opportunity. The optimist sees opportunity in every difficulty.” — Winston Churchill

 

As we move through the spring market, there are encouraging signs that the Jacksonville real estate market is continuing to stabilize. Below are statistics compiled by Florida Realtors for the Jacksonville Metropolitan Statistical Area (MSA), comparing April 2026 to April 2025 across all property types:

 

  • Closed Sales: 2,531 — up 1.4%
  • Median Sales Price: $369,000 — up 0.3%
  • Average Sales Price: $485,397 — down 0.5%
  • New Pending Sales: 2,945 — up 2.4%
  • Active Inventory: 8,945 — down 21.6%
  • Months Supply of Inventory: 3.9 months — down 22.0%

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Northeast Florida Market Stats | November 2025

December 29, 2025

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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%

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Northeast Florida Market Stats | October 2025

November 24, 2025

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Posted by in Uncategorized

“Be present in all things and thankful for all things.” — Maya Angelou

 

The latest market review from the Northeast Florida Association of Realtors® (NEFAR) is out, and it shows a market that continues to find its balance as we head toward the end of the year. The market highlights:

 

  • Median Sales Price: $294,900 — down 3.3% from September but still up 0.1% from last year. Overall, prices remain stable.
  • Closed Sales: 2,707 — down 4.2% from last month and up 0.7% year-over-year.
  • Pending Sales: 2,083 — down sharply, 24.7% from September and 18.5% from last year.
  • Active Inventory: 11,969 — up just 0.4% from September, down 1.1% from last year, showing steady supply.
  • Months of Supply: 4.4 months — up slightly from 4.2 months in September, signaling a market moving toward balance between buyers and sellers.

According to the National Association of Realtors® 2025 Profile of Home Buyers and Sellers, the housing landscape continues to evolve:

 

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Northeast Florida Market Stats | June 2025

July 21, 2025

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Posted by in News

‘The pessimist sees difficulty in every opportunity. The optimist sees an opportunity in every difficulty.’ – Winston Churchill

 

After three years of elevated interest rates and a cooling sales environment, the market continues to demonstrate evolving opportunities. According to the Northeast Florida Association of Realtors’ June 2025 report:

 

  • Median sales price of $350,000 is unchanged from May and down 1.4% from last year.
  • Closed sales totaled 2,597, a 3.4% dip from May and a 5.3% decrease compared to June 2024.
  • Pending sales saw a notable decline, down 32.5% from May and 31.7% year-over-year, indicating a cautious but watchful buyer pool.
  • Active inventory of 12,364 is up slightly 2.2% from May and 13.3% from last year, offering more choices to prospective buyers.
  • There is 4.8 months’ supply of homes available reflecting a more balanced market between buyers and sellers.

While higher mortgage rates and affordability challenges continue to temper demand, inventory levels remain far more stable than in past downturns, such as the Great Recession, when forced sales drove oversupply. Notably, Florida Realtors reported statewide single-family home prices in May were 2.7% lower than last year, but still an impressive 54% higher than in 2020.

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