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TRANSCRIPT
Monthly Indicators A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS
March 2020 Quick Facts
Market Overview 2
New Listings 3
Pending Sales 4
Closed Sales 5
Days On Market Until Sale 6
Median Sales Price 7
Average Sales Price 8
9
10
Housing Affordability Index 11
Inventory of Homes for Sale 12
Months Supply of Inventory 13
Housing Supply Overview Report 14
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 1
Required Reprint / Use and Source Credit: NEFAR is happy to share our market statistical report data; prior permission is not required. Source credit is required, however, for all uses (including use by NEFAR members) whether the use is written, digital, broadcast, spoken, social media or other. Use of NEFAR data must be accompanied by the following attribution – Source: Northeast Florida Association of Realtors .
+ 5.9%Change in
Median Sales Price
As COVID-19’s impact spread across the country in March, the stock market declines started in February accelerated downward before recovering a bit in the last week of the month. With volatility across all the financial markets, lenders began tightening underwriting standards and some buyers found they no longer were approved for a loan. Massive layoffs also shook the economy with 6.6 million initial jobless claims filed in a single week—double the number last week and ten times higher than any other week on record prior to this month.
New Listings in the Northeast Florida region increased 0.3 percent to 3,976. Pending Sales were down 5.9 percent to 2,832. Inventory levels fell 14.9 percent to 8,375 units.
Prices continued to gain traction. The Median Sales Price increased 5.9 percent to $243,635. Days on Market was down 1.4 percent to 70 days. Sellers were encouraged as Months Supply of Inventory was down 20.5 percent to 3.1 months.
While the effect of COVID-19 is varied throughout the country, we are likely to see impacts to housing activity now and into the coming months. Its continued spread is leading many companies and consumers to change their daily activities. ShowingTime is closely monitoring the situation and releasing daily updates on changes in showing activity. See national and state showing activity trends at https://www.showingtime.com/impact-of-coronavirus/.
- 14.9%Change inInventory
+ 2.1%Change in
Closed Sales
Area breakouts of 33 submarkets begin after page 21.
Percent of Original List Price Received
Percent of Properties Sold Over List Price
All data represents Realtor-brokered activity of single-family residential, condo and townhome sales combined. As all Nassau and St. Johns County Realtors are not members of the Northeast Florida Multiple Listing Service – a wholly owned subsidiary of the Northeast Florida Association of Realtors – reports do not represent the full extent of Realtor sales in those counties.
Market OverviewKey market metrics for the current month and year-to-date.
Key Metrics Historical Sparklines 3-2019 3-2020 +/- YTD 2019 YTD 2020 +/-
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 2
3.9
139 + 2.2%
- 14.9%
- 20.5%
8,375
3.1
143
--
-- --
--
--Months Supplyof Homes for Sale
Inventory of Homes for Sale
+ 0.8%
3,010 2,832 - 5.9% 7,727 8,113 + 5.0%
10,7573,963 3,976 + 0.3% 10,672
2,617 2,672 + 2.1% 6,466
New Listings
Pending Sales
Closed Sales
Housing Affordability Index
Days on Market Until Sale
Median Sales Price
Average Sales Price
Percent of OriginalList Price Received
Percent of PropertiesSold Over List Price
- 0.7%
--
$258,009 $281,989 + 9.3%
+ 0.6%95.1% 95.7%
136
9,840
71 70
142
$230,000 $243,635
$287,210 + 6.7%
95.6% 96.2%
$269,086
15.3% 14.2%
+ 5.9% $220,000
- 7.2% 13.6% 12.8% - 5.9%
6,939 + 7.3%
$237,500
- 1.4% 72 72 0.0%
+ 8.0%
+ 0.6%
3-2017 3-2018 3-2019 3-2020
3-2017 3-2018 3-2019 3-2020
3-2017 3-2018 3-2019 3-2020
3-2017 3-2018 3-2019 3-2020
3-2017 3-2018 3-2019 3-2020
3-2017 3-2018 3-2019 3-2020
3-2017 3-2018 3-2019 3-2020
3-2017 3-2018 3-2019 3-2020
3-2017 3-2018 3-2019 3-2020
3-2017 3-2018 3-2019 3-2020
3-2017 3-2018 3-2019 3-2020
New Listings A count of the properties that have been newly listed on the market in a given month.
MonthPrior Year
Current Year
+ / –
April 2019 3,815 3,999 +4.8%
May 2019 3,789 4,038 +6.6%
June 2019 3,874 3,546 -8.5%
July 2019 3,801 3,655 -3.8%
August 2019 3,749 3,576 -4.6%
September 2019 3,164 3,017 -4.6%
October 2019 3,420 3,573 +4.5%
November 2019 2,918 2,752 -5.7%
December 2019 2,063 2,162 +4.8%
January 2020 3,314 3,439 +3.8%
February 2020 3,395 3,342 -1.6%
March 2020 3,963 3,976 +0.3%
12-Month Avg 3,439 3,423 -0.5%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 3
3,858 3,963 3,976
2018 2019 2020
March
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Historical New Listing Activity
10,00510,672 10,757
2018 2019 2020
Year To Date
+0.8%+2.7% +0.3% +6.7%
Pending Sales A count of the properties on which contracts have been written in a given month.
MonthPrior Year
Current Year
+ / –
April 2019 2,992 3,200 +7.0%
May 2019 2,955 3,145 +6.4%
June 2019 2,667 2,971 +11.4%
July 2019 2,804 2,983 +6.4%
August 2019 2,673 2,847 +6.5%
September 2019 2,349 2,436 +3.7%
October 2019 2,484 2,651 +6.7%
November 2019 2,132 2,359 +10.6%
December 2019 1,869 2,120 +13.4%
January 2020 2,225 2,509 +12.8%
February 2020 2,492 2,772 +11.2%
March 2020 3,010 2,832 -5.9%
12-Month Avg 2,554 2,735 +7.1%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 4
2,914 3,0102,832
2018 2019 2020
March
750
1,000
1,250
1,500
1,750
2,000
2,250
2,500
2,750
3,000
3,250
3,500
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Historical Pending Sales Activity
7,318 7,727 8,113
2018 2019 2020
Year To Date
+5.0%+3.3% -5.9% +5.6%
Closed Sales A count of actual sales that have closed within a given month.
MonthPrior Year
Current Year
+ / –
April 2019 2,712 3,026 +11.6%
May 2019 2,958 3,340 +12.9%
June 2019 3,090 3,018 -2.3%
July 2019 2,771 3,029 +9.3%
August 2019 2,898 3,006 +3.7%
September 2019 2,334 2,654 +13.7%
October 2019 2,544 2,552 +0.3%
November 2019 2,392 2,353 -1.6%
December 2019 2,360 2,746 +16.4%
January 2020 1,726 1,932 +11.9%
February 2020 2,123 2,335 +10.0%
March 2020 2,617 2,672 +2.1%
12-Month Avg 2,544 2,722 +7.3%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 5
2,630 2,617 2,672
2018 2019 2020
March
500
1,000
1,500
2,000
2,500
3,000
3,500
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Historical Closed Sales Activity
6,197 6,4666,939
2018 2019 2020
Year To Date
+7.3%-0.5% +2.1% +4.3%
Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted in a given month.
MonthPrior Year
Current Year
+ / –
April 2019 66 67 +1.5%
May 2019 61 66 +8.2%
June 2019 58 63 +8.6%
July 2019 60 64 +6.7%
August 2019 60 62 +3.3%
September 2019 65 66 +1.5%
October 2019 59 65 +10.2%
November 2019 61 65 +6.6%
December 2019 69 71 +2.9%
January 2020 70 74 +5.7%
February 2020 76 73 -3.9%
March 2020 71 70 -1.4%
12-Month Avg 64 67 +4.4%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 6
72 71 70
2018 2019 2020
March
40
50
60
70
80
90
100
110
120
130
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Historical Days on Market Until Sale
72 72 72
2018 2019 2020
Year To Date
0.0%-1.4% -1.4% 0.0%
Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month.
MonthPrior Year
Current Year
+ / –
April 2019 $220,000 $225,000 +2.3%
May 2019 $225,000 $232,000 +3.1%
June 2019 $235,000 $242,000 +3.0%
July 2019 $230,000 $241,250 +4.9%
August 2019 $220,000 $240,000 +9.1%
September 2019 $216,945 $235,000 +8.3%
October 2019 $212,000 $235,000 +10.8%
November 2019 $220,000 $232,000 +5.5%
December 2019 $226,850 $240,000 +5.8%
January 2020 $207,000 $230,000 +11.1%
February 2020 $225,000 $237,000 +5.3%
March 2020 $230,000 $243,635 +5.9%
12-Month Med $223,000 $236,888 +6.2%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 7
$225,000 $230,000$243,635
2018 2019 2020
March
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Historical Median Sales Price
$215,000 $220,000$237,500
2018 2019 2020
Year To Date
+8.0%+2.2% +5.9% +2.3%
Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month.
MonthPrior Year
Current Year
+ / –
April 2019 $268,709 $277,185 +3.2%
May 2019 $271,979 $275,006 +1.1%
June 2019 $280,933 $297,458 +5.9%
July 2019 $274,288 $282,596 +3.0%
August 2019 $264,182 $288,750 +9.3%
September 2019 $256,622 $271,551 +5.8%
October 2019 $263,524 $272,408 +3.4%
November 2019 $261,197 $271,517 +4.0%
December 2019 $267,576 $289,907 +8.3%
January 2020 $243,161 $272,489 +12.1%
February 2020 $256,406 $283,877 +10.7%
March 2020 $269,086 $287,210 +6.7%
12-Month Avg $266,040 $281,253 +5.7%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 8
$267,195 $269,086$287,210
2018 2019 2020
March
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
$280,000
$300,000
$320,000
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Historical Average Sales Price
$257,717 $258,009$281,989
2018 2019 2020
Year To Date
+ 9.3%+ 0.7% + 6.7% + 0.1%
Percent of Original List Price Received
MonthPrior Year
Current Year
+ / –
April 2019 95.8% 95.5% -0.3%
May 2019 96.3% 96.2% -0.1%
June 2019 96.3% 96.3% 0.0%
July 2019 96.1% 95.9% -0.2%
August 2019 95.6% 96.1% +0.5%
September 2019 95.6% 95.5% -0.1%
October 2019 95.3% 95.3% 0.0%
November 2019 95.1% 95.3% +0.2%
December 2019 94.7% 95.6% +1.0%
January 2020 94.5% 95.0% +0.5%
February 2020 95.1% 95.7% +0.6%
March 2020 95.6% 96.2% +0.6%
12-Month Avg 95.6% 95.8% +0.2%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 9
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold in a given month, not accounting for seller concessions.
96.0% 95.6% 96.2%
2018 2019 2020
March
84%
86%
88%
90%
92%
94%
96%
98%
100%
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Historical Percent of Original List Price Received
95.5% 95.1% 95.7%
2018 2019 2020
Year To Date
+0.6%-0.4% +0.6% -0.4%
Percent of Properties Sold Over List Price
MonthPrior Year
Current Year
+ / –
April 2019 15.6% 14.4% -7.7%
May 2019 16.2% 15.0% -7.4%
June 2019 14.5% 14.1% -2.8%
July 2019 14.4% 13.7% -4.9%
August 2019 13.3% 14.0% +5.3%
September 2019 13.5% 12.9% -4.4%
October 2019 12.6% 11.7% -7.1%
November 2019 13.5% 11.6% -14.1%
December 2019 12.7% 12.1% -4.7%
January 2020 11.7% 11.2% -4.3%
February 2020 13.0% 12.7% -2.3%
March 2020 15.3% 14.2% -7.2%
12-Month Avg 14.0% 13.3% -5.2%
Percent of closed sales that sold for more than the most recent list price.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 10
15.4% 15.3%14.2%
2018 2019 2020
March
6%
8%
10%
12%
14%
16%
18%
20%
22%
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Historical Percent of Properties Sold Over List Price
13.4% 13.6%12.8%
2018 2019 2020
Year To Date
-5.9%-0.6% -7.2% +1.5%
Housing Affordability Index
MonthPrior Year
Current Year
+ / –
April 2019 139 140 +0.7%
May 2019 136 136 0.0%
June 2019 129 130 +0.8%
July 2019 131 134 +2.3%
August 2019 137 137 0.0%
September 2019 139 137 -1.4%
October 2019 139 137 -1.4%
November 2019 136 142 +4.4%
December 2019 136 137 +0.7%
January 2020 149 147 -1.3%
February 2020 137 143 +4.4%
March 2020 136 139 +2.2%
12-Month Avg 137 138 +0.9%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 11
This index measures housing affordability for the region. For example, an index of 120 means the median household income was 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
138 136 139
2018 2019 2020
March
100
150
200
250
300
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Historical Housing Affordability Index
145 143 142
2018 2019 2020
Year To Date
-0.7%-1.4% +2.2% -1.4%
Inventory of Homes for Sale The number of properties available for sale in active status at the end of the month.
MonthPrior Year
Current Year
+ / –
April 2019 8,948 9,954 +11.2%
May 2019 9,116 10,019 +9.9%
June 2019 9,573 9,904 +3.5%
July 2019 9,790 9,843 +0.5%
August 2019 9,984 9,786 -2.0%
September 2019 9,982 9,538 -4.4%
October 2019 10,009 9,566 -4.4%
November 2019 9,968 9,164 -8.1%
December 2019 9,190 8,241 -10.3%
January 2020 9,463 8,394 -11.3%
February 2020 9,649 8,262 -14.4%
March 2020 9,840 8,375 -14.9%
12-Month Avg 9,626 9,254 -3.7%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 12
8,7729,840
8,375
2018 2019 2020
March
5,000
7,000
9,000
11,000
13,000
15,000
17,000
19,000
21,000
1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Historical Inventory of Homes for Sale
-14.9%+12.2
Months Supply of Inventory The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.
MonthPrior Year
Current Year
+ / –
April 2019 3.6 3.9 +8.3%
May 2019 3.7 3.9 +5.4%
June 2019 3.9 3.8 -2.6%
July 2019 4.0 3.7 -7.5%
August 2019 4.0 3.7 -7.5%
September 2019 4.0 3.6 -10.0%
October 2019 4.0 3.6 -10.0%
November 2019 3.9 3.4 -12.8%
December 2019 3.6 3.0 -16.7%
January 2020 3.7 3.1 -16.2%
February 2020 3.8 3.0 -21.1%
March 2020 3.9 3.1 -20.5%
12-Month Avg 3.8 3.5 -9.4%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 13
3.63.9
3.1
2018 2019 2020
March
2
4
6
8
10
12
14
16
18
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Historical Months Supply of Inventory
-20.5%+8.3%
Housing Supply Overview A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS
March 2020 Quick Facts
$500,000 to $999,999 New Construction
Pending Sales 15
Days on Market Until Sale 16
Median Sales Price 17
Percent of Original List Price Received 18
Percent of Properties Sold Over List Price 19
Inventory of Homes for Sale 20
Months Supply of Inventory 21
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 14
Required Reprint / Use and Source Credit: NEFAR is happy to share our market statistical report data; prior permission is not required. Source credit is required, however, for all uses (including use by NEFAR members) whether the use is written, digital, broadcast, spoken, social media or other. Use of NEFAR data must be accompanied by the following attribution – Source: Northeast Florida Association of Realtors .
Single-Family
A RESEARCH TOOL PROVIDED BY THENORTHEAST FLORIDA ASSOCIATION OF REALTORS
+ 20.5% + 11.3%Price Range With Strongest Sales:
Construction Status With Strongest Sales:
Property Type With Strongest Sales:
All data represents Realtor-brokered activity of single-family residential, condo and townhome sales combined. As all Nassau and St. Johns County Realtors are not members of the Northeast Florida Multiple Listing Service – a wholly owned subsidiary of the Northeast Florida Association of Realtors – reports do not represent the full extent of Realtor sales in those counties.
+ 8.4%
Pending Sales A count of properties on which offers have been accepted. Based on a rolling 12-month total.
By Price Range 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
$149,999 and Below 7,022 6,003 - 14.5% 4,833 4,250 - 12.1% 2,189 1,753 - 19.9%
$150,000 to $199,999 5,455 5,631 + 3.2% 4,012 4,059 + 1.2% 1,443 1,572 + 8.9%
$200,000 to $299,999 9,194 10,826 + 17.8% 8,320 9,664 + 16.2% 874 1,162 + 33.0%
$300,000 to $499,999 6,523 7,414 + 13.7% 5,953 6,758 + 13.5% 570 656 + 15.1%
$500,000 to $999,999 2,066 2,490 + 20.5% 1,823 2,259 + 23.9% 243 231 - 4.9%
$1,000,000 and Above 392 461 + 17.6% 335 397 + 18.5% 57 64 + 12.3%
All Price Ranges 30,652 32,825 + 7.1% 25,276 27,387 + 8.4% 5,376 5,438 + 1.2%
By Construction Status 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
Previously Owned 25,736 27,353 + 6.3% 20,809 22,357 + 7.4% 4,927 4,996 + 1.4%
New Construction 4,916 5,472 + 11.3% 4,467 5,030 + 12.6% 449 442 - 1.6%
All Property Types 30,652 32,825 + 7.1% 25,276 27,387 + 8.4% 5,376 5,438 + 1.2%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 15
All Properties Single-Family Condo-Townhouse
7,022
5,455
9,194
6,523
2,066
392
6,003 5,631
10,826
7,414
2,490
461
$149,999 andBelow
$150,000 to$199,999
$200,000 to$299,999
$300,000 to$499,999
$500,000 to$999,999
$1,000,000 andAbove
By Price Range3-2019 3-2020
25,736
4,916
27,353
5,472
Previously Owned New Construction
By Construction Status3-2019 3-2020
- 14.5%
25,276
5,376
27,387
5,438
Single-Family Condo-Townhouse
By Property Type3-2019 3-2020
+ 3.2% + 17.8% + 13.7% + 17.6% + 8.4% + 1.2%+ 6.3% + 11.3%+ 20.5%
Days on Market Until Sale
By Price Range 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
$149,999 and Below 52 59 + 13.5% 58 62 + 6.9% 41 51 + 24.4%
$150,000 to $199,999 44 47 + 6.8% 45 46 + 2.2% 40 50 + 25.0%
$200,000 to $299,999 65 65 0.0% 65 65 0.0% 64 67 + 4.7%
$300,000 to $499,999 81 80 - 1.2% 80 79 - 1.3% 91 81 - 11.0%
$500,000 to $999,999 92 93 + 1.1% 91 92 + 1.1% 102 111 + 8.8%
$1,000,000 and Above 128 126 - 1.6% 130 128 - 1.5% 111 113 + 1.8%
All Price Ranges 64 67 + 4.7% 67 68 + 1.5% 53 61 + 15.1%
By Construction Status 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
Previously Owned 59 61 + 3.4% 60 61 + 1.7% 52 59 + 13.5%
New Construction 93 98 + 5.4% 96 100 + 4.2% 66 80 + 21.2%
All Property Types 64 67 + 4.7% 67 68 + 1.5% 53 61 + 15.1%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 16
Average number of days between when a property is listed and when an offer is accepted. Based on a rolling 12-month average.
All Properties Single-Family Condo-Townhouse
5244
65
8192
128
5947
6580
93
126
$149,999 andBelow
$150,000 to$199,999
$200,000 to$299,999
$300,000 to$499,999
$500,000 to$999,999
$1,000,000 andAbove
By Price Range3-2019 3-2020
59
93
61
98
Previously Owned New Construction
By Construction Status3-2019 3-2020
+ 13.5%
67
53
6861
Single-Family Condo-Townhouse
By Property Type3-2019 3-2020
+ 6.8% 0.0% - 1.2% - 1.6% + 1.5% + 15.1%+ 3.4% + 5.4%+ 1.1%
Median Sales Price
By Construction Status 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
Previously Owned $207,500 $220,000 + 6.0% $220,000 $235,000 + 6.8% $156,000 $165,000 + 5.8%
New Construction $297,995 $294,900 - 1.0% $303,490 $299,938 - 1.2% $197,740 $249,985 + 26.4%
All Construction Statuses $223,000 $236,888 + 6.2% $237,901 $249,270 + 4.8% $159,000 $170,000 + 6.9%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 17
Median price point for all closed sales, not accounting for seller concessions. Based on a rolling 12-month median.
All Properties Single-Family Condo-Townhouse
$207,500
$297,995
$220,000
$294,900
Previously Owned New Construction
By Construction Status3-2019 3-2020
$223,000$237,901
$159,000
$236,888 $249,270
$170,000
All Properties Single-Family Condo-Townhouse
By Property Type3-2019 3-2020
+ 4.8% + 6.9%+ 6.0% + 6.2%- 1.0%
Percent of Original List Price Received
By Price Range 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
$149,999 and Below 93.0% 92.5% - 0.5% 91.9% 91.3% - 0.7% 95.4% 95.2% - 0.2%
$150,000 to $199,999 96.9% 96.6% - 0.3% 96.7% 96.4% - 0.3% 97.4% 97.1% - 0.3%
$200,000 to $299,999 96.6% 97.0% + 0.4% 96.6% 97.1% + 0.5% 96.1% 96.3% + 0.2%
$300,000 to $499,999 96.1% 96.4% + 0.3% 96.2% 96.5% + 0.3% 95.3% 95.7% + 0.4%
$500,000 to $999,999 95.5% 95.8% + 0.3% 95.6% 95.8% + 0.2% 94.6% 95.0% + 0.4%
$1,000,000 and Above 91.2% 91.7% + 0.5% 91.1% 91.7% + 0.7% 91.9% 92.1% + 0.2%
All Price Ranges 95.6% 95.8% + 0.2% 95.5% 95.7% + 0.2% 95.9% 96.0% + 0.1%
By Construction Status 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
Previously Owned 95.0% 95.2% + 0.2% 94.8% 95.1% + 0.3% 95.7% 95.8% + 0.1%
New Construction 98.4% 98.6% + 0.2% 98.4% 98.7% + 0.3% 98.4% 98.0% - 0.4%
All Property Types 95.6% 95.8% + 0.2% 95.5% 95.7% + 0.2% 95.9% 96.0% + 0.1%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 18
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold, not accounting for seller concessions. Based on a rolling 12-month average.
All Properties Single-Family Condo-Townhouse
93.0%
96.9% 96.6%96.1%
95.5%
91.2%
92.5%
96.6%97.0%
96.4%95.8%
91.7%
$149,999 andBelow
$150,000 to$199,999
$200,000 to$299,999
$300,000 to$499,999
$500,000 to$999,999
$1,000,000 andAbove
By Price Range3-2019 3-2020
95.0%
98.4%
95.2%
98.6%
Previously Owned New Construction
By Construction Status3-2019 3-2020
- 0.5%
95.5%
95.9%
95.7%
96.0%
Single-Family Condo-Townhouse
By Property Type3-2019 3-2020
- 0.3% + 0.4% + 0.3% + 0.5% + 0.2% + 0.1%+ 0.2% + 0.2%+ 0.3%
Percent of Properties Sold Over List Price
By Price Range 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
$149,999 and Below 18.0% 16.1% - 10.6% 20.3% 18.4% - 9.6% 11.2% 9.7% - 12.9%
$150,000 to $199,999 13.6% 14.0% + 3.3% 14.4% 14.8% + 2.9% 6.4% 7.8% + 22.3%
$200,000 to $299,999 11.2% 10.9% - 3.0% 11.7% 11.4% - 2.7% 6.3% 5.9% - 5.9%
$300,000 to $499,999 10.6% 10.1% - 4.3% 11.3% 11.0% - 3.5% 4.6% 2.0% - 57.2%
$500,000 to $999,999 4.4% 6.1% + 38.6% 4.7% 6.3% + 34.7% 1.9% 4.3% + 122.9%
$1,000,000 and Above 16.6% 15.4% - 7.2% 18.9% 17.2% - 8.9% 11.7% 11.3% - 3.5%
All Price Ranges 14.0% 13.3% - 5.2% 14.9% 14.1% - 5.2% 9.6% 8.9% - 7.2%
By Construction Status 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
Previously Owned 13.4% 12.8% - 4.8% 14.3% 13.7% - 4.5% 9.5% 8.7% - 8.0%
New Construction 17.1% 15.8% - 7.3% 17.7% 16.2% - 8.5% 11.3% 11.6% + 2.8%
All Property Types 14.0% 13.3% - 5.2% 14.9% 14.1% - 5.2% 9.6% 8.9% - 7.2%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 19
Percent of closed sales that sold for more than the most recent list price. Based on a rolling 12-month average.
All Properties Single-Family Condo-Townhouse
18.0%
13.6%
11.2% 10.6%
4.4%
16.6%16.1%
14.0%
10.9%10.1%
6.1%
15.4%
$149,999 andBelow
$150,000 to$199,999
$200,000 to$299,999
$300,000 to$499,999
$500,000 to$999,999
$1,000,000 andAbove
By Price Range3-2019 3-2020
13.4%
17.1%
12.8%
15.8%
Previously Owned New Construction
By Construction Status3-2019 3-2020
- 10.6%
14.9%
9.6%
14.1%
8.9%
Single-Family Condo-Townhouse
By Property Type3-2019 3-2020
+ 3.3% - 3.0% - 4.3% - 7.2% - 5.2% - 7.2%- 4.8% - 7.3%+ 38.6%
Inventory of Homes for Sale The number of properties available for sale in active status at the end of the most recent month. Based on one month of activity.
By Price Range 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
$149,999 and Below 1,681 1,383 - 17.7% 1,315 1,059 - 19.5% 366 324 - 11.5%
$150,000 to $199,999 1,086 838 - 22.8% 758 561 - 26.0% 328 277 - 15.5%
$200,000 to $299,999 2,674 2,238 - 16.3% 2,354 1,915 - 18.6% 320 323 + 0.9%
$300,000 to $499,999 2,562 2,240 - 12.6% 2,249 1,972 - 12.3% 313 268 - 14.4%
$500,000 to $999,999 1,360 1,251 - 8.0% 1,158 1,070 - 7.6% 202 181 - 10.4%
$1,000,000 and Above 477 425 - 10.9% 414 384 - 7.2% 63 41 - 34.9%
All Price Ranges 9,840 8,375 - 14.9% 8,248 6,961 - 15.6% 1,592 1,414 - 11.2%
By Construction Status 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
Previously Owned 7,981 6,749 - 15.4% 6,573 5,549 - 15.6% 1,408 1,200 - 14.8%
New Construction 1,859 1,626 - 12.5% 1,675 1,412 - 15.7% 184 214 + 16.3%
All Property Types 9,840 8,375 - 14.9% 8,248 6,961 - 15.6% 1,592 1,414 - 11.2%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 20
All Properties Single-Family Condo-Townhouse
1,681
1,086
2,6742,562
1,360
477
1,383
838
2,238 2,240
1,251
425
$149,999 andBelow
$150,000 to$199,999
$200,000 to$299,999
$300,000 to$499,999
$500,000 to$999,999
$1,000,000 andAbove
By Price Range3-2019 3-2020
7,981
1,859
6,749
1,626
Previously Owned New Construction
By Construction Status3-2019 3-2020
- 17.7%
8,248
1,592
6,961
1,414
Single-Family Condo-Townhouse
By Property Type3-2019 3-2020
- 22.8% - 16.3% - 12.6% - 10.9% - 15.6% - 11.2%- 15.4% - 12.5%- 8.0%
Months Supply of Inventory
By Price Range 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
$149,999 and Below 2.9 2.8 - 3.4% 3.3 3.0 - 9.1% 2.0 2.2 + 10.0%
$150,000 to $199,999 2.4 1.8 - 25.0% 2.3 1.7 - 26.1% 2.7 2.1 - 22.2%
$200,000 to $299,999 3.5 2.5 - 28.6% 3.4 2.4 - 29.4% 4.4 3.3 - 25.0%
$300,000 to $499,999 4.7 3.6 - 23.4% 4.5 3.5 - 22.2% 6.6 4.9 - 25.8%
$500,000 to $999,999 7.9 6.0 - 24.1% 7.6 5.7 - 25.0% 10.0 9.4 - 6.0%
$1,000,000 and Above 14.6 11.1 - 24.0% 14.8 11.6 - 21.6% 13.3 7.7 - 42.1%
All Price Ranges 3.9 3.1 - 20.5% 3.9 3.1 - 20.5% 3.6 3.1 - 13.9%
By Construction Status 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change
Previously Owned 3.7 3.0 - 20.4% 3.8 3.0 - 21.4% 3.4 2.9 - 15.9%
New Construction 4.5 3.6 - 21.4% 4.5 3.4 - 25.1% 4.9 5.8 + 18.1%
All Property Types 3.9 3.1 - 20.5% 3.9 3.1 - 20.5% 3.6 3.1 - 13.9%
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 ShowingTime. | 21
The inventory of homes for sale at the end of the most recent month, based on one month of activity, divided by the average monthly pending sales from the last 12 months.
All Properties Single-Family Condo-Townhouse
2.9 2.43.5
4.7
7.9
14.6
2.81.8
2.53.6
6.0
11.1
$149,999 andBelow
$150,000 to$199,999
$200,000 to$299,999
$300,000 to$499,999
$500,000 to$999,999
$1,000,000 andAbove
By Price Range3-2019 3-2020
3.7
4.5
3.03.6
Previously Owned New Construction
By Construction Status3-2019 3-2020
- 3.4%
3.93.6
3.1 3.1
Single-Family Condo-Townhouse
By Property Type3-2019 3-2020
- 25.0% - 28.6% - 23.4% - 24.0% - 20.5% - 13.9%- 20.4% - 21.4%- 24.1%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 350 318 - 9.1% 896 886 - 1.1%
Closed Sales 196 215 + 9.7% 553 543 - 1.8%
Median Sales Price* $245,000 $245,000 0.0% $244,500 $246,750 + 0.9%
Percent of Original List Price Received* 95.6% 97.3% + 1.8% 95.3% 96.5% + 1.3%
Percent of Properties Sold Over List Price* 13.3% 22.3% + 67.7% 12.5% 14.4% + 15.2%
Days on Market Until Sale 65 54 - 16.9% 66 61 - 7.6%
Inventory of Homes for Sale 739 601 - 18.7% -- -- --
Months Supply of Inventory 3.1 2.7 - 12.9% -- -- --
Local Market Update – March 2020
All MLS
Southside / Mandarin / Bartram
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Southside / Mandarin / Bartram
- 9.1% + 9.7% 0.0%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 01 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
896
553
886
543
New Listings Closed Sales
Year to Date 2019 2020
- 1.8%- 1.1%
350
196
318
215
New Listings Closed Sales
March 2019 2020
+ 9.7%- 9.1%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 446 530 + 18.8% 1,199 1,255 + 4.7%
Closed Sales 327 312 - 4.6% 779 842 + 8.1%
Median Sales Price* $211,500 $233,995 + 10.6% $187,000 $234,995 + 25.7%
Percent of Original List Price Received* 95.7% 97.1% + 1.5% 95.5% 96.6% + 1.2%
Percent of Properties Sold Over List Price* 14.1% 15.1% + 7.1% 12.6% 12.7% + 0.8%
Days on Market Until Sale 61 52 - 14.8% 58 64 + 10.3%
Inventory of Homes for Sale 872 872 0.0% -- -- --
Months Supply of Inventory 2.8 2.6 - 7.1% -- -- --
Local Market Update – March 2020
All MLS
Southside
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Southside+ 18.8% - 4.6% + 10.6%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 02 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,199
779
1,255
842
New Listings Closed Sales
Year to Date 2019 2020
+ 8.1%+ 4.7%
446
327
530
312
New Listings Closed Sales
March 2019 2020
- 4.6%+ 18.8%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 93 80 - 14.0% 244 230 - 5.7%
Closed Sales 45 57 + 26.7% 102 133 + 30.4%
Median Sales Price* $265,000 $347,500 + 31.1% $264,200 $300,000 + 13.6%
Percent of Original List Price Received* 92.5% 95.0% + 2.7% 93.0% 94.5% + 1.6%
Percent of Properties Sold Over List Price* 8.9% 10.5% + 18.0% 6.9% 12.0% + 73.9%
Days on Market Until Sale 79 83 + 5.1% 84 82 - 2.4%
Inventory of Homes for Sale 245 208 - 15.1% -- -- --
Months Supply of Inventory 5.5 4.1 - 25.5% -- -- --
Local Market Update – March 2020
All MLS
Riverside / Avondale / Ortega
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Riverside / Avondale / Ortega
- 14.0% + 26.7% + 31.1%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 03 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
244
102
230
133
New Listings Closed Sales
Year to Date 2019 2020
+ 30.4%- 5.7%
93
45
80
57
New Listings Closed Sales
March 2019 2020
+ 26.7%- 14.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 243 225 - 7.4% 651 632 - 2.9%
Closed Sales 183 153 - 16.4% 445 415 - 6.7%
Median Sales Price* $204,010 $205,000 + 0.5% $199,000 $213,900 + 7.5%
Percent of Original List Price Received* 96.4% 96.7% + 0.3% 95.5% 96.9% + 1.5%
Percent of Properties Sold Over List Price* 19.1% 11.8% - 38.2% 17.1% 14.0% - 18.1%
Days on Market Until Sale 66 41 - 37.9% 62 48 - 22.6%
Inventory of Homes for Sale 452 338 - 25.2% -- -- --
Months Supply of Inventory 2.7 2.0 - 25.9% -- -- --
Local Market Update – March 2020
All MLS
Arlington / Fort Caroline
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Arlington / Fort Caroline
- 7.4% - 16.4% + 0.5%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 04 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
651
445
632
415
New Listings Closed Sales
Year to Date 2019 2020
- 6.7%- 2.9%
243
183225
153
New Listings Closed Sales
March 2019 2020
- 16.4%- 7.4%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 140 164 + 17.1% 442 442 0.0%
Closed Sales 114 123 + 7.9% 291 321 + 10.3%
Median Sales Price* $132,999 $148,000 + 11.3% $135,000 $151,000 + 11.9%
Percent of Original List Price Received* 95.9% 95.2% - 0.7% 94.9% 94.9% 0.0%
Percent of Properties Sold Over List Price* 22.8% 18.7% - 18.0% 17.9% 16.8% - 6.1%
Days on Market Until Sale 51 61 + 19.6% 52 56 + 7.7%
Inventory of Homes for Sale 299 265 - 11.4% -- -- --
Months Supply of Inventory 2.8 2.3 - 17.9% -- -- --
Local Market Update – March 2020
All MLS
Hyde Grove / Murray Hill / Lakeshore / Wesconnett
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Hyde Grove / Murray Hill / Lakeshore / Wesconnett
+ 17.1% + 7.9% + 11.3%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 05 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
442
291
442
321
New Listings Closed Sales
Year to Date 2019 2020
+ 10.3%0.0%
140114
164
123
New Listings Closed Sales
March 2019 2020
+ 7.9%+ 17.1%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 213 228 + 7.0% 540 623 + 15.4%
Closed Sales 135 176 + 30.4% 384 447 + 16.4%
Median Sales Price* $190,000 $196,000 + 3.2% $181,000 $189,995 + 5.0%
Percent of Original List Price Received* 96.1% 97.6% + 1.6% 96.1% 96.5% + 0.4%
Percent of Properties Sold Over List Price* 17.0% 18.9% + 11.2% 15.7% 16.8% + 7.0%
Days on Market Until Sale 64 53 - 17.2% 68 61 - 10.3%
Inventory of Homes for Sale 425 378 - 11.1% -- -- --
Months Supply of Inventory 2.9 2.2 - 24.1% -- -- --
Local Market Update – March 2020
All MLS
West Jacksonville
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
West Jacksonville+ 7.0% + 30.4% + 3.2%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 06 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
540
384
623
447
New Listings Closed Sales
Year to Date 2019 2020
+ 16.4%+ 15.4%
213
135
228
176
New Listings Closed Sales
March 2019 2020
+ 30.4%+ 7.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 164 212 + 29.3% 565 577 + 2.1%
Closed Sales 109 83 - 23.9% 323 313 - 3.1%
Median Sales Price* $60,000 $64,000 + 6.7% $60,000 $65,000 + 8.3%
Percent of Original List Price Received* 87.6% 89.7% + 2.4% 89.3% 89.0% - 0.3%
Percent of Properties Sold Over List Price* 13.2% 13.6% + 3.0% 10.1% 11.7% + 15.8%
Days on Market Until Sale 67 70 + 4.5% 52 75 + 44.2%
Inventory of Homes for Sale 562 474 - 15.7% -- -- --
Months Supply of Inventory 4.7 3.8 - 19.1% -- -- --
Local Market Update – March 2020
All MLS
Springfield / Downtown / Paxon / Trout River South / Downtown Jacksonville - E
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Springfield / Downtown / Paxon / Trout River South / Downtown Jacksonville - E
+ 29.3% - 23.9% + 6.7%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 07 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 80%
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
565
323
577
313
New Listings Closed Sales
Year to Date 2019 2020
- 3.1%+ 2.1%
164
109
212
83
New Listings Closed Sales
March 2019 2020
- 23.9%+ 29.3%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 30 49 + 63.3% 91 123 + 35.2%
Closed Sales 29 27 - 6.9% 72 60 - 16.7%
Median Sales Price* $206,990 $177,500 - 14.2% $195,000 $184,500 - 5.4%
Percent of Original List Price Received* 94.9% 95.5% + 0.6% 95.5% 96.9% + 1.5%
Percent of Properties Sold Over List Price* 6.9% 19.2% + 178.3% 6.9% 24.1% + 249.3%
Days on Market Until Sale 94 67 - 28.7% 94 59 - 37.2%
Inventory of Homes for Sale 98 71 - 27.6% -- -- --
Months Supply of Inventory 4.2 2.8 - 33.3% -- -- --
Local Market Update – March 2020
All MLS
Marietta / Whitehouse / Baldwin / Garden St / Dinsmore
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Marietta / Whitehouse / Baldwin / Garden St / Dinsmore
+ 63.3% - 6.9% - 14.2%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 08 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
+ 140%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
9172
123
60
New Listings Closed Sales
Year to Date 2019 2020
- 16.7%+ 35.2%
30 29
49
27
New Listings Closed Sales
March 2019 2020
- 6.9%+ 63.3%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 242 229 - 5.4% 595 551 - 7.4%
Closed Sales 161 158 - 1.9% 377 419 + 11.1%
Median Sales Price* $218,868 $231,500 + 5.8% $217,945 $228,635 + 4.9%
Percent of Original List Price Received* 98.1% 97.8% - 0.3% 96.9% 97.1% + 0.2%
Percent of Properties Sold Over List Price* 28.6% 13.9% - 51.4% 19.9% 13.6% - 31.7%
Days on Market Until Sale 58 75 + 29.3% 69 71 + 2.9%
Inventory of Homes for Sale 530 352 - 33.6% -- -- --
Months Supply of Inventory 3.8 2.2 - 42.1% -- -- --
Local Market Update – March 2020
All MLS
Jacksonville - North
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Jacksonville - North- 5.4% - 1.9% + 5.8%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 09 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
+ 30%
+ 35%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
595
377
551
419
New Listings Closed Sales
Year to Date 2019 2020
+ 11.1%- 7.4%
242
161
229
158
New Listings Closed Sales
March 2019 2020
- 1.9%- 5.4%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 78 74 - 5.1% 191 188 - 1.6%
Closed Sales 44 52 + 18.2% 113 125 + 10.6%
Median Sales Price* $272,500 $299,500 + 9.9% $265,000 $285,000 + 7.5%
Percent of Original List Price Received* 95.7% 96.0% + 0.3% 96.1% 96.8% + 0.7%
Percent of Properties Sold Over List Price* 11.4% 15.4% + 35.1% 13.3% 16.0% + 20.3%
Days on Market Until Sale 63 77 + 22.2% 62 58 - 6.5%
Inventory of Homes for Sale 147 115 - 21.8% -- -- --
Months Supply of Inventory 2.8 2.2 - 21.4% -- -- --
Local Market Update – March 2020
All MLS
Fleming Island Area
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Fleming Island Area- 5.1% + 18.2% + 9.9%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 12 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
191
113
188
125
New Listings Closed Sales
Year to Date 2019 2020
+ 10.6%- 1.6%
78
44
74
52
New Listings Closed Sales
March 2019 2020
+ 18.2%- 5.1%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 173 159 - 8.1% 479 455 - 5.0%
Closed Sales 140 121 - 13.6% 322 320 - 0.6%
Median Sales Price* $217,750 $225,000 + 3.3% $212,000 $214,950 + 1.4%
Percent of Original List Price Received* 96.7% 96.4% - 0.3% 96.2% 96.8% + 0.6%
Percent of Properties Sold Over List Price* 16.4% 20.7% + 26.2% 20.2% 19.1% - 5.4%
Days on Market Until Sale 63 72 + 14.3% 63 66 + 4.8%
Inventory of Homes for Sale 351 275 - 21.7% -- -- --
Months Supply of Inventory 2.6 2.1 - 19.2% -- -- --
Local Market Update – March 2020
All MLS
Orange Park
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Orange Park- 8.1% - 13.6% + 3.3%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 13 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
479
322
455
320
New Listings Closed Sales
Year to Date 2019 2020
- 0.6%- 5.0%
173
140159
121
New Listings Closed Sales
March 2019 2020
- 13.6%- 8.1%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 150 129 - 14.0% 336 327 - 2.7%
Closed Sales 92 95 + 3.3% 235 204 - 13.2%
Median Sales Price* $200,495 $228,000 + 13.7% $199,000 $220,000 + 10.6%
Percent of Original List Price Received* 96.6% 96.8% + 0.2% 94.9% 96.4% + 1.6%
Percent of Properties Sold Over List Price* 20.7% 21.1% + 1.9% 16.6% 19.1% + 15.1%
Days on Market Until Sale 68 69 + 1.5% 82 68 - 17.1%
Inventory of Homes for Sale 286 251 - 12.2% -- -- --
Months Supply of Inventory 3.2 2.9 - 9.4% -- -- --
Local Market Update – March 2020
All MLS
Middleburg Vicinity
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Middleburg Vicinity- 14.0% + 3.3% + 13.7%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 14 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
336
235
327
204
New Listings Closed Sales
Year to Date 2019 2020
- 13.2%- 2.7%
150
92
129
95
New Listings Closed Sales
March 2019 2020
+ 3.3%- 14.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 13 25 + 92.3% 55 65 + 18.2%
Closed Sales 20 18 - 10.0% 42 46 + 9.5%
Median Sales Price* $149,450 $135,000 - 9.7% $149,450 $146,500 - 2.0%
Percent of Original List Price Received* 98.1% 88.8% - 9.5% 95.5% 90.8% - 4.9%
Percent of Properties Sold Over List Price* 15.0% 16.7% + 11.3% 19.0% 13.0% - 31.6%
Days on Market Until Sale 79 88 + 11.4% 86 100 + 16.3%
Inventory of Homes for Sale 77 75 - 2.6% -- -- --
Months Supply of Inventory 4.8 4.4 - 8.3% -- -- --
Local Market Update – March 2020
All MLS
Keystone Heights Vicinity
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Keystone Heights Vicinity
+ 92.3% - 10.0% - 9.7%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 15 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
55
42
65
46
New Listings Closed Sales
Year to Date 2019 2020
+ 9.5%+ 18.2%
13
20
25
18
New Listings Closed Sales
March 2019 2020
- 10.0%+ 92.3%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 71 156 + 119.7% 189 302 + 59.8%
Closed Sales 48 58 + 20.8% 110 161 + 46.4%
Median Sales Price* $236,490 $210,000 - 11.2% $227,000 $216,953 - 4.4%
Percent of Original List Price Received* 96.1% 97.7% + 1.7% 96.4% 97.6% + 1.2%
Percent of Properties Sold Over List Price* 6.3% 13.8% + 119.0% 12.7% 16.3% + 28.3%
Days on Market Until Sale 108 62 - 42.6% 91 73 - 19.8%
Inventory of Homes for Sale 157 234 + 49.0% -- -- --
Months Supply of Inventory 3.8 3.9 + 2.6% -- -- --
Local Market Update – March 2020
All MLS
Green Cove Springs
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Green Cove Springs+ 119.7% + 20.8% - 11.2%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 16 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
189
110
302
161
New Listings Closed Sales
Year to Date 2019 2020
+ 46.4%+ 59.8%
7148
156
58
New Listings Closed Sales
March 2019 2020
+ 20.8%+ 119.7%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 78 92 + 17.9% 227 242 + 6.6%
Closed Sales 56 46 - 17.9% 112 132 + 17.9%
Median Sales Price* $408,500 $416,250 + 1.9% $395,000 $421,250 + 6.6%
Percent of Original List Price Received* 93.7% 95.9% + 2.3% 93.7% 95.6% + 2.0%
Percent of Properties Sold Over List Price* 5.4% 15.2% + 181.5% 4.5% 7.6% + 68.9%
Days on Market Until Sale 74 61 - 17.6% 79 67 - 15.2%
Inventory of Homes for Sale 229 204 - 10.9% -- -- --
Months Supply of Inventory 4.3 3.9 - 9.3% -- -- --
Local Market Update – March 2020
All MLS
Jacksonville Beach
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Jacksonville Beach+ 17.9% - 17.9% + 1.9%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 21 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 30%
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
227
112
242
132
New Listings Closed Sales
Year to Date 2019 2020
+ 17.9%+ 6.6%
78
56
92
46
New Listings Closed Sales
March 2019 2020
- 17.9%+ 17.9%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 9 14 + 55.6% 34 50 + 47.1%
Closed Sales 6 18 + 200.0% 15 35 + 133.3%
Median Sales Price* $632,500 $415,000 - 34.4% $410,000 $440,000 + 7.3%
Percent of Original List Price Received* 96.6% 93.6% - 3.1% 95.7% 94.0% - 1.8%
Percent of Properties Sold Over List Price* 0.0% 0.0% -- 0.0% 5.7% --
Days on Market Until Sale 84 77 - 8.3% 59 74 + 25.4%
Inventory of Homes for Sale 37 35 - 5.4% -- -- --
Months Supply of Inventory 4.1 3.2 - 22.0% -- -- --
Local Market Update – March 2020
All MLS
Neptune Beach
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Neptune Beach+ 55.6% + 200.0% - 34.4%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 22 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
34
15
50
35
New Listings Closed Sales
Year to Date 2019 2020
+ 133.3%+ 47.1%
96
14
18
New Listings Closed Sales
March 2019 2020
+ 200.0%+ 55.6%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 42 29 - 31.0% 107 79 - 26.2%
Closed Sales 27 22 - 18.5% 58 54 - 6.9%
Median Sales Price* $390,000 $345,500 - 11.4% $391,000 $362,000 - 7.4%
Percent of Original List Price Received* 97.4% 97.4% 0.0% 97.7% 95.4% - 2.4%
Percent of Properties Sold Over List Price* 7.4% 22.7% + 206.8% 10.3% 18.5% + 79.6%
Days on Market Until Sale 78 69 - 11.5% 82 84 + 2.4%
Inventory of Homes for Sale 108 77 - 28.7% -- -- --
Months Supply of Inventory 4.8 3.4 - 29.2% -- -- --
Local Market Update – March 2020
All MLS
Atlantic Beach
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Atlantic Beach- 31.0% - 18.5% - 11.4%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 23 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
+ 60%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
107
58
79
54
New Listings Closed Sales
Year to Date 2019 2020
- 6.9%- 26.2%
42
272922
New Listings Closed Sales
March 2019 2020
- 18.5%- 31.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 11 13 + 18.2% 34 44 + 29.4%
Closed Sales 10 11 + 10.0% 26 37 + 42.3%
Median Sales Price* $223,800 $215,000 - 3.9% $202,500 $230,885 + 14.0%
Percent of Original List Price Received* 95.3% 100.5% + 5.5% 95.3% 98.9% + 3.8%
Percent of Properties Sold Over List Price* 60.0% 63.6% + 6.0% 26.9% 37.8% + 40.5%
Days on Market Until Sale 67 27 - 59.7% 56 35 - 37.5%
Inventory of Homes for Sale 14 18 + 28.6% -- -- --
Months Supply of Inventory 1.3 1.9 + 46.2% -- -- --
Local Market Update – March 2020
All MLS
North Beach / Mayport
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
North Beach / Mayport
+ 18.2% + 10.0% - 3.9%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 24 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
3426
4437
New Listings Closed Sales
Year to Date 2019 2020
+ 42.3%+ 29.4%
1110
1311
New Listings Closed Sales
March 2019 2020
+ 10.0%+ 18.2%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 33 36 + 9.1% 89 98 + 10.1%
Closed Sales 20 14 - 30.0% 49 52 + 6.1%
Median Sales Price* $331,000 $656,250 + 98.3% $548,639 $479,529 - 12.6%
Percent of Original List Price Received* 94.3% 94.8% + 0.5% 93.3% 94.8% + 1.6%
Percent of Properties Sold Over List Price* 20.0% 0.0% - 100.0% 14.3% 7.7% - 46.2%
Days on Market Until Sale 108 65 - 39.8% 108 70 - 35.2%
Inventory of Homes for Sale 118 94 - 20.3% -- -- --
Months Supply of Inventory 5.6 4.4 - 21.4% -- -- --
Local Market Update – March 2020
All MLS
NE St. Johns County – Ponte Vedra Beach North
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
NE St. Johns County – Ponte Vedra Beach North
+ 9.1% - 30.0% + 98.3%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 25 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 80%
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
+ 140%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
89
49
98
52
New Listings Closed Sales
Year to Date 2019 2020
+ 6.1%+ 10.1%
33
20
36
14
New Listings Closed Sales
March 2019 2020
- 30.0%+ 9.1%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 100 96 - 4.0% 303 289 - 4.6%
Closed Sales 54 77 + 42.6% 145 190 + 31.0%
Median Sales Price* $459,750 $470,000 + 2.2% $440,000 $466,250 + 6.0%
Percent of Original List Price Received* 92.4% 95.4% + 3.2% 93.2% 94.8% + 1.7%
Percent of Properties Sold Over List Price* 5.6% 5.2% - 7.1% 2.8% 4.2% + 50.0%
Days on Market Until Sale 133 114 - 14.3% 112 110 - 1.8%
Inventory of Homes for Sale 395 321 - 18.7% -- -- --
Months Supply of Inventory 6.6 4.7 - 28.8% -- -- --
Local Market Update – March 2020
All MLS
Ponte Vedra Bch / S Ponte Vedra Beach / Vilano Bch / Palm Valley
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Ponte Vedra Bch / S Ponte Vedra Beach / Vilano Bch / Palm Valley
- 4.0% + 42.6% + 2.2%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 26 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
303
145
289
190
New Listings Closed Sales
Year to Date 2019 2020
+ 31.0%- 4.6%
100
54
9677
New Listings Closed Sales
March 2019 2020
+ 42.6%- 4.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 114 129 + 13.2% 303 300 - 1.0%
Closed Sales 78 68 - 12.8% 178 186 + 4.5%
Median Sales Price* $434,450 $461,250 + 6.2% $415,525 $429,243 + 3.3%
Percent of Original List Price Received* 97.9% 98.4% + 0.5% 96.8% 97.9% + 1.1%
Percent of Properties Sold Over List Price* 20.5% 16.2% - 21.0% 15.2% 14.5% - 4.6%
Days on Market Until Sale 71 59 - 16.9% 79 70 - 11.4%
Inventory of Homes for Sale 279 226 - 19.0% -- -- --
Months Supply of Inventory 3.7 2.8 - 24.3% -- -- --
Local Market Update – March 2020
All MLS
Ponte Vedra / Nocatee (St. Johns County)
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Ponte Vedra / Nocatee (St. Johns County)
+ 13.2% - 12.8% + 6.2%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 27 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
303
178
300
186
New Listings Closed Sales
Year to Date 2019 2020
+ 4.5%- 1.0%
114
78
129
68
New Listings Closed Sales
March 2019 2020
- 12.8%+ 13.2%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 504 415 - 17.7% 1,157 1,126 - 2.7%
Closed Sales 265 300 + 13.2% 645 714 + 10.7%
Median Sales Price* $319,990 $325,990 + 1.9% $315,000 $330,000 + 4.8%
Percent of Original List Price Received* 97.5% 97.5% 0.0% 97.3% 96.9% - 0.4%
Percent of Properties Sold Over List Price* 15.8% 7.7% - 51.3% 14.9% 9.1% - 38.9%
Days on Market Until Sale 76 86 + 13.2% 83 86 + 3.6%
Inventory of Homes for Sale 1,130 892 - 21.1% -- -- --
Months Supply of Inventory 4.5 3.1 - 31.1% -- -- --
Local Market Update – March 2020
All MLS
St. Johns County - NW
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - NW
- 17.7% + 13.2% + 1.9%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 30 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,157
645
1,126
714
New Listings Closed Sales
Year to Date 2019 2020
+ 10.7%- 2.7%
504
265
415
300
New Listings Closed Sales
March 2019 2020
+ 13.2%- 17.7%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 45 48 + 6.7% 133 122 - 8.3%
Closed Sales 34 21 - 38.2% 75 60 - 20.0%
Median Sales Price* $352,500 $364,000 + 3.3% $385,920 $357,000 - 7.5%
Percent of Original List Price Received* 95.1% 96.4% + 1.4% 94.0% 96.0% + 2.1%
Percent of Properties Sold Over List Price* 0.0% 0.0% -- 1.3% 6.7% + 415.4%
Days on Market Until Sale 88 79 - 10.2% 100 87 - 13.0%
Inventory of Homes for Sale 142 127 - 10.6% -- -- --
Months Supply of Inventory 4.9 4.5 - 8.2% -- -- --
Local Market Update – March 2020
All MLS
St. Johns County - NE
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - NE
+ 6.7% - 38.2% + 3.3%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 31 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
133
75
122
60
New Listings Closed Sales
Year to Date 2019 2020
- 20.0%- 8.3%
45
34
48
21
New Listings Closed Sales
March 2019 2020
- 38.2%+ 6.7%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 30 39 + 30.0% 104 101 - 2.9%
Closed Sales 17 20 + 17.6% 39 50 + 28.2%
Median Sales Price* $404,000 $380,000 - 5.9% $380,000 $327,500 - 13.8%
Percent of Original List Price Received* 92.3% 95.5% + 3.5% 93.0% 93.8% + 0.9%
Percent of Properties Sold Over List Price* 0.0% 10.5% -- 7.7% 8.2% + 6.5%
Days on Market Until Sale 131 91 - 30.5% 107 99 - 7.5%
Inventory of Homes for Sale 146 133 - 8.9% -- -- --
Months Supply of Inventory 9.1 6.7 - 26.4% -- -- --
Local Market Update – March 2020
All MLS
St. Johns County - St. Augustine Area - East of US 1
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - St. Augustine Area - East of US 1
+ 30.0% + 17.6% - 5.9%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 32 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
104
39
101
50
New Listings Closed Sales
Year to Date 2019 2020
+ 28.2%- 2.9%
30
17
39
20
New Listings Closed Sales
March 2019 2020
+ 17.6%+ 30.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 162 145 - 10.5% 545 482 - 11.6%
Closed Sales 122 158 + 29.5% 291 359 + 23.4%
Median Sales Price* $249,948 $269,990 + 8.0% $257,000 $260,000 + 1.2%
Percent of Original List Price Received* 95.9% 95.0% - 0.9% 95.0% 94.9% - 0.1%
Percent of Properties Sold Over List Price* 7.4% 6.4% - 13.5% 7.2% 4.7% - 34.7%
Days on Market Until Sale 76 95 + 25.0% 83 89 + 7.2%
Inventory of Homes for Sale 587 478 - 18.6% -- -- --
Months Supply of Inventory 5.4 3.9 - 27.8% -- -- --
Local Market Update – March 2020
All MLS
St. Johns County - SE
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - SE
- 10.5% + 29.5% + 8.0%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 33 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
545
291
482
359
New Listings Closed Sales
Year to Date 2019 2020
+ 23.4%- 11.6%
162
122145
158
New Listings Closed Sales
March 2019 2020
+ 29.5%- 10.5%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 13 25 + 92.3% 35 52 + 48.6%
Closed Sales 10 9 - 10.0% 18 22 + 22.2%
Median Sales Price* $157,950 $239,900 + 51.9% $226,000 $244,950 + 8.4%
Percent of Original List Price Received* 91.6% 99.2% + 8.3% 93.1% 95.7% + 2.8%
Percent of Properties Sold Over List Price* 30.0% 33.3% + 11.0% 22.2% 22.7% + 2.3%
Days on Market Until Sale 49 43 - 12.2% 55 58 + 5.5%
Inventory of Homes for Sale 44 48 + 9.1% -- -- --
Months Supply of Inventory 5.1 5.2 + 2.0% -- -- --
Local Market Update – March 2020
All MLS
St. Johns County - SW
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County - SW
+ 92.3% - 10.0% + 51.9%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 34 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 100%
- 50%
0%
+ 50%
+ 100%
+ 150%
+ 200%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
35
18
52
22
New Listings Closed Sales
Year to Date 2019 2020
+ 22.2%+ 48.6%
1310
25
9
New Listings Closed Sales
March 2019 2020
- 10.0%+ 92.3%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 49 33 - 32.7% 128 127 - 0.8%
Closed Sales 35 29 - 17.1% 82 78 - 4.9%
Median Sales Price* $122,000 $170,000 + 39.3% $110,000 $132,000 + 20.0%
Percent of Original List Price Received* 91.1% 91.5% + 0.4% 90.2% 91.6% + 1.6%
Percent of Properties Sold Over List Price* 11.4% 17.2% + 50.9% 6.2% 12.8% + 106.5%
Days on Market Until Sale 97 85 - 12.4% 97 89 - 8.2%
Inventory of Homes for Sale 147 163 + 10.9% -- -- --
Months Supply of Inventory 4.8 5.1 + 6.3% -- -- --
Local Market Update – March 2020
All MLS
Putnam County NE
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Putnam County NE- 32.7% - 17.1% + 39.3%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 56 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
+ 60%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
128
82
127
78
New Listings Closed Sales
Year to Date 2019 2020
- 4.9%- 0.8%
49
353329
New Listings Closed Sales
March 2019 2020
- 17.1%- 32.7%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 32 22 - 31.3% 93 83 - 10.8%
Closed Sales 14 21 + 50.0% 54 55 + 1.9%
Median Sales Price* $66,450 $62,000 - 6.7% $71,500 $74,000 + 3.5%
Percent of Original List Price Received* 90.2% 89.0% - 1.3% 88.6% 87.9% - 0.8%
Percent of Properties Sold Over List Price* 21.4% 14.3% - 33.2% 14.8% 12.7% - 14.2%
Days on Market Until Sale 90 103 + 14.4% 81 111 + 37.0%
Inventory of Homes for Sale 123 95 - 22.8% -- -- --
Months Supply of Inventory 5.9 4.0 - 32.2% -- -- --
Local Market Update – March 2020
All MLS
Putnam County - West
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Putnam County - West
- 31.3% + 50.0% - 6.7%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 57 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
93
54
83
55
New Listings Closed Sales
Year to Date 2019 2020
+ 1.9%- 10.8%
32
14
22 21
New Listings Closed Sales
March 2019 2020
+ 50.0%- 31.3%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 21 19 - 9.5% 83 86 + 3.6%
Closed Sales 23 19 - 17.4% 59 54 - 8.5%
Median Sales Price* $79,000 $100,000 + 26.6% $80,000 $110,500 + 38.1%
Percent of Original List Price Received* 88.7% 87.9% - 0.9% 87.6% 88.7% + 1.3%
Percent of Properties Sold Over List Price* 4.3% 5.3% + 23.3% 5.1% 5.6% + 9.8%
Days on Market Until Sale 73 93 + 27.4% 107 107 0.0%
Inventory of Homes for Sale 116 123 + 6.0% -- -- --
Months Supply of Inventory 5.9 6.8 + 15.3% -- -- --
Local Market Update – March 2020
All MLS
Putnam County - South
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Putnam County - South
- 9.5% - 17.4% + 26.6%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 58 March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
83
59
86
54
New Listings Closed Sales
Year to Date 2019 2020
- 8.5%+ 3.6%
2123
19 19
New Listings Closed Sales
March 2019 2020
- 17.4%- 9.5%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 31 27 - 12.9% 74 95 + 28.4%
Closed Sales 18 23 + 27.8% 41 56 + 36.6%
Median Sales Price* $175,000 $210,000 + 20.0% $180,000 $196,450 + 9.1%
Percent of Original List Price Received* 92.7% 93.3% + 0.6% 92.1% 94.0% + 2.1%
Percent of Properties Sold Over List Price* 16.7% 17.4% + 4.2% 9.8% 16.1% + 64.3%
Days on Market Until Sale 84 88 + 4.8% 83 88 + 6.0%
Inventory of Homes for Sale 80 80 0.0% -- -- --
Months Supply of Inventory 3.5 3.8 + 8.6% -- -- --
Local Market Update – March 2020
All MLS
Baker County
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Baker County- 12.9% + 27.8% + 20.0%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
74
41
95
56
New Listings Closed Sales
Year to Date 2019 2020
+ 36.6%+ 28.4%
31
18
2723
New Listings Closed Sales
March 2019 2020
+ 27.8%- 12.9%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 484 543 + 12.2% 1,247 1,331 + 6.7%
Closed Sales 341 343 + 0.6% 819 850 + 3.8%
Median Sales Price* $220,000 $225,000 + 2.3% $215,000 $220,000 + 2.3%
Percent of Original List Price Received* 96.6% 96.3% - 0.3% 95.8% 96.6% + 0.8%
Percent of Properties Sold Over List Price* 15.2% 18.4% + 21.1% 17.1% 17.8% + 4.1%
Days on Market Until Sale 71 71 0.0% 73 68 - 6.8%
Inventory of Homes for Sale 1,015 948 - 6.6% -- -- --
Months Supply of Inventory 3.1 2.7 - 12.9% -- -- --
Local Market Update – March 2020
All MLS
Clay County
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Clay County+ 12.2% + 0.6% + 2.3%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,247
819
1,331
850
New Listings Closed Sales
Year to Date 2019 2020
+ 3.8%+ 6.7%
484
341
543
343
New Listings Closed Sales
March 2019 2020
+ 0.6%+ 12.2%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 2,071 2,184 + 5.5% 5,659 5,750 + 1.6%
Closed Sales 1,407 1,408 + 0.1% 3,555 3,774 + 6.2%
Median Sales Price* $203,000 $218,210 + 7.5% $194,900 $214,000 + 9.8%
Percent of Original List Price Received* 95.3% 96.5% + 1.3% 95.0% 95.8% + 0.8%
Percent of Properties Sold Over List Price* 16.7% 16.6% - 0.6% 13.9% 14.1% + 1.4%
Days on Market Until Sale 64 58 - 9.4% 64 63 - 1.6%
Inventory of Homes for Sale 4,632 3,906 - 15.7% -- -- --
Months Supply of Inventory 3.3 2.6 - 21.2% -- -- --
Local Market Update – March 2020
All MLS
Duval County
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Duval County+ 5.5% + 0.1% + 7.5%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
5,659
3,555
5,750
3,774
New Listings Closed Sales
Year to Date 2019 2020
+ 6.2%+ 1.6%
2,071
1,407
2,184
1,408
New Listings Closed Sales
March 2019 2020
+ 0.1%+ 5.5%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 164 147 - 10.4% 466 475 + 1.9%
Closed Sales 111 105 - 5.4% 268 275 + 2.6%
Median Sales Price* $261,499 $281,990 + 7.8% $266,400 $271,500 + 1.9%
Percent of Original List Price Received* 97.3% 96.2% - 1.1% 97.4% 95.8% - 1.6%
Percent of Properties Sold Over List Price* 17.1% 12.4% - 27.5% 16.8% 10.9% - 35.1%
Days on Market Until Sale 56 105 + 87.5% 68 88 + 29.4%
Inventory of Homes for Sale 503 455 - 9.5% -- -- --
Months Supply of Inventory 5.1 3.8 - 25.5% -- -- --
Local Market Update – March 2020
All MLS
Nassau County
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Nassau County- 10.4% - 5.4% + 7.8%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
466
268
475
275
New Listings Closed Sales
Year to Date 2019 2020
+ 2.6%+ 1.9%
164
111
147
105
New Listings Closed Sales
March 2019 2020
- 5.4%- 10.4%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 102 73 - 28.4% 303 294 - 3.0%
Closed Sales 71 69 - 2.8% 194 186 - 4.1%
Median Sales Price* $85,000 $119,000 + 40.0% $90,000 $115,000 + 27.8%
Percent of Original List Price Received* 90.4% 89.7% - 0.8% 89.0% 89.6% + 0.7%
Percent of Properties Sold Over List Price* 11.3% 13.0% + 15.0% 8.3% 10.8% + 30.1%
Days on Market Until Sale 87 93 + 6.9% 95 101 + 6.3%
Inventory of Homes for Sale 386 378 - 2.1% -- -- --
Months Supply of Inventory 5.4 5.1 - 5.6% -- -- --
Local Market Update – March 2020
All MLS
Putnam County
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Putnam County- 28.4% - 2.8% + 40.0%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
+ 60%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
303
194
294
186
New Listings Closed Sales
Year to Date 2019 2020
- 4.1%- 3.0%
102
7173 69
New Listings Closed Sales
March 2019 2020
- 2.8%- 28.4%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2019 2020 + / – 2019 2020 + / –
New Listings 993 935 - 5.8% 2,643 2,564 - 3.0%
Closed Sales 596 663 + 11.2% 1,429 1,623 + 13.6%
Median Sales Price* $325,000 $333,766 + 2.7% $320,000 $334,867 + 4.6%
Percent of Original List Price Received* 96.3% 96.6% + 0.3% 95.9% 96.1% + 0.2%
Percent of Properties Sold Over List Price* 12.9% 8.0% - 38.0% 11.4% 8.3% - 27.2%
Days on Market Until Sale 84 88 + 4.8% 88 87 - 1.1%
Inventory of Homes for Sale 2,826 2,314 - 18.1% -- -- --
Months Supply of Inventory 5.0 3.6 - 28.0% -- -- --
Local Market Update – March 2020
All MLS
St. Johns County
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
St. Johns County- 5.8% + 11.2% + 2.7%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
March Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
2,643
1,429
2,564
1,623
New Listings Closed Sales
Year to Date 2019 2020
+ 13.6%- 3.0%
993
596
935
663
New Listings Closed Sales
March 2019 2020
+ 11.2%- 5.8%