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Monthly Indicators A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS August 2016 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 All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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 . + 10.3% Change in Median Sales Price Closed sales began to cool for much of the country last month, and conventional wisdom indicates that year-over-year declines are going to be present for the remainder of the year, given the low inventory situation in most markets. Demand is certainly present and has created competitive situations that have kept prices up. Rental prices are also up, which may lure more toward homeownership. New Listings in the Northeast Florida region increased 2.3 percent to 3,222. Pending Sales were up 0.3 percent to 2,495. Inventory levels fell 14.3 percent to 9,290 units. Prices continued to gain traction. The Median Sales Price increased 10.3 percent to $190,750. Days on Market was down 4.0 percent to 72 days. Sellers were encouraged as Months Supply of Inventory was down 18.4 percent to 4.0 months. As inventory continues to drop, the contradictions of today's market are evident. Sellers should feel confident enough to list homes at fair prices and receive meaningful offers in a healthy residential real estate and overall economic environment. However, there may be lingering worry over the availability of move-in ready homes to replace what was sold. On a brighter note, building permits are trending upward. That news should be weighed against the fact that the highest level of activity is in multifamily rentals. - 14.3% Change in Inventory + 4.3% Change in Closed Sales Area breakouts of 33 submarkets begin after page 21. Percent of Original List Price Received Residential real estate activity comprised of single-family properties, townhomes, and condominiums combined. Percent of Properties Sold Over List Price

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Page 1: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Monthly Indicators A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS

August 2016 Quick Facts

Market Overview 2New Listings 3Pending Sales 4Closed Sales 5Days On Market Until Sale 6Median Sales Price 7Average Sales Price 8

910

Housing Affordability Index 11Inventory of Homes for Sale 12Months Supply of Inventory 13Housing Supply Overview Report 14

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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 .

+ 10.3%Change in

Median Sales Price

Closed sales began to cool for much of the country last month, and conventional wisdom indicates that year-over-year declines are going to be present for the remainder of the year, given the low inventory situation in most markets. Demand is certainly present and has created competitive situations that have kept prices up. Rental prices are also up, which may lure more toward homeownership.

New Listings in the Northeast Florida region increased 2.3 percent to 3,222. Pending Sales were up 0.3 percent to 2,495. Inventory levels fell 14.3 percent to 9,290 units.

Prices continued to gain traction. The Median Sales Price increased 10.3 percent to $190,750. Days on Market was down 4.0 percent to 72 days. Sellers were encouraged as Months Supply of Inventory was down 18.4 percent to 4.0 months.

As inventory continues to drop, the contradictions of today's market are evident. Sellers should feel confident enough to list homes at fair prices and receive meaningful offers in a healthy residential real estate and overall economic environment. However, there may be lingering worry over the availability of move-in ready homes to replace what was sold. On a brighter note, building permits are trending upward. That news should be weighed against the fact that the highest level of activity is in multifamily rentals.

- 14.3%Change inInventory

+ 4.3%Change in

Closed Sales

Area breakouts of 33 submarkets begin after page 21.

Percent of Original List Price Received

Residential real estate activity comprised of single-family properties, townhomes, and condominiums combined.

Percent of Properties Sold Over List Price

Page 2: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Market OverviewKey market metrics for the current month and year-to-date.

Key Metrics Historical Sparklines 8-2015 8-2016 +/- YTD 2015 YTD 2016 +/-

+ 0.7% 12.6% 12.9% + 2.4%

18,988 + 4.3%

$185,000

- 4.0% 84 77 - 8.3%

+ 8.8%

+ 1.2%

185

10,836

75 72

184

$172,945 $190,750

$238,457 + 13.2%

94.5% 95.6%

$210,707

13.4% 13.5%

+ 10.3% $170,000

- 2.1%

--

$210,578 $225,861 + 7.3%

+ 1.2%93.8% 94.9%

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

2,415 2,520 + 4.3% 18,213

New Listings

Pending Sales

Closed Sales

+ 0.2%

2,488 2,495 + 0.3% 19,481 19,891 + 2.1%

26,3733,149 3,222 + 2.3% 26,309

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 2

4.9

178 - 3.8%

- 14.3%

- 18.4%

9,290

4.0

188

--

-- --

--

--Months Supplyof Homes for Sale

Inventory of Homes for Sale

8-2013 8-2014 8-2015 8-2016

8-2013 8-2014 8-2015 8-2016

8-2013 8-2014 8-2015 8-2016

8-2013 8-2014 8-2015 8-2016

8-2013 8-2014 8-2015 8-2016

8-2013 8-2014 8-2015 8-2016

8-2013 8-2014 8-2015 8-2016

8-2013 8-2014 8-2015 8-2016

8-2013 8-2014 8-2015 8-2016

8-2013 8-2014 8-2015 8-2016

8-2013 8-2014 8-2015 8-2016

Page 3: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

New Listings A count of the properties that have been newly listed on the market in a given month.

MonthPrior Year

Current Year

+ / –

September 2015 2,779 2,965 +6.7%

October 2015 2,858 2,965 +3.7%

November 2015 2,357 2,439 +3.5%

December 2015 2,118 2,115 -0.1%

January 2016 3,063 3,054 -0.3%

February 2016 2,969 3,192 +7.5%

March 2016 3,355 3,637 +8.4%

April 2016 3,467 3,376 -2.6%

May 2016 3,378 3,365 -0.4%

June 2016 3,511 3,436 -2.1%

July 2016 3,417 3,091 -9.5%

August 2016 3,149 3,222 +2.3%

12-Month Avg 3,035 3,071 +1.2%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 3

2,7903,149 3,222

2014 2015 2016

August

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

Historical New Listing Activity

24,03226,309 26,373

2014 2015 2016

Year To Date

+0.2%+12.9% +2.3% +9.5%

Page 4: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Pending Sales A count of the properties on which contracts have been written in a given month.

MonthPrior Year

Current Year

+ / –

September 2015 1,937 2,159 +11.5%

October 2015 2,037 2,150 +5.5%

November 2015 1,660 1,890 +13.9%

December 2015 1,651 1,889 +14.4%

January 2016 1,949 2,033 +4.3%

February 2016 2,184 2,325 +6.5%

March 2016 2,547 2,626 +3.1%

April 2016 2,574 2,656 +3.2%

May 2016 2,593 2,691 +3.8%

June 2016 2,627 2,650 +0.9%

July 2016 2,519 2,415 -4.1%

August 2016 2,488 2,495 +0.3%

12-Month Avg 2,231 2,332 +4.5%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 4

2,094

2,488 2,495

2014 2015 2016

August

750

1,000

1,250

1,500

1,750

2,000

2,250

2,500

2,750

3,000

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

Historical Pending Sales Activity

16,471

19,481 19,891

2014 2015 2016

Year To Date

+2.1%+18.8% +0.3% +18.3%

Page 5: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Closed Sales A count of actual sales that have closed within a given month.

MonthPrior Year

Current Year

+ / –

September 2015 2,035 2,364 +16.2%

October 2015 2,049 2,134 +4.1%

November 2015 1,734 1,846 +6.5%

December 2015 2,149 2,290 +6.6%

January 2016 1,491 1,649 +10.6%

February 2016 1,683 1,885 +12.0%

March 2016 2,384 2,530 +6.1%

April 2016 2,354 2,458 +4.4%

May 2016 2,420 2,537 +4.8%

June 2016 2,758 2,872 +4.1%

July 2016 2,708 2,537 -6.3%

August 2016 2,415 2,520 +4.3%

12-Month Avg 2,182 2,302 +6.1%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 5

2,1802,415 2,520

2014 2015 2016

August

500

1,000

1,500

2,000

2,500

3,000

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

Historical Closed Sales Activity

15,99818,213 18,988

2014 2015 2016

Year To Date

+4.3%+10.8% +4.3% +13.8%

Page 6: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

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

+ / –

September 2015 83 76 -8.4%

October 2015 83 80 -3.6%

November 2015 83 80 -3.6%

December 2015 86 84 -2.3%

January 2016 91 84 -7.7%

February 2016 90 89 -1.1%

March 2016 91 82 -9.9%

April 2016 90 78 -13.3%

May 2016 86 75 -12.8%

June 2016 81 73 -9.9%

July 2016 77 69 -10.4%

August 2016 75 72 -4.0%

12-Month Avg 84 78 -7.4%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 6

8275 72

2014 2015 2016

August

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

Historical Days on Market Until Sale

85 8477

2014 2015 2016

Year To Date

-8.3%-8.5% -4.0% -1.2%

Page 7: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month.

MonthPrior Year

Current Year

+ / –

September 2015 $164,000 $174,960 +6.7%

October 2015 $162,000 $170,000 +4.9%

November 2015 $161,000 $164,500 +2.2%

December 2015 $171,500 $179,000 +4.4%

January 2016 $144,000 $164,632 +14.3%

February 2016 $157,000 $160,000 +1.9%

March 2016 $160,000 $179,900 +12.4%

April 2016 $172,000 $180,000 +4.7%

May 2016 $175,000 $191,500 +9.4%

June 2016 $181,000 $195,000 +7.7%

July 2016 $180,000 $194,000 +7.8%

August 2016 $172,945 $190,750 +10.3%

12-Month Med $169,000 $180,000 +6.5%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 7

$160,000$172,945

$190,750

2014 2015 2016

August

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

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

Historical Median Sales Price

$156,000$170,000

$185,000

2014 2015 2016

Year To Date

+8.8%+8.1% +10.3% +9.0%

Page 8: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month.

MonthPrior Year

Current Year

+ / –

September 2015 $202,209 $208,006 +2.9%

October 2015 $207,138 $215,612 +4.1%

November 2015 $194,820 $214,716 +10.2%

December 2015 $213,036 $224,186 +5.2%

January 2016 $187,076 $205,982 +10.1%

February 2016 $199,718 $202,504 +1.4%

March 2016 $201,250 $214,188 +6.4%

April 2016 $207,556 $223,117 +7.5%

May 2016 $215,258 $232,265 +7.9%

June 2016 $223,830 $236,920 +5.8%

July 2016 $223,335 $238,963 +7.0%

August 2016 $210,707 $238,457 +13.2%

12-Month Avg $208,816 $222,658 +6.6%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 8

$198,866$210,707

$238,457

2014 2015 2016

August

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

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

Historical Average Sales Price

$198,760$210,578

$225,861

2014 2015 2016

Year To Date

+ 7.3%+ 6.0% + 13.2% + 5.9%

Page 9: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Percent of Original List Price Received

MonthPrior Year

Current Year

+ / –

September 2015 92.9% 94.1% +1.3%

October 2015 93.1% 93.9% +0.9%

November 2015 93.0% 93.9% +1.0%

December 2015 93.1% 93.9% +0.9%

January 2016 92.5% 93.6% +1.2%

February 2016 92.7% 93.4% +0.8%

March 2016 92.9% 94.6% +1.8%

April 2016 93.6% 95.0% +1.5%

May 2016 94.1% 95.2% +1.2%

June 2016 94.4% 95.3% +1.0%

July 2016 94.4% 95.7% +1.4%

August 2016 94.5% 95.6% +1.2%

12-Month Avg 93.5% 94.6% +1.2%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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.

93.5% 94.5% 95.6%

2014 2015 2016

August

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

Historical Percent of Original List Price Received

92.4% 93.8% 94.9%

2014 2015 2016

Year To Date

+1.2%+1.1% +1.2% +1.5%

Page 10: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Percent of Properties Sold Over List Price

MonthPrior Year

Current Year

+ / –

September 2015 12.6% 12.8% +1.6%

October 2015 11.8% 12.0% +1.7%

November 2015 11.1% 12.1% +9.0%

December 2015 12.2% 14.4% +18.0%

January 2016 12.5% 11.9% -4.8%

February 2016 12.3% 12.0% -2.4%

March 2016 12.2% 13.9% +13.9%

April 2016 12.1% 13.2% +9.1%

May 2016 12.7% 12.4% -2.4%

June 2016 13.2% 13.2% 0.0%

July 2016 12.3% 12.9% +4.9%

August 2016 13.4% 13.5% +0.7%

12-Month Avg 12.4% 12.9% +4.1%

Percent of closed sales that sold for more than the most recent list price.

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 10

13.1% 13.4% 13.5%

2014 2015 2016

August

6%

8%

10%

12%

14%

16%

18%

20%

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

Historical Percent of Properties Sold Over List Price

12.3% 12.6% 12.9%

2014 2015 2016

Year To Date

+2.4%+1.9% +0.7% +2.0%

Page 11: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Housing Affordability Index

MonthPrior Year

Current Year

+ / –

September 2015 191 185 -3.1%

October 2015 200 190 -5.0%

November 2015 199 195 -2.0%

December 2015 190 179 -5.8%

January 2016 229 195 -14.8%

February 2016 211 204 -3.3%

March 2016 203 181 -10.8%

April 2016 191 184 -3.7%

May 2016 189 173 -8.5%

June 2016 177 173 -2.3%

July 2016 175 174 -0.6%

August 2016 185 178 -3.8%

12-Month Avg 195 184 -5.3%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 11

This index measures housing affordability for the region. 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.

198185 178

2014 2015 2016

August

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

Historical Housing Affordability Index

204188 184

2014 2015 2016

Year To Date

-2.1%-6.6% -3.8% -7.8%

Page 12: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

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

+ / –

September 2015 11,264 10,736 -4.7%

October 2015 11,133 10,641 -4.4%

November 2015 11,101 10,386 -6.4%

December 2015 10,534 9,569 -9.2%

January 2016 10,795 9,838 -8.9%

February 2016 10,830 10,002 -7.6%

March 2016 10,847 10,263 -5.4%

April 2016 10,984 10,226 -6.9%

May 2016 10,989 10,135 -7.8%

June 2016 10,981 9,998 -9.0%

July 2016 10,994 9,720 -11.6%

August 2016 10,836 9,290 -14.3%

12-Month Avg 10,941 10,067 -8.0%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 12

11,316 10,8369,290

2014 2015 2016

August

5,000

7,000

9,000

11,000

13,000

15,000

17,000

19,000

21,000

23,000

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

Historical Inventory of Homes for Sale

-14.3%-4.2%

Page 13: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

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

+ / –

September 2015 5.8 4.8 -17.2%

October 2015 5.7 4.7 -17.5%

November 2015 5.6 4.6 -17.9%

December 2015 5.3 4.2 -20.8%

January 2016 5.4 4.3 -20.4%

February 2016 5.4 4.3 -20.4%

March 2016 5.3 4.4 -17.0%

April 2016 5.3 4.4 -17.0%

May 2016 5.2 4.3 -17.3%

June 2016 5.1 4.3 -15.7%

July 2016 5.0 4.2 -16.0%

August 2016 4.9 4.0 -18.4%

12-Month Avg 5.3 4.4 -17.9%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 13

5.9

4.94.0

2014 2015 2016

August

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

Historical Months Supply of Inventory

-18.4%-16.9%

Page 14: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Housing Supply Overview

August 2016 Quick Facts

$500,000 to $999,999 Previously Owned

Pending Sales 15Days on Market Until Sale 16Median Sales Price 17Percent of Original List Price Received 18Percent of Properties Sold Over List Price 19Inventory of Homes for Sale 20Months Supply of Inventory 21

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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 .

Residential real estate activity comprised of single-family properties, townhomes, and condominiums combined.

Single-Family

A RESEARCH TOOL PROVIDED BY THENORTHEAST FLORIDA ASSOCIATION OF REALTORS

+ 18.2% + 5.0% + 4.7%Price Range With Strongest Sales:

Construction Status With Strongest Sales:

Property Type With Strongest Sales:

Page 15: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Pending Sales A count of properties on which offers have been accepted. Based on a rolling 12-month total.

By Price Range 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

$149,999 and Below 11,198 10,891 - 2.7% 8,685 8,386 - 3.4% 2,513 2,505 - 0.3%

$150,000 to $199,999 4,413 4,766 + 8.0% 3,837 4,078 + 6.3% 576 688 + 19.4%

$200,000 to $299,999 5,891 6,326 + 7.4% 5,445 5,890 + 8.2% 446 436 - 2.2%

$300,000 to $499,999 3,839 4,332 + 12.8% 3,534 4,000 + 13.2% 305 332 + 8.9%

$500,000 to $999,999 1,182 1,397 + 18.2% 1,060 1,258 + 18.7% 122 139 + 13.9%

$1,000,000 and Above 243 267 + 9.9% 214 244 + 14.0% 29 23 - 20.7%

All Price Ranges 26,766 27,979 + 4.5% 22,775 23,856 + 4.7% 3,991 4,123 + 3.3%

By Construction Status 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

Previously Owned 22,799 23,937 + 5.0% 19,212 20,208 + 5.2% 3,587 3,729 + 4.0%

New Construction 3,967 4,042 + 1.9% 3,563 3,648 + 2.4% 404 394 - 2.5%

All Property Types 26,766 27,979 + 4.5% 22,775 23,856 + 4.7% 3,991 4,123 + 3.3%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 15

All Properties Single-Family Condo-Townhouse

11,198

4,413

5,891

3,839

1,182243

10,891

4,766

6,326

4,332

1,397267

$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 Range8-2015 8-2016

22,799

3,967

23,937

4,042

Previously Owned New Construction

By Construction Status8-2015 8-2016

- 2.7%

22,775

3,991

23,856

4,123

Single-Family Condo-Townhouse

By Property Type8-2015 8-2016

+ 8.0% + 7.4% + 12.8% + 9.9% + 4.7% + 3.3%+ 5.0% + 1.9%+ 18.2%

Page 16: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Days on Market Until Sale

By Price Range 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

$149,999 and Below 81 74 - 8.6% 82 78 - 4.9% 74 60 - 18.9%

$150,000 to $199,999 81 71 - 12.3% 81 70 - 13.6% 82 76 - 7.3%

$200,000 to $299,999 84 76 - 9.5% 83 75 - 9.6% 95 90 - 5.3%

$300,000 to $499,999 90 88 - 2.2% 89 86 - 3.4% 96 116 + 20.8%

$500,000 to $999,999 110 104 - 5.5% 107 102 - 4.7% 137 122 - 10.9%

$1,000,000 and Above 141 138 - 2.1% 146 143 - 2.1% 103 92 - 10.7%

All Price Ranges 84 78 - 7.1% 85 79 - 7.1% 81 72 - 11.1%

By Construction Status 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

Previously Owned 82 76 - 7.3% 83 77 - 7.2% 79 68 - 13.9%

New Construction 98 90 - 8.2% 97 88 - 9.3% 105 107 + 1.9%

All Property Types 84 78 - 7.1% 85 79 - 7.1% 81 72 - 11.1%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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

81 81 84 90

110

141

74 71 7688

104

138

$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 Range8-2015 8-2016

8298

7690

Previously Owned New Construction

By Construction Status8-2015 8-2016

- 8.6%

85

8179

72

Single-Family Condo-Townhouse

By Property Type8-2015 8-2016

- 12.3% - 9.5% - 2.2% - 2.1% - 7.1% - 11.1%- 7.3% - 8.2%- 5.5%

Page 17: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Median Sales Price

By Construction Status 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

Previously Owned $150,000 $163,000 + 8.7% $160,000 $173,041 + 8.2% $112,000 $123,500 + 10.3%

New Construction $267,000 $273,500 + 2.4% $270,000 $282,690 + 4.7% $194,274 $165,595 - 14.8%

All Construction Statuses $169,000 $180,000 + 6.5% $180,000 $192,990 + 7.2% $118,000 $128,500 + 8.9%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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

$150,000

$267,000

$163,000

$273,500

Previously Owned New Construction

By Construction Status8-2015 8-2016

$169,000 $180,000

$118,000

$180,000$192,990

$128,500

All Properties Single-Family Condo-Townhouse

By Property Type8-2015 8-2016

+ 7.2% + 8.9%+ 8.7% + 6.5%+ 2.4%

Page 18: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Percent of Original List Price Received

By Price Range 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

$149,999 and Below 91.4% 92.7% + 1.4% 90.8% 92.1% + 1.4% 93.3% 94.5% + 1.3%

$150,000 to $199,999 94.9% 96.0% + 1.2% 94.9% 95.8% + 0.9% 95.2% 96.8% + 1.7%

$200,000 to $299,999 95.3% 96.1% + 0.8% 95.4% 96.1% + 0.7% 94.8% 95.9% + 1.2%

$300,000 to $499,999 95.7% 96.1% + 0.4% 95.7% 96.2% + 0.5% 95.3% 95.4% + 0.1%

$500,000 to $999,999 94.5% 94.8% + 0.3% 94.6% 94.9% + 0.3% 93.2% 93.8% + 0.6%

$1,000,000 and Above 90.4% 90.0% - 0.4% 90.5% 89.5% - 1.1% 89.4% 94.6% + 5.8%

All Price Ranges 93.5% 94.6% + 1.2% 93.5% 94.5% + 1.1% 93.8% 95.1% + 1.4%

By Construction Status 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

Previously Owned 92.7% 93.8% + 1.2% 92.6% 93.7% + 1.2% 93.2% 94.4% + 1.3%

New Construction 98.8% 99.5% + 0.7% 98.6% 99.3% + 0.7% 100.8% 101.1% + 0.3%

All Property Types 93.5% 94.6% + 1.2% 93.5% 94.5% + 1.1% 93.8% 95.1% + 1.4%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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

91.4%

94.9%95.3%

95.7%

94.5%

90.4%

92.7%

96.0% 96.1% 96.1%

94.8%

90.0%

$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 Range8-2015 8-2016

92.7%

98.8%

93.8%

99.5%

Previously Owned New Construction

By Construction Status8-2015 8-2016

+ 1.4%

93.5%93.8%

94.5%

95.1%

Single-Family Condo-Townhouse

By Property Type8-2015 8-2016

+ 1.2% + 0.8% + 0.4% - 0.4% + 1.1% + 1.4%+ 1.2% + 0.7%+ 0.3%

Page 19: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Percent of Properties Sold Over List Price

By Price Range 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

$149,999 and Below 20.3% 19.0% - 6.2% 19.7% 19.4% - 1.4% 22.2% 17.4% - 21.5%

$150,000 to $199,999 14.3% 13.9% - 3.3% 14.4% 14.7% + 2.2% 13.8% 7.6% - 44.8%

$200,000 to $299,999 14.8% 12.3% - 16.7% 14.5% 12.8% - 11.8% 18.4% 7.4% - 59.6%

$300,000 to $499,999 16.0% 12.9% - 19.5% 16.3% 12.7% - 21.8% 13.2% 14.6% + 10.6%

$500,000 to $999,999 11.7% 14.6% + 25.5% 12.6% 14.8% + 17.9% 3.3% 13.0% + 291.3%

$1,000,000 and Above 4.7% 9.9% + 108.1% 5.2% 11.3% + 117.0% 0.0% 0.0% 0.0%

All Price Ranges 17.3% 15.8% - 8.6% 16.8% 16.0% - 5.0% 19.6% 14.6% - 25.7%

By Construction Status 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

Previously Owned 15.9% 14.3% - 10.3% 15.6% 14.6% - 6.2% 17.5% 12.4% - 29.0%

New Construction 25.4% 24.5% - 3.7% 23.7% 23.2% - 2.1% 39.7% 36.1% - 9.0%

All Property Types 17.3% 15.8% - 8.6% 16.8% 16.0% - 5.0% 19.6% 14.6% - 25.7%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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

20.3%

14.3% 14.8%16.0%

11.7%

4.7%

19.0%

13.9%12.3% 12.9%

14.6%

9.9%

$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 Range8-2015 8-2016

15.9%

25.4%

14.3%

24.5%

Previously Owned New Construction

By Construction Status8-2015 8-2016

- 6.2%

16.8%19.6%

16.0%14.6%

Single-Family Condo-Townhouse

By Property Type8-2015 8-2016

- 3.3% - 16.7% - 19.5% + 108.1% - 5.0% - 25.7%- 10.3% - 3.7%+ 25.5%

Page 20: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

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 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

$149,999 and Below 3,860 2,248 - 41.8% 3,209 1,827 - 43.1% 651 421 - 35.3%

$150,000 to $199,999 1,444 1,214 - 15.9% 1,232 1,005 - 18.4% 212 209 - 1.4%

$200,000 to $299,999 2,170 2,095 - 3.5% 2,000 1,895 - 5.3% 170 200 + 17.6%

$300,000 to $499,999 1,909 2,069 + 8.4% 1,731 1,860 + 7.5% 178 209 + 17.4%

$500,000 to $999,999 1,034 1,200 + 16.1% 933 1,087 + 16.5% 101 113 + 11.9%

$1,000,000 and Above 419 464 + 10.7% 378 416 + 10.1% 41 48 + 17.1%

All Price Ranges 10,836 9,290 - 14.3% 9,483 8,090 - 14.7% 1,353 1,200 - 11.3%

By Construction Status 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

Previously Owned 9,385 7,843 - 16.4% 8,245 6,804 - 17.5% 1,140 1,039 - 8.9%

New Construction 1,451 1,447 - 0.3% 1,238 1,286 + 3.9% 213 161 - 24.4%

All Property Types 10,836 9,290 - 14.3% 9,483 8,090 - 14.7% 1,353 1,200 - 11.3%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 20

All Properties Single-Family Condo-Townhouse

3,860

1,444

2,1701,909

1,034

419

2,248

1,214

2,095 2,069

1,200

464

$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 Range8-2015 8-2016

9,385

1,451

7,843

1,447

Previously Owned New Construction

By Construction Status8-2015 8-2016

- 41.8%

9,483

1,353

8,090

1,200

Single-Family Condo-Townhouse

By Property Type8-2015 8-2016

- 15.9% - 3.5% + 8.4% + 10.7% - 14.7% - 11.3%- 16.4% - 0.3%+ 16.1%

Page 21: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

Months Supply of Inventory

By Price Range 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

$149,999 and Below 4.1 2.5 - 39.0% 4.4 2.6 - 40.9% 3.1 2.0 - 35.5%

$150,000 to $199,999 3.9 3.1 - 20.5% 3.9 3.0 - 23.1% 4.4 3.6 - 18.2%

$200,000 to $299,999 4.4 4.0 - 9.1% 4.4 3.9 - 11.4% 4.6 5.5 + 19.6%

$300,000 to $499,999 6.0 5.7 - 5.0% 5.9 5.6 - 5.1% 7.0 7.6 + 8.6%

$500,000 to $999,999 10.5 10.3 - 1.9% 10.6 10.4 - 1.9% 9.9 9.8 - 1.0%

$1,000,000 and Above 20.7 20.9 + 1.0% 21.2 20.5 - 3.3% 15.6 23.0 + 47.4%

All Price Ranges 4.9 4.0 - 18.4% 5.0 4.1 - 18.0% 4.1 3.5 - 14.6%

By Construction Status 8-2015 8-2016 Change 8-2015 8-2016 Change 8-2015 8-2016 Change

Previously Owned 4.9 3.9 - 20.4% 5.1 4.0 - 21.5% 3.8 3.3 - 12.3%

New Construction 4.4 4.3 - 2.1% 4.2 4.2 + 1.5% 6.3 4.9 - 22.5%

All Property Types 4.9 4.0 - 18.4% 5.0 4.1 - 18.0% 4.1 3.5 - 14.6%

All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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

4.1 3.9 4.46.0

10.5

20.7

2.5 3.14.0

5.7

10.3

20.9

$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 Range8-2015 8-2016

4.94.4

3.9 4.3

Previously Owned New Construction

By Construction Status8-2015 8-2016

- 39.0%

5.04.14.1

3.5

Single-Family Condo-Townhouse

By Property Type8-2015 8-2016

- 20.5% - 9.1% - 5.0% + 1.0% - 18.0% - 14.6%- 20.4% - 2.1%- 1.9%

Page 22: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 299 274 - 8.4% 2,568 2,435 - 5.2%

Closed Sales 232 236 + 1.7% 1,799 1,840 + 2.3%

Median Sales Price* $189,995 $213,750 + 12.5% $182,500 $200,000 + 9.6%

Percent of Original List Price Received* 95.9% 95.8% - 0.1% 94.5% 95.7% + 1.3%

Percent of Properties Sold Over List Price* 19.8% 14.4% - 27.3% 15.5% 16.7% + 7.7%

Days on Market Until Sale 58 59 + 1.7% 75 66 - 12.0%

Inventory of Homes for Sale 918 770 - 16.1% -- -- --

Months Supply of Inventory 4.1 3.5 - 14.6% -- -- --

Local Market Update – August 2016

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

- 8.4% + 1.7% + 12.5%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 01 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

2,568

1,799

2,435

1,840

New Listings Closed Sales

Year to Date 2015 2016

+ 2.3%- 5.2%

299

232274

236

New Listings Closed Sales

August 2015 2016

+ 1.7%- 8.4%

Page 23: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 417 391 - 6.2% 3,268 3,141 - 3.9%

Closed Sales 312 290 - 7.1% 2,373 2,402 + 1.2%

Median Sales Price* $170,000 $179,500 + 5.6% $166,000 $181,000 + 9.0%

Percent of Original List Price Received* 95.1% 96.2% + 1.2% 94.7% 95.9% + 1.3%

Percent of Properties Sold Over List Price* 19.9% 19.3% - 3.0% 17.4% 16.7% - 4.0%

Days on Market Until Sale 71 55 - 22.5% 74 65 - 12.2%

Inventory of Homes for Sale 1,125 977 - 13.2% -- -- --

Months Supply of Inventory 3.8 3.4 - 10.5% -- -- --

Local Market Update – August 2016

All MLS

Southside

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Southside- 6.2% - 7.1% + 5.6%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 02 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

3,268

2,373

3,141

2,402

New Listings Closed Sales

Year to Date 2015 2016

+ 1.2%- 3.9%

417

312

391

290

New Listings Closed Sales

August 2015 2016

- 7.1%- 6.2%

Page 24: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 72 60 - 16.7% 593 625 + 5.4%

Closed Sales 52 53 + 1.9% 402 410 + 2.0%

Median Sales Price* $234,000 $244,900 + 4.7% $231,000 $245,000 + 6.1%

Percent of Original List Price Received* 92.5% 91.8% - 0.8% 92.6% 94.0% + 1.5%

Percent of Properties Sold Over List Price* 13.5% 9.4% - 30.4% 10.4% 9.0% - 13.5%

Days on Market Until Sale 82 88 + 7.3% 89 80 - 10.1%

Inventory of Homes for Sale 239 249 + 4.2% -- -- --

Months Supply of Inventory 4.9 5.2 + 6.1% -- -- --

Local Market Update – August 2016

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

- 16.7% + 1.9% + 4.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 03 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

593

402

625

410

New Listings Closed Sales

Year to Date 2015 2016

+ 2.0%+ 5.4%

72

5260

53

New Listings Closed Sales

August 2015 2016

+ 1.9%- 16.7%

Page 25: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 233 230 - 1.3% 1,799 1,731 - 3.8%

Closed Sales 185 184 - 0.5% 1,334 1,378 + 3.3%

Median Sales Price* $142,000 $162,750 + 14.6% $139,000 $155,000 + 11.5%

Percent of Original List Price Received* 95.9% 97.1% + 1.3% 94.4% 95.8% + 1.5%

Percent of Properties Sold Over List Price* 24.3% 23.4% - 3.7% 20.3% 19.2% - 5.4%

Days on Market Until Sale 63 54 - 14.3% 70 64 - 8.6%

Inventory of Homes for Sale 622 484 - 22.2% -- -- --

Months Supply of Inventory 3.8 2.9 - 23.7% -- -- --

Local Market Update – August 2016

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

- 1.3% - 0.5% + 14.6%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 04 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

1,799

1,334

1,731

1,378

New Listings Closed Sales

Year to Date 2015 2016

+ 3.3%- 3.8%

233

185

230

184

New Listings Closed Sales

August 2015 2016

- 0.5%- 1.3%

Page 26: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 148 138 - 6.8% 1,041 1,080 + 3.7%

Closed Sales 108 90 - 16.7% 742 781 + 5.3%

Median Sales Price* $69,500 $112,700 + 62.2% $68,000 $95,000 + 39.7%

Percent of Original List Price Received* 92.8% 94.8% + 2.2% 91.6% 93.8% + 2.4%

Percent of Properties Sold Over List Price* 20.4% 22.2% + 8.8% 22.0% 18.3% - 16.8%

Days on Market Until Sale 75 77 + 2.7% 73 63 - 13.7%

Inventory of Homes for Sale 393 294 - 25.2% -- -- --

Months Supply of Inventory 4.4 2.9 - 34.1% -- -- --

Local Market Update – August 2016

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

- 6.8% - 16.7% + 62.2%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 05 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 60%

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

1,041

742

1,080

781

New Listings Closed Sales

Year to Date 2015 2016

+ 5.3%+ 3.7%

148

108

138

90

New Listings Closed Sales

August 2015 2016

- 16.7%- 6.8%

Page 27: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 169 180 + 6.5% 1,368 1,419 + 3.7%

Closed Sales 136 164 + 20.6% 1,108 1,152 + 4.0%

Median Sales Price* $116,995 $135,000 + 15.4% $120,000 $129,945 + 8.3%

Percent of Original List Price Received* 94.4% 97.0% + 2.8% 94.6% 95.7% + 1.2%

Percent of Properties Sold Over List Price* 19.9% 23.2% + 16.6% 19.5% 20.7% + 6.2%

Days on Market Until Sale 67 66 - 1.5% 75 65 - 13.3%

Inventory of Homes for Sale 500 340 - 32.0% -- -- --

Months Supply of Inventory 3.8 2.3 - 39.5% -- -- --

Local Market Update – August 2016

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+ 6.5% + 20.6% + 15.4%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 06 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

1,3681,108

1,419

1,152

New Listings Closed Sales

Year to Date 2015 2016

+ 4.0%+ 3.7%

169

136

180164

New Listings Closed Sales

August 2015 2016

+ 20.6%+ 6.5%

Page 28: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 137 161 + 17.5% 1,192 1,185 - 0.6%

Closed Sales 94 98 + 4.3% 685 699 + 2.0%

Median Sales Price* $26,101 $40,750 + 56.1% $25,000 $33,379 + 33.5%

Percent of Original List Price Received* 91.8% 94.2% + 2.6% 89.2% 90.0% + 0.9%

Percent of Properties Sold Over List Price* 20.9% 19.4% - 7.2% 21.0% 19.4% - 7.6%

Days on Market Until Sale 68 69 + 1.5% 91 85 - 6.6%

Inventory of Homes for Sale 563 418 - 25.8% -- -- --

Months Supply of Inventory 6.7 4.6 - 31.3% -- -- --

Local Market Update – August 2016

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

+ 17.5% + 4.3% + 56.1%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 07 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 80%

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

1,192

685

1,185

699

New Listings Closed Sales

Year to Date 2015 2016

+ 2.0%- 0.6%

137

94

161

98

New Listings Closed Sales

August 2015 2016

+ 4.3%+ 17.5%

Page 29: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 28 27 - 3.6% 246 272 + 10.6%

Closed Sales 22 38 + 72.7% 191 197 + 3.1%

Median Sales Price* $130,750 $152,625 + 16.7% $130,000 $150,000 + 15.4%

Percent of Original List Price Received* 89.1% 98.9% + 11.0% 91.5% 96.7% + 5.7%

Percent of Properties Sold Over List Price* 18.2% 18.4% + 1.1% 17.3% 23.6% + 36.4%

Days on Market Until Sale 78 64 - 17.9% 96 77 - 19.8%

Inventory of Homes for Sale 119 83 - 30.3% -- -- --

Months Supply of Inventory 5.0 3.3 - 34.0% -- -- --

Local Market Update – August 2016

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

- 3.6% + 72.7% + 16.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 08 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

246

191

272

197

New Listings Closed Sales

Year to Date 2015 2016

+ 3.1%+ 10.6%

2822

27

38

New Listings Closed Sales

August 2015 2016

+ 72.7%- 3.6%

Page 30: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 162 164 + 1.2% 1,303 1,296 - 0.5%

Closed Sales 120 113 - 5.8% 859 973 + 13.3%

Median Sales Price* $170,000 $174,400 + 2.6% $165,000 $183,000 + 10.9%

Percent of Original List Price Received* 95.6% 96.4% + 0.8% 94.7% 96.0% + 1.4%

Percent of Properties Sold Over List Price* 15.0% 20.4% + 36.0% 18.6% 20.2% + 8.6%

Days on Market Until Sale 83 83 0.0% 90 83 - 7.8%

Inventory of Homes for Sale 532 428 - 19.5% -- -- --

Months Supply of Inventory 4.9 3.5 - 28.6% -- -- --

Local Market Update – August 2016

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+ 1.2% - 5.8% + 2.6%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 09 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

+ 30%

+ 35%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

1,303

859

1,296

973

New Listings Closed Sales

Year to Date 2015 2016

+ 13.3%- 0.5%

162

120

164

113

New Listings Closed Sales

August 2015 2016

- 5.8%+ 1.2%

Page 31: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 76 67 - 11.8% 687 662 - 3.6%

Closed Sales 56 85 + 51.8% 418 417 - 0.2%

Median Sales Price* $226,000 $236,000 + 4.4% $229,500 $240,000 + 4.6%

Percent of Original List Price Received* 94.3% 96.3% + 2.1% 94.5% 95.6% + 1.2%

Percent of Properties Sold Over List Price* 7.1% 22.4% + 215.5% 11.2% 15.1% + 34.8%

Days on Market Until Sale 54 60 + 11.1% 73 70 - 4.1%

Inventory of Homes for Sale 244 222 - 9.0% -- -- --

Months Supply of Inventory 4.8 4.4 - 8.3% -- -- --

Local Market Update – August 2016

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- 11.8% + 51.8% + 4.4%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 12 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

687

418

662

417

New Listings Closed Sales

Year to Date 2015 2016

- 0.2%- 3.6%

76

5667

85

New Listings Closed Sales

August 2015 2016

+ 51.8%- 11.8%

Page 32: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 204 219 + 7.4% 1,635 1,539 - 5.9%

Closed Sales 170 130 - 23.5% 1,279 1,162 - 9.1%

Median Sales Price* $151,000 $187,000 + 23.8% $150,000 $158,125 + 5.4%

Percent of Original List Price Received* 95.5% 96.6% + 1.2% 94.4% 95.7% + 1.4%

Percent of Properties Sold Over List Price* 18.9% 17.7% - 6.3% 17.8% 18.5% + 3.9%

Days on Market Until Sale 62 70 + 12.9% 84 72 - 14.3%

Inventory of Homes for Sale 539 481 - 10.8% -- -- --

Months Supply of Inventory 3.5 3.3 - 5.7% -- -- --

Local Market Update – August 2016

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+ 7.4% - 23.5% + 23.8%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 13 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

1,635

1,2791,539

1,162

New Listings Closed Sales

Year to Date 2015 2016

- 9.1%- 5.9%

204170

219

130

New Listings Closed Sales

August 2015 2016

- 23.5%+ 7.4%

Page 33: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 95 116 + 22.1% 966 895 - 7.3%

Closed Sales 97 86 - 11.3% 680 674 - 0.9%

Median Sales Price* $157,900 $176,000 + 11.5% $150,700 $166,995 + 10.8%

Percent of Original List Price Received* 94.6% 95.1% + 0.5% 94.3% 94.1% - 0.2%

Percent of Properties Sold Over List Price* 18.6% 12.8% - 31.2% 19.4% 15.3% - 21.1%

Days on Market Until Sale 90 75 - 16.7% 89 82 - 7.9%

Inventory of Homes for Sale 369 306 - 17.1% -- -- --

Months Supply of Inventory 4.3 3.7 - 14.0% -- -- --

Local Market Update – August 2016

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+ 22.1% - 11.3% + 11.5%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 14 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

966

680

895

674

New Listings Closed Sales

Year to Date 2015 2016

- 0.9%- 7.3%

95 97116

86

New Listings Closed Sales

August 2015 2016

- 11.3%+ 22.1%

Page 34: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 22 20 - 9.1% 190 211 + 11.1%

Closed Sales 9 13 + 44.4% 117 126 + 7.7%

Median Sales Price* $130,000 $94,900 - 27.0% $77,000 $89,800 + 16.6%

Percent of Original List Price Received* 89.5% 93.8% + 4.8% 88.6% 90.8% + 2.5%

Percent of Properties Sold Over List Price* 11.1% 7.7% - 30.6% 16.2% 9.5% - 41.4%

Days on Market Until Sale 113 94 - 16.8% 119 117 - 1.7%

Inventory of Homes for Sale 138 118 - 14.5% -- -- --

Months Supply of Inventory 9.5 7.7 - 18.9% -- -- --

Local Market Update – August 2016

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

- 9.1% + 44.4% - 27.0%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 15 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

190

117

211

126

New Listings Closed Sales

Year to Date 2015 2016

+ 7.7%+ 11.1%

22

9

20

13

New Listings Closed Sales

August 2015 2016

+ 44.4%- 9.1%

Page 35: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 29 27 - 6.9% 303 236 - 22.1%

Closed Sales 23 21 - 8.7% 175 180 + 2.9%

Median Sales Price* $149,990 $199,990 + 33.3% $162,930 $205,000 + 25.8%

Percent of Original List Price Received* 90.9% 98.8% + 8.7% 92.0% 95.6% + 3.9%

Percent of Properties Sold Over List Price* 4.3% 19.0% + 341.9% 14.9% 21.2% + 42.3%

Days on Market Until Sale 125 68 - 45.6% 93 92 - 1.1%

Inventory of Homes for Sale 155 88 - 43.2% -- -- --

Months Supply of Inventory 7.3 3.5 - 52.1% -- -- --

Local Market Update – August 2016

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- 6.9% - 8.7% + 33.3%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 16 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

303

175

236180

New Listings Closed Sales

Year to Date 2015 2016

+ 2.9%- 22.1%

29

2327

21

New Listings Closed Sales

August 2015 2016

- 8.7%- 6.9%

Page 36: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 72 66 - 8.3% 648 563 - 13.1%

Closed Sales 54 58 + 7.4% 448 428 - 4.5%

Median Sales Price* $302,500 $348,500 + 15.2% $299,950 $315,000 + 5.0%

Percent of Original List Price Received* 94.6% 94.2% - 0.4% 94.1% 95.0% + 1.0%

Percent of Properties Sold Over List Price* 13.0% 8.6% - 33.8% 11.8% 8.6% - 27.1%

Days on Market Until Sale 64 75 + 17.2% 82 83 + 1.2%

Inventory of Homes for Sale 261 194 - 25.7% -- -- --

Months Supply of Inventory 4.9 3.7 - 24.5% -- -- --

Local Market Update – August 2016

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- 8.3% + 7.4% + 15.2%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 21 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

648

448563

428

New Listings Closed Sales

Year to Date 2015 2016

- 4.5%- 13.1%

72

5466

58

New Listings Closed Sales

August 2015 2016

+ 7.4%- 8.3%

Page 37: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 10 13 + 30.0% 127 111 - 12.6%

Closed Sales 13 16 + 23.1% 93 79 - 15.1%

Median Sales Price* $313,500 $412,500 + 31.6% $319,900 $357,500 + 11.8%

Percent of Original List Price Received* 91.8% 101.6% + 10.7% 93.4% 95.8% + 2.6%

Percent of Properties Sold Over List Price* 15.4% 25.0% + 62.3% 17.2% 15.2% - 11.6%

Days on Market Until Sale 94 57 - 39.4% 83 62 - 25.3%

Inventory of Homes for Sale 42 37 - 11.9% -- -- --

Months Supply of Inventory 4.0 3.8 - 5.0% -- -- --

Local Market Update – August 2016

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+ 30.0% + 23.1% + 31.6%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 22 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

127

93111

79

New Listings Closed Sales

Year to Date 2015 2016

- 15.1%- 12.6%

10

1313

16

New Listings Closed Sales

August 2015 2016

+ 23.1%+ 30.0%

Page 38: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 39 34 - 12.8% 344 325 - 5.5%

Closed Sales 28 41 + 46.4% 240 233 - 2.9%

Median Sales Price* $185,750 $357,000 + 92.2% $215,000 $269,500 + 25.3%

Percent of Original List Price Received* 95.2% 93.7% - 1.6% 93.4% 94.5% + 1.2%

Percent of Properties Sold Over List Price* 21.4% 9.8% - 54.2% 13.3% 15.0% + 12.8%

Days on Market Until Sale 84 77 - 8.3% 80 72 - 10.0%

Inventory of Homes for Sale 127 121 - 4.7% -- -- --

Months Supply of Inventory 4.4 4.5 + 2.3% -- -- --

Local Market Update – August 2016

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- 12.8% + 46.4% + 92.2%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 23 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

344

240

325

233

New Listings Closed Sales

Year to Date 2015 2016

- 2.9%- 5.5%

39

2834

41

New Listings Closed Sales

August 2015 2016

+ 46.4%- 12.8%

Page 39: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 27 22 - 18.5% 233 223 - 4.3%

Closed Sales 16 16 0.0% 137 141 + 2.9%

Median Sales Price* $532,500 $760,000 + 42.7% $475,000 $469,900 - 1.1%

Percent of Original List Price Received* 90.5% 92.4% + 2.1% 93.0% 93.2% + 0.2%

Percent of Properties Sold Over List Price* 6.3% 0.0% - 100.0% 8.8% 7.8% - 11.4%

Days on Market Until Sale 103 111 + 7.8% 97 89 - 8.2%

Inventory of Homes for Sale 118 107 - 9.3% -- -- --

Months Supply of Inventory 7.2 6.4 - 11.1% -- -- --

Local Market Update – August 2016

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

- 18.5% 0.0% + 42.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 25 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 80%

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

233

137

223

141

New Listings Closed Sales

Year to Date 2015 2016

+ 2.9%- 4.3%

27

16

22

16

New Listings Closed Sales

August 2015 2016

0.0%- 18.5%

Page 40: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 64 65 + 1.6% 727 793 + 9.1%

Closed Sales 57 54 - 5.3% 477 427 - 10.5%

Median Sales Price* $343,155 $493,500 + 43.8% $390,000 $426,500 + 9.4%

Percent of Original List Price Received* 94.4% 92.4% - 2.1% 93.6% 93.4% - 0.2%

Percent of Properties Sold Over List Price* 12.3% 3.7% - 69.9% 7.1% 4.4% - 38.0%

Days on Market Until Sale 81 124 + 53.1% 109 103 - 5.5%

Inventory of Homes for Sale 371 389 + 4.9% -- -- --

Months Supply of Inventory 6.2 7.4 + 19.4% -- -- --

Local Market Update – August 2016

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

+ 1.6% - 5.3% + 43.8%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 26 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

727

477

793

427

New Listings Closed Sales

Year to Date 2015 2016

- 10.5%+ 9.1%

6457

6554

New Listings Closed Sales

August 2015 2016

- 5.3%+ 1.6%

Page 41: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 74 92 + 24.3% 614 749 + 22.0%

Closed Sales 73 74 + 1.4% 417 551 + 32.1%

Median Sales Price* $381,146 $369,494 - 3.1% $379,130 $373,400 - 1.5%

Percent of Original List Price Received* 97.8% 98.5% + 0.7% 98.7% 98.5% - 0.2%

Percent of Properties Sold Over List Price* 12.3% 21.6% + 75.6% 22.8% 22.4% - 1.8%

Days on Market Until Sale 63 67 + 6.3% 62 64 + 3.2%

Inventory of Homes for Sale 179 243 + 35.8% -- -- --

Months Supply of Inventory 3.1 3.6 + 16.1% -- -- --

Local Market Update – August 2016

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)

+ 24.3% + 1.4% - 3.1%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 27 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

614

417

749

551

New Listings Closed Sales

Year to Date 2015 2016

+ 32.1%+ 22.0%

74 73

92

74

New Listings Closed Sales

August 2015 2016

+ 1.4%+ 24.3%

Page 42: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 277 310 + 11.9% 2,247 2,551 + 13.5%

Closed Sales 223 227 + 1.8% 1,627 1,762 + 8.3%

Median Sales Price* $263,000 $286,500 + 8.9% $267,500 $282,240 + 5.5%

Percent of Original List Price Received* 95.9% 96.0% + 0.1% 95.8% 96.4% + 0.6%

Percent of Properties Sold Over List Price* 12.6% 12.3% - 2.4% 12.9% 16.7% + 29.5%

Days on Market Until Sale 80 70 - 12.5% 83 75 - 9.6%

Inventory of Homes for Sale 890 861 - 3.3% -- -- --

Months Supply of Inventory 4.8 4.2 - 12.5% -- -- --

Local Market Update – August 2016

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

+ 11.9% + 1.8% + 8.9%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 30 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

2,247

1,627

2,551

1,762

New Listings Closed Sales

Year to Date 2015 2016

+ 8.3%+ 13.5%

277223

310

227

New Listings Closed Sales

August 2015 2016

+ 1.8%+ 11.9%

Page 43: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 45 43 - 4.4% 329 328 - 0.3%

Closed Sales 17 38 + 123.5% 167 233 + 39.5%

Median Sales Price* $284,080 $362,150 + 27.5% $360,000 $350,000 - 2.8%

Percent of Original List Price Received* 96.5% 95.0% - 1.6% 96.5% 96.0% - 0.5%

Percent of Properties Sold Over List Price* 11.8% 5.3% - 55.1% 12.6% 9.4% - 25.4%

Days on Market Until Sale 124 100 - 19.4% 112 107 - 4.5%

Inventory of Homes for Sale 165 160 - 3.0% -- -- --

Months Supply of Inventory 7.5 5.9 - 21.3% -- -- --

Local Market Update – August 2016

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

- 4.4% + 123.5% + 27.5%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 31 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

329

167

328

233

New Listings Closed Sales

Year to Date 2015 2016

+ 39.5%- 0.3%

45

17

4338

New Listings Closed Sales

August 2015 2016

+ 123.5%- 4.4%

Page 44: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 16 23 + 43.8% 127 154 + 21.3%

Closed Sales 12 13 + 8.3% 90 92 + 2.2%

Median Sales Price* $302,500 $281,000 - 7.1% $275,950 $265,750 - 3.7%

Percent of Original List Price Received* 94.8% 91.3% - 3.7% 92.4% 91.9% - 0.5%

Percent of Properties Sold Over List Price* 8.3% 7.7% - 7.2% 4.4% 5.4% + 22.7%

Days on Market Until Sale 84 147 + 75.0% 99 117 + 18.2%

Inventory of Homes for Sale 73 90 + 23.3% -- -- --

Months Supply of Inventory 7.0 8.4 + 20.0% -- -- --

Local Market Update – August 2016

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

+ 43.8% + 8.3% - 7.1%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 32 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

127

90

154

92

New Listings Closed Sales

Year to Date 2015 2016

+ 2.2%+ 21.3%

1612

23

13

New Listings Closed Sales

August 2015 2016

+ 8.3%+ 43.8%

Page 45: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 89 140 + 57.3% 887 1,089 + 22.8%

Closed Sales 89 100 + 12.4% 619 729 + 17.8%

Median Sales Price* $214,000 $224,995 + 5.1% $204,000 $220,900 + 8.3%

Percent of Original List Price Received* 94.1% 96.2% + 2.2% 94.6% 95.2% + 0.6%

Percent of Properties Sold Over List Price* 15.7% 13.0% - 17.2% 11.5% 8.1% - 29.6%

Days on Market Until Sale 73 79 + 8.2% 93 90 - 3.2%

Inventory of Homes for Sale 388 451 + 16.2% -- -- --

Months Supply of Inventory 5.1 5.0 - 2.0% -- -- --

Local Market Update – August 2016

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

+ 57.3% + 12.4% + 5.1%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 33 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

887

619

1,089

729

New Listings Closed Sales

Year to Date 2015 2016

+ 17.8%+ 22.8%

89 89

140

100

New Listings Closed Sales

August 2015 2016

+ 12.4%+ 57.3%

Page 46: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 15 13 - 13.3% 104 123 + 18.3%

Closed Sales 7 8 + 14.3% 70 66 - 5.7%

Median Sales Price* $181,000 $256,000 + 41.4% $138,750 $150,000 + 8.1%

Percent of Original List Price Received* 90.3% 93.1% + 3.1% 88.8% 91.5% + 3.0%

Percent of Properties Sold Over List Price* 28.6% 0.0% - 100.0% 10.0% 13.6% + 36.0%

Days on Market Until Sale 116 59 - 49.1% 98 95 - 3.1%

Inventory of Homes for Sale 56 47 - 16.1% -- -- --

Months Supply of Inventory 7.7 5.4 - 29.9% -- -- --

Local Market Update – August 2016

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

- 13.3% + 14.3% + 41.4%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 34 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 100%

- 50%

0%

+ 50%

+ 100%

+ 150%

+ 200%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

104

70

123

66

New Listings Closed Sales

Year to Date 2015 2016

- 5.7%+ 18.3%

15

7

13

8

New Listings Closed Sales

August 2015 2016

+ 14.3%- 13.3%

Page 47: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 49 48 - 2.0% 413 360 - 12.8%

Closed Sales 28 41 + 46.4% 270 260 - 3.7%

Median Sales Price* $57,500 $88,000 + 53.0% $64,000 $71,000 + 10.9%

Percent of Original List Price Received* 86.4% 92.2% + 6.7% 85.6% 88.1% + 2.9%

Percent of Properties Sold Over List Price* 3.7% 17.1% + 362.2% 8.6% 14.2% + 65.1%

Days on Market Until Sale 95 105 + 10.5% 127 110 - 13.4%

Inventory of Homes for Sale 301 203 - 32.6% -- -- --

Months Supply of Inventory 9.7 6.0 - 38.1% -- -- --

Local Market Update – August 2016

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- 2.0% + 46.4% + 53.0%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 56 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

413

270

360

260

New Listings Closed Sales

Year to Date 2015 2016

- 3.7%- 12.8%

49

28

4841

New Listings Closed Sales

August 2015 2016

+ 46.4%- 2.0%

Page 48: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 34 37 + 8.8% 257 239 - 7.0%

Closed Sales 26 31 + 19.2% 171 171 0.0%

Median Sales Price* $35,000 $47,900 + 36.9% $37,000 $48,100 + 30.0%

Percent of Original List Price Received* 88.0% 88.3% + 0.3% 84.0% 86.0% + 2.4%

Percent of Properties Sold Over List Price* 19.2% 9.7% - 49.5% 12.6% 8.9% - 29.4%

Days on Market Until Sale 121 116 - 4.1% 153 134 - 12.4%

Inventory of Homes for Sale 197 153 - 22.3% -- -- --

Months Supply of Inventory 9.7 7.6 - 21.6% -- -- --

Local Market Update – August 2016

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

+ 8.8% + 19.2% + 36.9%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 57 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

257

171

239

171

New Listings Closed Sales

Year to Date 2015 2016

0.0%- 7.0%

34

26

3731

New Listings Closed Sales

August 2015 2016

+ 19.2%+ 8.8%

Page 49: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 37 39 + 5.4% 297 277 - 6.7%

Closed Sales 17 29 + 70.6% 162 198 + 22.2%

Median Sales Price* $55,000 $59,900 + 8.9% $48,000 $60,000 + 25.0%

Percent of Original List Price Received* 87.4% 89.2% + 2.1% 84.6% 86.5% + 2.2%

Percent of Properties Sold Over List Price* 0.0% 0.0% -- 6.2% 7.6% + 22.6%

Days on Market Until Sale 156 135 - 13.5% 154 150 - 2.6%

Inventory of Homes for Sale 256 168 - 34.4% -- -- --

Months Supply of Inventory 13.8 6.7 - 51.4% -- -- --

Local Market Update – August 2016

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

+ 5.4% + 70.6% + 8.9%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 58 August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

297

162

277

198

New Listings Closed Sales

Year to Date 2015 2016

+ 22.2%- 6.7%

37

17

39

29

New Listings Closed Sales

August 2015 2016

+ 70.6%+ 5.4%

Page 50: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 23 23 0.0% 208 194 - 6.7%

Closed Sales 21 21 0.0% 147 143 - 2.7%

Median Sales Price* $134,000 $145,900 + 8.9% $134,900 $133,000 - 1.4%

Percent of Original List Price Received* 89.9% 94.4% + 5.0% 90.8% 91.3% + 0.6%

Percent of Properties Sold Over List Price* 19.0% 14.3% - 24.7% 15.0% 14.9% - 0.7%

Days on Market Until Sale 123 69 - 43.9% 101 103 + 2.0%

Inventory of Homes for Sale 117 75 - 35.9% -- -- --

Months Supply of Inventory 6.6 4.0 - 39.4% -- -- --

Local Market Update – August 2016

All MLS

Baker County

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Baker County0.0% 0.0% + 8.9%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

208

147

194

143

New Listings Closed Sales

Year to Date 2015 2016

- 2.7%- 6.7%

2321

2321

New Listings Closed Sales

August 2015 2016

0.0%0.0%

Page 51: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 418 442 + 5.7% 3,753 3,492 - 7.0%

Closed Sales 353 332 - 5.9% 2,652 2,525 - 4.8%

Median Sales Price* $163,110 $195,000 + 19.6% $160,000 $170,000 + 6.3%

Percent of Original List Price Received* 94.6% 96.2% + 1.7% 94.0% 95.0% + 1.1%

Percent of Properties Sold Over List Price* 15.9% 17.5% + 10.1% 16.9% 16.8% - 0.6%

Days on Market Until Sale 74 70 - 5.4% 86 78 - 9.3%

Inventory of Homes for Sale 1,432 1,200 - 16.2% -- -- --

Months Supply of Inventory 4.4 3.8 - 13.6% -- -- --

Local Market Update – August 2016

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+ 5.7% - 5.9% + 19.6%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

3,753

2,652

3,492

2,525

New Listings Closed Sales

Year to Date 2015 2016

- 4.8%- 7.0%

418353

442

332

New Listings Closed Sales

August 2015 2016

- 5.9%+ 5.7%

Page 52: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 1,801 1,750 - 2.8% 14,582 14,305 - 1.9%

Closed Sales 1,365 1,390 + 1.8% 10,349 10,632 + 2.7%

Median Sales Price* $150,000 $167,745 + 11.8% $149,000 $163,000 + 9.4%

Percent of Original List Price Received* 94.6% 95.9% + 1.4% 93.8% 95.2% + 1.5%

Percent of Properties Sold Over List Price* 19.5% 18.6% - 4.6% 17.8% 17.5% - 1.7%

Days on Market Until Sale 69 65 - 5.8% 78 69 - 11.5%

Inventory of Homes for Sale 5,474 4,440 - 18.9% -- -- --

Months Supply of Inventory 4.3 3.4 - 20.9% -- -- --

Local Market Update – August 2016

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- 2.8% + 1.8% + 11.8%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

14,582

10,349

14,305

10,632

New Listings Closed Sales

Year to Date 2015 2016

+ 2.7%- 1.9%

1,801

1,365

1,750

1,390

New Listings Closed Sales

August 2015 2016

+ 1.8%- 2.8%

Page 53: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 119 119 0.0% 1,054 963 - 8.6%

Closed Sales 78 107 + 37.2% 600 767 + 27.8%

Median Sales Price* $187,133 $203,400 + 8.7% $199,000 $203,000 + 2.0%

Percent of Original List Price Received* 93.9% 96.2% + 2.4% 94.2% 94.9% + 0.7%

Percent of Properties Sold Over List Price* 19.2% 30.8% + 60.4% 20.3% 23.8% + 17.2%

Days on Market Until Sale 92 85 - 7.6% 93 92 - 1.1%

Inventory of Homes for Sale 487 391 - 19.7% -- -- --

Months Supply of Inventory 6.1 4.2 - 31.1% -- -- --

Local Market Update – August 2016

All MLS

Nassau County

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Nassau County0.0% + 37.2% + 8.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

1,054

600

963767

New Listings Closed Sales

Year to Date 2015 2016

+ 27.8%- 8.6%

119

78

119107

New Listings Closed Sales

August 2015 2016

+ 37.2%0.0%

Page 54: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 119 125 + 5.0% 969 877 - 9.5%

Closed Sales 71 102 + 43.7% 600 631 + 5.2%

Median Sales Price* $48,600 $67,750 + 39.4% $52,500 $61,000 + 16.2%

Percent of Original List Price Received* 87.4% 90.1% + 3.1% 85.0% 87.1% + 2.5%

Percent of Properties Sold Over List Price* 8.6% 9.8% + 14.0% 8.9% 10.7% + 20.2%

Days on Market Until Sale 117 119 + 1.7% 141 129 - 8.5%

Inventory of Homes for Sale 758 526 - 30.6% -- -- --

Months Supply of Inventory 10.9 6.6 - 39.4% -- -- --

Local Market Update – August 2016

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+ 5.0% + 43.7% + 39.4%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

969

600

877

631

New Listings Closed Sales

Year to Date 2015 2016

+ 5.2%- 9.5%

119

71

125

102

New Listings Closed Sales

August 2015 2016

+ 43.7%+ 5.0%

Page 55: Monthly Indicators - NEFAR.com · Monthly Indicators A RESEARCH TOOL ... August 2016 Quick Facts wisdom indicates that year-over-year declines are going to be present for the Market

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2015 2016 + / – 2015 2016 + / –

New Listings 602 698 + 15.9% 5,238 5,958 + 13.7%

Closed Sales 489 527 + 7.8% 3,572 3,985 + 11.6%

Median Sales Price* $289,845 $294,340 + 1.6% $284,250 $295,000 + 3.8%

Percent of Original List Price Received* 95.5% 95.7% + 0.2% 95.3% 95.8% + 0.5%

Percent of Properties Sold Over List Price* 12.9% 11.6% - 10.1% 12.4% 13.6% + 9.7%

Days on Market Until Sale 79 81 + 2.5% 89 83 - 6.7%

Inventory of Homes for Sale 2,235 2,326 + 4.1% -- -- --

Months Supply of Inventory 5.1 4.9 - 3.9% -- -- --

Local Market Update – August 2016

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+ 15.9% + 7.8% + 1.6%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

August 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 September 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

5,238

3,572

5,958

3,985

New Listings Closed Sales

Year to Date 2015 2016

+ 11.6%+ 13.7%

602489

698

527

New Listings Closed Sales

August 2015 2016

+ 7.8%+ 15.9%