Jacksonville | Intracoastal West | Ponte Vedra & Beaches Real Estate
Phyllis Staines, Realtor
(904) 476 - 7653(904) 476 - 7653

How’s the #Jax Market – Dec Re-Cap

Here’s the Northeast Florida Association of Realtors (NEFAR) Dec 2017 Real Estate Market re-cap: *

– 2,419 properties closed during the month up 4.8% over the same period in 2016

– Year to date sales are up 2.5% over the same period in 2016

– Average sales price increased to $261,947 up 12.4% over the same period in 2016

– 2,093 new listings were added during the month, up 1% over the same period in 2016

– 2.9 months of inventory now on hand, down 23.7% over the same period in 2016 which is well below the five to six months that is considered a balanced market

– Days on market (DOM) averaged 71 days, down 9% from the same period in 2016

To see the full detail of our analysis, please click here for the NEFAR Monthend Market report: https://www.nefar.com/filebin/pdbdb/33/1011_33.pdf

* Source: Northeast Florida Association of Realtors