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

How’s The Market – Sept Re-Cap

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

– 1,835 properties closed during the month down 24.8% over the same period in 2016

– Year to date sales are down 0.5% over the same period in 2016

– Average sales price increased to $247,291 up 5.6% over the same period in 2016

– 2,271 new listings were added during the month, down 20.9% over the same period in 2016

– 3.4 months of inventory now on hand, down 22.7% 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 66 days, down 9.6% 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/33/1002_33.pdf

* Source: Northeast Florida Association of Realtors