Northeast Florida September Housing Statistics

By
Real Estate Agent with Berkshire Hathaway Home Services Florida Network Realty BK 3030920

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Robust Northeast Florida Housing Sales Trend Continued in September
September marks seventh consecutive month with 2,200+ housing sales in Northeast Florida.      

 

JACKSONVILLE, Fla. – September 2015 housing sales reports are now posted by the Northeast Florida Association of Realtors on NEFAR.com.Except where otherwise indicated, statistics reflect combined results for single-family residential and condominium properties.

 

For the seventh consecutive month, housing sales by Realtor members of the Northeast Florida Association of Realtors topped 2,200; coming in at 2,293 for September. This robust activity was 12.7 percent more closed sales than in September 2014.

 

Pending sales for the month hit 2,234, a 15.2 jump from pending sales a year ago.

 

Homes sold quickly in September, with 76 days being the average days on market. Days on market during September 2014 was 83 days.

 

Median sales price for the month was $173,000; a 5.5 percent increase from a year ago.

 

A less than optimal inventory of homes for sale is another months-long trend, dropping 14 percent from a year ago to close out September with only 9,657 in the hopper. This equates to 4.3 months on hand; a significant 25.9 percent drop from September 2014. A balanced market is considered to be five- to six-months’ worth.

 

NEFAR President Sally Suslak said, “Consumers should understand the reality that Northeast Florida’s real estate market is vibrant and healthy. Sales of more than 2,200 per month for seven straight months are a clear indicator that tells the story.”

    

For these and numerous other real estate market statistics, take advantage of the FREE market reports available on NEFAR.com (Market Stats icon). Three categories of reports are available: 1) The Monthly Indicators and Housing Supply Overview Report summarizes complete activity for NEFAR’s entire service area plus *partial information for St. Johns County and Nassau County. 2) Lender-Mediated sales reports offer a targeted look specifically at lender-mediated sales and how they compare to traditional sales. 3) Annual Reports – 2011, 2012, 2013 and 2014 are available - give an extensive year in review, with comparisons from the four preceding years included.

 

Posted by

Carol Zingone is a full service Broker Associate proudly affiliated with Berkshire Hathaway HomeServices Florida Network Realty in Atlantic Beach, FL.  I help buyers and sellers locally, regionally, and internationally.  With hundreds of happy buyers and sellers over the course of my career, I'm thrilled to help first time buyers, military buyers, seniors, investors, 1031 exchange properties, short sales and REO's.  I have spent hours honing my expertise, including the designations of: Graduate Realtor Institute (GRI), Loss Mitigation Certification (LMC) , Short Sales, Foreclosures, REO's, (SFR), and Senior Real Estate Specialist (SRES).  I pride myself on providing excellent expertise to all buyers and sellers. Search the MLS via www.carolzingone.com  for Jacksonville and area listings!

 

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Topic:
Home Buying
Location:
Florida Duval County Jacksonville
Groups:
Market Updates
Local Expert
Local Real Estate Market Reports
Market Reports
2015 Market Reports
Tags:
homes for sale
jacksonville
inventory
atlantic beach
ponte vedra beach
jacksonville beach
neptune beach

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Rainmaker
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Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Very nice market update Carol Zingone ....I love the beach photo!

Hope you are having a great week in FL!

Oct 19, 2015 07:03 AM #1
Rainmaker
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Carol - Thanks for the detailed great housing stats for Northeast Florida.

Oct 19, 2015 09:16 AM #2
Rainer
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Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Carol.  Florida is coming back.  Prices up and inventory down.

Oct 19, 2015 10:36 PM #3
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Mimi Foster
Falcon Property Solutions - Colorado Springs, CO
Voted Colorado Springs Best Realtor

Good morning, Carol. Just stopping by to say 'hello' from the Rain and see how you're doing. Hope life is treating you well, and that you are prospering.

May 28, 2016 11:34 PM #4
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Carol Zingone

Global Realtor in Jax Beach, FL - ABR, CRS, CIPS
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