Homeowners in the Beaches (Neptune Beach, Atlantic Beach and Jacksonville Beach) enjoy another year of record home price growth!
Home sale prices climbed another 11% in 2020 to a new record average of $532,406! Prices have been climbing quickly in recent years, with total growth of 33% in just the past 5 years!
The inventory squeeze continues with less than 3 months of inventory for over 7 months in a row! 6 months of inventory is considered a balanced market, so this is truly a sellers market!
What will happen to the Jacksonville Beaches real estate market in 2021? Its hard to say how long the current sellers market can continue, but what goes up must eventually come down....
If you're looking for the right time to sell - THIS IS IT!
Last Updated on February 1, 2021 by Minna Reid