Jacksonville, Florida Real Estate Market Update June 2025:
Jacksonville, FL inventory reaches record highs as sellers now compete for the limited buyer pool and prices fall.
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Sales prices have been weakening since 2022.
Year to date home sale prices have been lower than the previous year for the last 4 months, after a falsely optimistic January.
Listings languishing on market are at a 5 year high.
The inventory shortage is officially over as listings continue to accrue and sales lag far behind.
Foreclosures and short sales continue to increase.
After being mostly gone from market since the pandemic, foreclosure inventory, including REOs, short sales and pre-foreclosures are back and growing at a quick pace.
What does it mean for your Jacksonville home sale?
If you need to sell your home now, you have lots of competition! That means you'll need to take some time to prep your home to show at its best, and price aggressively! If you need to sell, but find that you no longer have the equity to do so, you can still sell with a short sale!
Need help with your Jacksonville home sale?
We're the experts! Get a free consultation today!
Last Updated on June 3, 2025 by Minna Reid