Jacksonville FL Market starts to soften…

November

7

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Jacksonville FL Market Report

It's been a crazy market and sellers have enjoyed some record breaking years, but the party is over!

Jacksonville FL Home Sale Prices

Jacksonville FL home sale prices are down!

After peaking in May at $352,000, average home sale prices have been slipping ever since and are currently at $345,000.

Jacksonville marketing time

Jacksonville FL Inventory and home marketing time is up!

March 2022 was the lowest inventory point for the city with just a single month of inventory. Inventory has continued to grow and while still a sellers market at a 3 month supply, the market is starting to balance out. Home marketing time is also up to 42 days from the years low point in May at 25 days. 

What does it all mean?

The market is changing fast! Need to sell or buy but need help navigating the Jacksonville market? We can help!

Last Updated on November 7, 2022 by Minna Reid

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