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Local Market Update – September 2021 A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

Southside / Mandarin / Bartram

- 4.1%

- 9.8%

+ 31.4%

Change in New Listings

Change in Closed Sales

Change in Median Sales Price

Region 01

September

New Listings Closed Sales

Year to Date

2020

2021

+/–

2020

2021

+/–

290

278

- 4.1%

2,641

2,790

+ 5.6%

285

257

- 9.8%

2,076

2,464

+ 18.7%

$255,000

$335,000

+ 31.4%

$255,000

$302,000

+ 18.4%

Percent of Original List Price Received*

97.3%

98.9%

+ 1.6%

96.8%

99.7%

+ 3.0%

Percent of Properties Sold Over List Price*

18.6%

37.0%

+ 98.9%

16.9%

42.0%

+ 148.5%

Days on Market Until Sale

45

36

- 20.0%

56

37

- 33.9%

Inventory of Homes for Sale

560

365

- 34.8%

--

--

--

Months Supply of Inventory

2.4

1.3

- 45.8%

--

--

--

Median Sales Price*

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

September 290

2020

285

278

- 4.1% New Listings

Year to Date

2021

2020

2,790

2,641 257

2,464

2,076

+ 18.7% Closed Sales

+ 5.6% New Listings

- 9.8% Closed Sales

2021

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLS

b

Southside / Mandarin / Bartram

a

+ 25% + 20% + 15% + 10% + 5% 0% - 5% - 10% - 15% - 20% - 25% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

1-2021

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Current as of October 8, 2021. All data from Northeast Florida Multiple Listing Service. | Report © 2021 ShowingTime.