Page 26

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

Arlington / Fort Caroline

+ 5.2%

+ 10.3%

+ 23.8%

Change in New Listings

Change in Closed Sales

Change in Median Sales Price

Region 04

September

New Listings Closed Sales

Year to Date

2020

2021

+/–

2020

2021

+/–

194

204

+ 5.2%

1,771

2,162

+ 22.1%

174

192

+ 10.3%

1,482

1,785

+ 20.4%

$226,250

$280,000

+ 23.8%

$219,900

$260,000

+ 18.2%

Percent of Original List Price Received*

98.0%

99.6%

+ 1.6%

97.3%

99.9%

+ 2.7%

Percent of Properties Sold Over List Price*

19.5%

38.5%

+ 97.4%

21.1%

42.9%

+ 103.3%

Days on Market Until Sale

43

27

- 37.2%

45

29

- 35.6%

Inventory of Homes for Sale

263

290

+ 10.3%

--

--

--

Months Supply of Inventory

1.6

1.5

- 6.3%

--

--

--

Median Sales Price*

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

September

2020

204

194

174

+ 5.2% New Listings

Year to Date

2021

2020

2021

2,162

192

1,771

+ 20.4% Closed Sales

+ 22.1% New Listings

+ 10.3% Closed Sales

1,785

1,482

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

All MLS

b

Arlington / Fort Caroline

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.