Page 27

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

West Jacksonville

+ 19.5%

- 12.6%

+ 27.4%

Change in New Listings

Change in Closed Sales

Change in Median Sales Price

Region 06

September

New Listings Closed Sales

Year to Date

2020

2021

+/–

2020

2021

+/–

185

221

+ 19.5%

1,740

1,948

+ 12.0%

183

160

- 12.6%

1,524

1,776

+ 16.5%

$200,990

$256,000

+ 27.4%

$200,000

$239,245

+ 19.6%

Percent of Original List Price Received*

98.9%

100.8%

+ 1.9%

97.6%

100.2%

+ 2.7%

Percent of Properties Sold Over List Price*

23.0%

47.5%

+ 106.5%

18.9%

35.6%

+ 88.4%

Days on Market Until Sale

51

21

- 58.8%

57

31

- 45.6%

Inventory of Homes for Sale

299

194

- 35.1%

--

--

--

Months Supply of Inventory

1.7

1.0

- 41.2%

--

--

--

Median Sales Price*

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

September

2020

Year to Date

2021

221 185

183

+ 19.5% New Listings

1,948

1,740

160

2020

1,776

1,524

+ 16.5% Closed Sales

+ 12.0% New Listings

- 12.6% Closed Sales

2021

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

All MLS

b

West Jacksonville

a

+ 30%

+ 20%

+ 10%

0%

- 10%

- 20%

- 30% 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.