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

Fleming Island Area

+ 13.7%

- 16.2%

+ 25.0%

Change in New Listings

Change in Closed Sales

Change in Median Sales Price

Region 12

September

New Listings Closed Sales

Year to Date

2020

2021

+/–

2020

2021

+/–

51

58

+ 13.7%

602

623

+ 3.5%

68

57

- 16.2%

516

564

+ 9.3%

$320,000

$400,000

+ 25.0%

$299,200

$373,750

+ 24.9%

Percent of Original List Price Received*

97.6%

99.5%

+ 1.9%

97.3%

100.2%

+ 3.0%

Percent of Properties Sold Over List Price*

16.2%

38.6%

+ 138.3%

16.5%

42.4%

+ 157.0%

Days on Market Until Sale

52

30

- 42.3%

52

28

- 46.2%

Inventory of Homes for Sale

102

61

- 40.2%

--

--

--

Months Supply of Inventory

1.8

1.0

- 44.4%

--

--

--

Median Sales Price*

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

September

2020

2020

623

602

68

58

51

Year to Date

2021

+ 13.7% New Listings

+ 9.3% Closed Sales

+ 3.5% New Listings

- 16.2% Closed Sales

564

516

57

2021

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

All MLS

b

Fleming Island Area

a

+ 40% + 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.