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

Orange Park

+ 19.1%

+ 25.4%

+ 20.1%

Change in New Listings

Change in Closed Sales

Change in Median Sales Price

Region 13

September

Year to Date

2020

2021

+/–

2020

2021

+/–

New Listings

136

162

+ 19.1%

1,307

1,592

+ 21.8%

Closed Sales

130

163

+ 25.4%

1,159

1,363

+ 17.6%

Median Sales Price*

$232,000

$278,600

+ 20.1%

$230,000

$265,000

+ 15.2%

Percent of Original List Price Received*

98.9%

100.1%

+ 1.2%

97.8%

100.5%

+ 2.8%

Percent of Properties Sold Over List Price*

20.9%

45.4%

+ 117.2%

20.1%

46.2%

+ 129.9%

Days on Market Until Sale

47

31

- 34.0%

60

27

- 55.0%

Inventory of Homes for Sale

204

146

- 28.4%

--

--

--

Months Supply of Inventory

1.6

0.9

- 43.8%

--

--

--

* 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

163

162 136

1,592 1,307

130

+ 19.1% New Listings

2020

1,363

1,159

+ 17.6% Closed Sales

+ 21.8% New Listings

+ 25.4% Closed Sales

2021

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

All MLS

b

Orange Park

a

+ 25% + 20% + 15% + 10% + 5% 0% - 5% - 10% - 15% - 20% 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.