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

Middleburg Vicinity

- 10.3%

- 18.4%

+ 25.0%

Change in New Listings

Change in Closed Sales

Change in Median Sales Price

Region 14

September

Year to Date

2020

2021

+/–

2020

2021

New Listings

116

104

- 10.3%

1,010

1,068

+ 5.7%

Closed Sales

125

102

- 18.4%

822

932

+ 13.4%

Median Sales Price*

+/–

$231,990

$290,000

+ 25.0%

$225,000

$260,000

+ 15.6%

Percent of Original List Price Received*

98.2%

98.8%

+ 0.6%

97.1%

99.9%

+ 2.9%

Percent of Properties Sold Over List Price*

20.0%

38.2%

+ 91.0%

18.5%

44.6%

+ 141.1%

Days on Market Until Sale

59

25

- 57.6%

64

34

- 46.9%

Inventory of Homes for Sale

205

129

- 37.1%

--

--

--

Months Supply of Inventory

2.2

1.2

- 45.5%

--

--

--

* 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

125

116

104

- 10.3% New Listings

1,068

1,010

102

2020

932

822

+ 13.4% Closed Sales

+ 5.7% New Listings

- 18.4% Closed Sales

2021

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

All MLS

b

Middleburg Vicinity

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.