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

Green Cove Springs

- 5.3%

- 35.1%

+ 24.0%

Change in New Listings

Change in Closed Sales

Change in Median Sales Price

Region 16

September

New Listings Closed Sales

Year to Date

2020

2021

+/–

2020

2021

+/–

95

90

- 5.3%

753

742

- 1.5%

97

63

- 35.1%

629

615

- 2.2%

$244,000

$302,500

+ 24.0%

$229,945

$286,000

+ 24.4%

Percent of Original List Price Received*

98.1%

100.5%

+ 2.4%

97.8%

99.5%

+ 1.7%

Percent of Properties Sold Over List Price*

11.3%

44.4%

+ 292.9%

12.4%

33.8%

+ 172.6%

Days on Market Until Sale

71

24

- 66.2%

68

35

- 48.5%

Inventory of Homes for Sale

129

96

- 25.6%

--

--

--

Months Supply of Inventory

1.8

1.3

- 27.8%

--

--

--

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

753 95

2021

742

97

90

2020

629

615

63

- 5.3% New Listings

- 2.2% Closed Sales

- 1.5% New Listings

- 35.1% Closed Sales

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

All MLS

b

Green Cove Springs

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.