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

Jacksonville Beach

- 27.9%

- 13.5%

+ 22.2%

Change in New Listings

Change in Closed Sales

Change in Median Sales Price

Region 21

September

Year to Date

2020

2021

+/–

2020

2021

+/–

New Listings

68

49

- 27.9%

648

583

- 10.0%

Closed Sales

52

45

- 13.5%

505

523

+ 3.6%

Median Sales Price*

$450,000

$550,000

+ 22.2%

$440,000

$524,000

+ 19.1%

Percent of Original List Price Received*

98.7%

96.7%

- 2.0%

96.2%

99.2%

+ 3.1%

Percent of Properties Sold Over List Price*

13.5%

28.9%

+ 114.1%

9.1%

31.9%

+ 250.5%

Days on Market Until Sale

62

51

- 17.7%

71

37

- 47.9%

Inventory of Homes for Sale

140

89

- 36.4%

--

--

--

Months Supply of Inventory

2.5

1.5

- 40.0%

--

--

--

* 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

648

68 52

49

- 27.9% New Listings

2020

583

2021

523

505

45

+ 3.6% Closed Sales

- 10.0% New Listings

- 13.5% Closed Sales

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

All MLS

b

Jacksonville Beach

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.