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

Neptune Beach

+ 200.0%

- 18.2%

- 15.2%

Change in New Listings

Change in Closed Sales

Change in Median Sales Price

Region 22

September 2020

2021

+/–

2020

2021

+/–

5

15

+ 200.0%

114

126

+ 10.5%

11

9

- 18.2%

98

104

+ 6.1%

$625,000

$530,000

- 15.2%

$468,500

$570,000

+ 21.7%

New Listings Closed Sales Median Sales Price*

Year to Date

Percent of Original List Price Received*

95.2%

97.2%

+ 2.1%

95.8%

98.6%

+ 2.9%

Percent of Properties Sold Over List Price*

9.1%

22.2%

+ 144.0%

7.1%

31.7%

+ 346.5%

50

26

- 48.0%

58

42

- 27.6%

Days on Market Until Sale Inventory of Homes for Sale

19

20

+ 5.3%

--

--

--

Months Supply of Inventory

1.7

1.8

+ 5.9%

--

--

--

* 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

15 11

2020

2021

126

114

104

98

9

5

+ 200.0% New Listings

+ 6.1% Closed Sales

+ 10.5% New Listings

- 18.2% Closed Sales

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

All MLS

b

Neptune Beach

a

+ 120% + 100% + 80% + 60% + 40% + 20% 0% - 20% - 40% - 60% 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.