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

North Beach / Mayport

+ 63.6%

0.0%

+ 30.5%

Change in New Listings

Change in Closed Sales

Change in Median Sales Price

Region 24

September

New Listings Closed Sales

Year to Date

2020

2021

+/–

2020

2021

+/–

11

18

+ 63.6%

118

124

+ 5.1%

9

9

0.0%

104

102

- 1.9%

$220,000

$287,000

+ 30.5%

$234,250

$246,810

+ 5.4%

Percent of Original List Price Received*

98.9%

94.7%

- 4.2%

98.5%

99.4%

+ 0.9%

Percent of Properties Sold Over List Price*

33.3%

11.1%

- 66.7%

29.8%

33.3%

+ 11.7%

31

22

- 29.0%

37

26

- 29.7%

Median Sales Price*

Days on Market Until Sale Inventory of Homes for Sale

11

19

+ 72.7%

--

--

--

Months Supply of Inventory

1.0

1.8

+ 80.0%

--

--

--

* 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

18

9

+ 63.6% New Listings

2021

124

118

11

2020

104

102

9

- 1.9% Closed Sales

+ 5.1% New Listings

0.0% Closed Sales

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

All MLS

b

North Beach / Mayport

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.