MARKET UPDATE Northeast Florida
July 2025
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MARKET UPDATE Northeast Florida
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WHAT THE SAY: Experts
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As summer settles in, Northeast Florida’s housing market is showing typical seasonal shifts. Buyer activity has slowed, with fewer new contracts being signed, while sellers are approaching the market with more realistic expectations. In June, homes remained on the market longer and active inventory continued to rise, giving buyers more options and added leverage. Although conditions vary by county, the overall trend points to a calmer, more balanced market. “While it is a balanced market, the seemingly seismic shift from the seller’s market during COVID has consumers realizing that conditions are considerably more favorable for buyers these days,” says NEFAR President Mario Gonzalez.
MARKET UPDATE Northeast Florida
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Data for the Greater Jacksonville area (Clay, Duval, Nassau and St. John’s counties). All reports represent Realtor-brokered activity of single-family residential and condo sales combined. All data is up-to-date at time of distribution and provided by the Northeast Florida Multiple Listing Service.