MARKET UPDATE Northeast Florida August 2025
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MARKET UPDATE Northeast Florida
1,984 2,870
WHAT THE SAY: Experts
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In July, the Northeast Florida housing market showed signs of cooling, with buyer activity slowing and sales moving at a more deliberate pace. Sellers entered the market with balanced expectations, while a steady increase in available homes provided buyers with more options and greater negotiating power. Homes remained on the market longer than earlier in the year, reflecting a shift toward a calmer, more balanced environment across much of the region. According to NEFAR President Mario Gonzalez, “Buyers who were unsuccessful in purchasing a home during the strong seller’s market of the COVID years have been begging for a market shift toward these exact conditions.”
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.