Inventory of available homes extremely scarce, while sales prices have increased in Northeast Florida.

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October real estate market results are now posted by the Northeast Florida Association of Realtors on NEFAR.com. Except where otherwise indicated, statistics reflect combined results for single-family residential (which includes townhomes) and condominium properties. After a sluggish September, thanks to Hurricane Irma, the real estate market was on the upswing again in October. There were 2,181 homes that changed hands; 5.8 percent more than the same month last year. Another 2,387 pending sales were waiting in the wings.

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Arriving with heavy rain and wind, Hurricane Irma can also be credited with knocking some of the wind out of Northeast Florida’s September real estate sales.

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August real estate market results are now posted by the Northeast Florida Association of Realtors on NEFAR.com (Market Stats tab).

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Number of sales lower than June while median sales price is higher, reaching $217,000. Well below average inventory still a key factor in housing market.

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June real estate market results are now posted by the Northeast Florida Association of Realtors on NEFAR.com.

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Median sales price is $210,000 and homes selling in an average of 73 days.

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Low inventory continues to be a long-running, key factor in Northeast Florida’s housing market.

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