Nationwide, the 2021 housing market was one for the history books, and the same was true for Northeast Florida.

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Rising prices and lagging affordability continued to plague First Coast home buyers as the year 2021 heads toward its end.

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Housing prices are rising. Buyer demand is strong, and with a limited supply of homes on the market, Northeast Florida’s sizzling sellers’ market shows no sign of easing through spring and on into summer.

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Buyers on the First Coast continued to face fierce competition due to a record-low inventory of single-family residential housing and condominiums, which forced many into bidding wars in March.

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The Northeast Florida housing continues to be a red-hot sellers’ market as inventory of single-family residential and condominium properties continued to hover at record lows in February, while closed sales, the median sales price, and average sales price in Northeast …

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January 2021 housing market reports for Northeast Florida are available in the Market Stats section of NEFAR.com. Except where otherwise indicated, statistics reflect combined results for single-family residential and condominium properties.

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Despite the pandemic, 2020 was record-breaking year for home sales in Northeast Florida. The number of 2020 sales is an 8.2% increase over 2019 sales.

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The 2,680 homes sold in Northeast Florida was a 13% uptick over November 2019, but a decrease from each of the previous five months, where sales exceeded 3,000, in the latest market report from the Northeast Florida Association of Realtors.…

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With closed sales for the month coming in at 3,059, August marks the third consecutive month in which sales in Northeast Florida topped 3,000 (3,197 in June and 3,661 in July). The August number is up slightly (1.3%) from 3,021 …

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Following a June market that saw substantial spikes in both number of sales and sales prices, July’s real estate market turned up the heat even more. There were 3,514 sales, a 15.8% increase from a year ago and higher than …

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