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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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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Northeast Florida’s booming real estate market continued in October with 3,203 homes being sold; a 24.8% increase over the number sold in October 2019. October’s sales quantity also marked the fifth consecutive month where sales topped 3,000.

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 As September technically ushered in fall, Northeast Florida’s residential real estate market remained a hot spot, with 3,102 homes being sold.

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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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While COVID-19 continued to be the hot topic of discussion, Northeast Florida’s real estate market sizzled as well as demonstrated by the Northeast Florida Association of Realtors’ June 2020 real estate market reports.

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As COVID-19 continued to drastically alter and disrupt business in May, Northeast Florida real estate was no exception.

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April 2020 real estate market reports for Northeast Florida are now on NEFAR.com (Market Stats tab). Except where otherwise indicated, statistics reflect combined results for single-family residential and condominium properties.

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