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Housing prices become less affordable as the cost of homes stabilizes in region

November 15th, 2022 · Comments Off on Housing prices become less affordable as the cost of homes stabilizes in region

As can be expected in a marketplace marked by low inventory, inflation, and climbing interest rates, prices in Northeast Florida’s housing market remained high as they continued to stabilize at the beginning of the holiday season.  And while closed sales …

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Moderation in the housing market shows a shift toward affordability

September 13th, 2022 · Comments Off on Moderation in the housing market shows a shift toward affordability

In most areas of Northeast Florida, the August housing market reflected a slight drop in median prices while the number of days homes sat on the market has gradually continued to climb.

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Inventory shortages, high prices plague home buyers as year comes to close

December 9th, 2021 · Leave a Comment

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

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As prices rise, Northeast Florida becomes increasingly less affordable

October 18th, 2021 · Leave a Comment

Homes in Northeast Florida are becoming less and less affordable.

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Hot Northeast Florida housing market shows no sign of cooling

June 14th, 2021 · Leave a Comment

Robust buyer demand fueled by low interest rates, historically low residential inventory, and the continued desire of out-of-staters to move to the Sunshine State, has caused Northeast Florida’s housing prices to surge.

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Home Sales in 2020 Break All Prior Records

January 18th, 2021 · Leave a Comment

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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September Northeast Florida Real Estate: Months’ Supply of Inventory Down 44.4% From A Year Ago

October 14th, 2020 · Leave a Comment

 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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August Northeast Florida real estate: Third consecutive month sales top 3,000

September 14th, 2020 · Leave a Comment

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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April real estate market includes prices spikes and fewer sales

May 12th, 2020 · Leave a Comment

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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NEFAR March Real Estate Overview: Prices and Sales Still Strong Despite COVID-19

April 14th, 2020 · Leave a Comment

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

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