New listings increase in March. 2,389 homes are sold in an average of 70 days for a median price of $224,118.

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Median sales price is $215,005 and average price is $256,725. 1,778 homes changed hands during the month, in an average of just 73 days to close.

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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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The 2017 Realtor Builder Tradeshow will be held on Friday, Oct. 13, at the UNF University Center.

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

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Month finishes strong with 2,502 sales for a median price of $195,000 and average price of $242,979. Large influx of new listings needed to support demand.

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