Although sellers remained firmly in the driver’s seat as the first quarter of 2022 came to an end in March, several factors point toward a more moderate and stabilizing real estate market in Northeast Florida.

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As the price of gas, groceries, and other necessities continued to climb in the month of February, so has the price of homes in Northeast Florida.

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Although sellers are still firmly in the driver’s seat, the housing market in Northeast Florida has begun to show “signs of moderation” at the start of the new year.

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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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Although the bidding wars that drove up housing prices in Northeast Florida this summer have cooled somewhat, the region’s hot residential market shows no signs of diminishing, even as temperatures outside becoming colder.

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Homes in Northeast Florida are becoming less and less affordable.

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High sales prices and an inadequate supply of available housing continued to characterize Northeast Florida’s booming housing market as summer came to an end. Although new listings increased slightly in August from a year ago, prices continued at historically high …

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Many would-be buyers are being priced out of the market as sales prices in Northeast Florida continue to climb.

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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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