monthly indicators - nefar.com · 2019. 10. 14. · pending sales a count of the properties on...

Monthly Indicators A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS

September 2019 Quick Facts

Market Overview 2

New Listings 3

Pending Sales 4

Closed Sales 5

Days On Market Until Sale 6

Median Sales Price 7

Average Sales Price 8

9

10

Housing Affordability Index 11

Inventory of Homes for Sale 12

Months Supply of Inventory 13

Housing Supply Overview Report 14

Current as of October 8, 2019. All data from Northeast Florida Multiple Listing Service. Report © 2019 ShowingTime. | 1

Required Reprint / Use and Source Credit: NEFAR is happy to share our market statistical report data; prior permission is not required. Source credit is required, however, for all uses (including use by NEFAR members) whether the use is written, digital, broadcast, spoken, social media or other. Use of NEFAR data must be accompanied by the following attribution – Source: Northeast Florida Association of Realtors .

+ 8.3%Change in

Median Sales Price

With the kids back in school and the weather cooling, the housing market begins its annual cooldown as well. Nationally, buyer and seller activity remained strong, buoyed by low mortgage rates and a strong economy. The market fundamentals suggest no significant changes from recent trends, other than the seasonally tempered pace we see this time of year. As we move into the final three months of 2019, buyers will find fewer homes coming on the market, but also less competition for those homes.

New Listings in the Northeast Florida region decreased 7.0 percent to 2,963. Pending Sales were up 1.8 percent to 2,396. Inventory levels fell 11.9 percent to 8,920 units.

Prices continued to gain traction. The Median Sales Price increased 8.3 percent to $235,000. Days on Market was up 3.1 percent to 67 days. Sellers were encouraged as Months Supply of Inventory was down 15.0 percent to 3.4 months.

In Washington there are discussions around a broad overhaul of the housing finance system, including the re-privatization of Fannie Mae and Freddie Mac and reforms to federal agencies involved with financing substantial portions of the mortgages made every year. Many of these policy conversations and eventual changes will take months or years to be implemented and their impact is not yet clear. While Halloween decorations are beginning to adorn homes around the country, the real estate market this fall is looking far from scary.

- 11.9%Change inInventory

+ 7.0%Change in

Closed Sales

Area breakouts of 33 submarkets begin after page 21.

Percent of Original List Price Received

Percent of Properties Sold Over List Price

All data represents Realtor-brokered activity of single-family residential, condo and townhome sales combined. As all Nassau and St. Johns County Realtors are not members of the Northeast Florida Multiple Listing Service – a wholly owned subsidiary of the Northeast Florida Association of Realtors – reports do not represent the full extent of Realtor sales in those counties.

Market OverviewKey market metrics for the current month and year-to-date.

Key Metrics Historical Sparklines 9-2018 9-2019 +/- YTD 2018 YTD 2019 +/-


4.0

137 - 0.7%

- 11.9%

- 15.0%

8,920

3.4

135

--

-- --

--

--Months Supplyof Homes for Sale

Inventory of Homes for Sale

- 0.2%

2,353 2,396 + 1.8% 23,811 25,247 + 6.0%

32,3593,185 2,963 - 7.0% 32,427

2,336 2,500 + 7.0% 23,001

New Listings

Pending Sales

Closed Sales

Housing Affordability Index

Days on Market Until Sale

Median Sales Price

Average Sales Price

Percent of OriginalList Price Received

Percent of PropertiesSold Over List Price

+ 3.0%

--

$266,737 $275,668 + 3.3%

- 0.1%95.8% 95.7%

138

10,123

65 67

139

$216,990 $235,000

$272,154 + 5.9%

95.6% 95.5%

$256,916

13.5% 12.7%

+ 8.3% $223,000

- 5.9% 14.3% 13.9% - 2.8%

24,211 + 5.3%

$232,000

+ 3.1% 64 67 + 4.7%

+ 4.0%

- 0.1%

9-2016 9-2017 9-2018 9-2019

9-2016 9-2017 9-2018 9-2019

9-2016 9-2017 9-2018 9-2019

9-2016 9-2017 9-2018 9-2019

9-2016 9-2017 9-2018 9-2019

9-2016 9-2017 9-2018 9-2019

9-2016 9-2017 9-2018 9-2019

9-2016 9-2017 9-2018 9-2019

9-2016 9-2017 9-2018 9-2019

9-2016 9-2017 9-2018 9-2019

9-2016 9-2017 9-2018 9-2019

New Listings A count of the properties that have been newly listed on the market in a given month.

MonthPrior Year

Current Year

+ / –

October 2018 3,007 3,440 +14.4%

November 2018 2,598 2,934 +12.9%

December 2018 2,100 2,068 -1.5%

January 2019 2,964 3,313 +11.8%

February 2019 3,226 3,390 +5.1%

March 2019 3,881 3,966 +2.2%

April 2019 3,842 3,992 +3.9%

May 2019 3,818 4,028 +5.5%

June 2019 3,901 3,530 -9.5%

July 2019 3,837 3,636 -5.2%

August 2019 3,773 3,541 -6.1%

September 2019 3,185 2,963 -7.0%

12-Month Avg 3,344 3,400 +1.7%


2,287

3,1852,963

2017 2018 2019

September

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

Historical New Listing Activity

29,20332,427 32,359

2017 2018 2019

Year To Date

-0.2%+39.3% -7.0% +11.0%

Pending Sales A count of the properties on which contracts have been written in a given month.

MonthPrior Year

Current Year

+ / –

October 2018 2,347 2,496 +6.3%

November 2018 2,178 2,137 -1.9%

December 2018 1,957 1,870 -4.4%

January 2019 2,069 2,225 +7.5%

February 2019 2,346 2,481 +5.8%

March 2019 2,917 3,003 +2.9%

April 2019 2,999 3,184 +6.2%

May 2019 2,963 3,142 +6.0%

June 2019 2,671 2,973 +11.3%

July 2019 2,816 3,000 +6.5%

August 2019 2,677 2,843 +6.2%

September 2019 2,353 2,396 +1.8%

12-Month Avg 2,524 2,646 +4.8%


1,911

2,353 2,396

2017 2018 2019

September

750

1,000

1,250

1,500

1,750

2,000

2,250

2,500

2,750

3,000

3,250

3,500

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

Historical Pending Sales Activity

22,667 23,81125,247

2017 2018 2019

Year To Date

+6.0%+23.1% +1.8% +5.0%

Closed Sales A count of actual sales that have closed within a given month.

MonthPrior Year

Current Year

+ / –

October 2018 2,329 2,546 +9.3%

November 2018 2,239 2,393 +6.9%

December 2018 2,633 2,361 -10.3%

January 2019 1,638 1,723 +5.2%

February 2019 1,935 2,107 +8.9%

March 2019 2,633 2,602 -1.2%

April 2019 2,715 3,009 +10.8%

May 2019 2,966 3,323 +12.0%

June 2019 3,094 2,997 -3.1%

July 2019 2,781 2,994 +7.7%

August 2019 2,903 2,956 +1.8%

September 2019 2,336 2,500 +7.0%

12-Month Avg 2,517 2,626 +4.6%


2,0132,336

2,500

2017 2018 2019

September

500

1,000

1,500

2,000

2,500

3,000

3,500

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

Historical Closed Sales Activity

22,200 23,001 24,211

2017 2018 2019

Year To Date

+5.3%+16.0% +7.0% +3.6%

Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted in a given month.

MonthPrior Year

Current Year

+ / –

October 2018 64 59 -7.8%

November 2018 65 61 -6.2%

December 2018 71 69 -2.8%

January 2019 69 70 +1.4%

February 2019 73 76 +4.1%

March 2019 72 71 -1.4%

April 2019 65 67 +3.1%

May 2019 60 66 +10.0%

June 2019 58 63 +8.6%

July 2019 60 64 +6.7%

August 2019 60 62 +3.3%

September 2019 65 67 +3.1%

12-Month Avg 65 66 +1.9%


66 65 67

2017 2018 2019

September

40

50

60

70

80

90

100

110

120

130

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

Historical Days on Market Until Sale

7264 67

2017 2018 2019

Year To Date

+4.7%-1.5% +3.1% -11.1%

Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month.

MonthPrior Year

Current Year

+ / –

October 2018 $204,825 $212,500 +3.7%

November 2018 $208,000 $220,000 +5.8%

December 2018 $211,960 $226,800 +7.0%

January 2019 $203,990 $207,000 +1.5%

February 2019 $217,950 $224,000 +2.8%

March 2019 $225,000 $230,000 +2.2%

April 2019 $220,000 $225,000 +2.3%

May 2019 $225,000 $232,000 +3.1%

June 2019 $235,000 $242,000 +3.0%

July 2019 $230,000 $241,725 +5.1%

August 2019 $220,000 $240,000 +9.1%

September 2019 $216,990 $235,000 +8.3%

12-Month Med $219,775 $229,900 +4.6%


$208,850 $216,990$235,000

2017 2018 2019

September

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

Historical Median Sales Price

$203,000$223,000 $232,000

2017 2018 2019

Year To Date

+4.0%+3.9% +8.3% +9.9%

Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month.

MonthPrior Year

Current Year

+ / –

October 2018 $251,264 $263,982 +5.1%

November 2018 $250,357 $261,249 +4.4%

December 2018 $258,636 $267,466 +3.4%

January 2019 $243,531 $242,565 -0.4%

February 2019 $256,654 $255,960 -0.3%

March 2019 $267,205 $268,675 +0.6%

April 2019 $268,753 $277,450 +3.2%

May 2019 $272,144 $275,251 +1.1%

June 2019 $280,792 $296,954 +5.8%

July 2019 $274,402 $282,282 +2.9%

August 2019 $264,330 $288,491 +9.1%

September 2019 $256,916 $272,154 +5.9%

12-Month Avg $263,623 $273,015 +3.6%


$248,831 $256,916$272,154

2017 2018 2019

September

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

$300,000

$320,000

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

Historical Average Sales Price

$245,225$266,737 $275,668

2017 2018 2019

Year To Date

+ 3.3%+ 3.2% + 5.9% + 8.8%


MonthPrior Year

Current Year

+ / –

October 2018 95.5% 95.3% -0.2%

November 2018 95.4% 95.1% -0.3%

December 2018 95.2% 94.7% -0.5%

January 2019 95.4% 94.5% -0.9%

February 2019 95.1% 95.1% 0.0%

March 2019 96.0% 95.5% -0.5%

April 2019 95.8% 95.5% -0.3%

May 2019 96.3% 96.2% -0.1%

June 2019 96.3% 96.3% 0.0%

July 2019 96.1% 95.9% -0.2%

August 2019 95.6% 96.1% +0.5%

September 2019 95.6% 95.5% -0.1%

12-Month Avg 95.7% 95.6% -0.1%


Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold in a given month, not accounting for seller concessions.

95.7% 95.6% 95.5%

2017 2018 2019

September

84%

86%

88%

90%

92%

94%

96%

98%

100%

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

Historical Percent of Original List Price Received

95.5% 95.8% 95.7%

2017 2018 2019

Year To Date

-0.1%-0.1% -0.1% +0.3%


MonthPrior Year

Current Year

+ / –

October 2018 13.0% 12.6% -3.1%

November 2018 13.8% 13.4% -2.9%

December 2018 11.8% 12.7% +7.6%

January 2019 13.0% 11.8% -9.2%

February 2019 11.3% 12.9% +14.2%

March 2019 15.4% 15.4% 0.0%

April 2019 15.5% 14.4% -7.1%

May 2019 16.2% 15.0% -7.4%

June 2019 14.5% 14.1% -2.8%

July 2019 14.4% 13.7% -4.9%

August 2019 13.3% 14.1% +6.0%

September 2019 13.5% 12.7% -5.9%

12-Month Avg 13.9% 13.7% -1.7%

Percent of closed sales that sold for more than the most recent list price.


13.7% 13.5% 12.7%

2017 2018 2019

September

6%

8%

10%

12%

14%

16%

18%

20%

22%

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

Historical Percent of Properties Sold Over List Price

14.3% 14.3% 13.9%

2017 2018 2019

Year To Date

-2.8%-1.5% -5.9% 0.0%

Housing Affordability Index

MonthPrior Year

Current Year

+ / –

October 2018 159 138 -13.2%

November 2018 156 136 -12.8%

December 2018 153 136 -11.1%

January 2019 156 149 -4.5%

February 2019 144 137 -4.9%

March 2019 138 136 -1.4%

April 2019 139 140 +0.7%

May 2019 136 136 0.0%

June 2019 129 130 +0.8%

July 2019 131 133 +1.5%

August 2019 137 137 0.0%

September 2019 138 137 -0.7%

12-Month Avg 143 137 -3.8%


This index measures housing affordability for the region. For example, an index of 120 means the median household income was 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.

157138 137

2017 2018 2019

September

100

150

200

250

300

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

Historical Housing Affordability Index

161

135 139

2017 2018 2019

Year To Date

+3.0%-12.1% -0.7% -16.1%

Inventory of Homes for Sale The number of properties available for sale in active status at the end of the month.

MonthPrior Year

Current Year

+ / –

October 2018 8,945 10,144 +13.4%

November 2018 8,672 10,107 +16.5%

December 2018 7,995 9,324 +16.6%

January 2019 8,226 9,574 +16.4%

February 2019 8,515 9,752 +14.5%

March 2019 8,851 9,934 +12.2%

April 2019 9,039 10,018 +10.8%

May 2019 9,215 10,027 +8.8%

June 2019 9,684 9,825 +1.5%

July 2019 9,912 9,634 -2.8%

August 2019 10,118 9,401 -7.1%

September 2019 10,123 8,920 -11.9%

12-Month Avg 9,108 9,722 +7.4%


9,06010,123

8,920

2017 2018 2019

September

5,000

7,000

9,000

11,000

13,000

15,000

17,000

19,000

21,000

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

Historical Inventory of Homes for Sale

-11.9%+11.7

Months Supply of Inventory The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.

MonthPrior Year

Current Year

+ / –

October 2018 3.7 4.0 +8.1%

November 2018 3.6 4.0 +11.1%

December 2018 3.3 3.7 +12.1%

January 2019 3.4 3.8 +11.8%

February 2019 3.5 3.8 +8.6%

March 2019 3.6 3.9 +8.3%

April 2019 3.7 3.9 +5.4%

May 2019 3.7 3.9 +5.4%

June 2019 3.9 3.8 -2.6%

July 2019 4.0 3.7 -7.5%

August 2019 4.1 3.6 -12.2%

September 2019 4.0 3.4 -15.0%

12-Month Avg 3.7 3.8 +1.7%


3.8 4.0

3.4

2017 2018 2019

September

2

4

6

8

10

12

14

16

18

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

Historical Months Supply of Inventory

-15.0%+5.3%

Housing Supply Overview A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS

September 2019 Quick Facts

$200,000 to $299,999 Previously Owned

Pending Sales 15

Days on Market Until Sale 16

Median Sales Price 17

Percent of Original List Price Received 18

Percent of Properties Sold Over List Price 19

Inventory of Homes for Sale 20

Months Supply of Inventory 21


Required Reprint / Use and Source Credit: NEFAR is happy to share our market statistical report data; prior permission is not required. Source credit is required, however, for all uses (including use by NEFAR members) whether the use is written, digital, broadcast, spoken, social media or other. Use of NEFAR data must be accompanied by the following attribution – Source: Northeast Florida Association of Realtors .

Single-Family

A RESEARCH TOOL PROVIDED BY THENORTHEAST FLORIDA ASSOCIATION OF REALTORS

+ 14.3% + 5.4%Price Range With Strongest Sales:

Construction Status With Strongest Sales:

Property Type With Strongest Sales:

All data represents Realtor-brokered activity of single-family residential, condo and townhome sales combined. As all Nassau and St. Johns County Realtors are not members of the Northeast Florida Multiple Listing Service – a wholly owned subsidiary of the Northeast Florida Association of Realtors – reports do not represent the full extent of Realtor sales in those counties.

+ 5.2%

Pending Sales A count of properties on which offers have been accepted. Based on a rolling 12-month total.

By Price Range 9-2018 9-2019 Change 9-2018 9-2019 Change 9-2018 9-2019 Change

$149,999 and Below 7,297 6,643 - 9.0% 5,222 4,746 - 9.1% 2,075 1,897 - 8.6%

$150,000 to $199,999 5,441 5,599 + 2.9% 4,203 4,242 + 0.9% 1,238 1,357 + 9.6%

$200,000 to $299,999 8,712 9,955 + 14.3% 7,972 9,069 + 13.8% 740 886 + 19.7%

$300,000 to $499,999 6,350 6,919 + 9.0% 5,905 6,396 + 8.3% 445 523 + 17.5%

$500,000 to $999,999 2,094 2,223 + 6.2% 1,883 2,040 + 8.3% 211 183 - 13.3%

$1,000,000 and Above 399 411 + 3.0% 346 355 + 2.6% 53 56 + 5.7%

All Price Ranges 30,293 31,750 + 4.8% 25,531 26,848 + 5.2% 4,762 4,902 + 2.9%

By Construction Status 9-2018 9-2019 Change 9-2018 9-2019 Change 9-2018 9-2019 Change

Previously Owned 25,359 26,716 + 5.4% 20,974 22,225 + 6.0% 4,385 4,491 + 2.4%

New Construction 4,934 5,034 + 2.0% 4,557 4,623 + 1.4% 377 411 + 9.0%

All Property Types 30,293 31,750 + 4.8% 25,531 26,848 + 5.2% 4,762 4,902 + 2.9%


All Properties Single-Family Condo-Townhouse

7,297

5,441

8,712

6,350

2,094

399

6,6435,599

9,955

6,919

2,223

411

$149,999 andBelow

$150,000 to$199,999

$200,000 to$299,999

$300,000 to$499,999

$500,000 to$999,999

$1,000,000 andAbove

By Price Range9-2018 9-2019

25,359

4,934

26,716

5,034

Previously Owned New Construction

By Construction Status9-2018 9-2019

- 9.0%

25,531

4,762

26,848

4,902

Single-Family Condo-Townhouse

By Property Type9-2018 9-2019

+ 2.9% + 14.3% + 9.0% + 3.0% + 5.2% + 2.9%+ 5.4% + 2.0%+ 6.2%

Days on Market Until Sale


$149,999 and Below 54 54 0.0% 59 57 - 3.4% 41 46 + 12.2%

$150,000 to $199,999 45 47 + 4.4% 46 47 + 2.2% 42 47 + 11.9%

$200,000 to $299,999 63 66 + 4.8% 63 66 + 4.8% 66 68 + 3.0%

$300,000 to $499,999 83 81 - 2.4% 82 81 - 1.2% 91 89 - 2.2%

$500,000 to $999,999 100 93 - 7.0% 100 91 - 9.0% 99 114 + 15.2%

$1,000,000 and Above 128 121 - 5.5% 132 125 - 5.3% 101 96 - 5.0%

All Price Ranges 65 66 + 1.5% 67 67 0.0% 53 57 + 7.5%


Previously Owned 59 60 + 1.7% 61 61 0.0% 51 56 + 9.8%

New Construction 95 95 0.0% 96 97 + 1.0% 77 69 - 10.4%

All Property Types 65 66 + 1.5% 67 67 0.0% 53 57 + 7.5%


Average number of days between when a property is listed and when an offer is accepted. Based on a rolling 12-month average.


5445

63

83

100

128

5447

66

8193

121

$149,999 andBelow

$150,000 to$199,999

$200,000 to$299,999

$300,000 to$499,999

$500,000 to$999,999

$1,000,000 andAbove


59

95

60

95



0.0%

67

53

6757



+ 4.4% + 4.8% - 2.4% - 5.5% 0.0% + 7.5%+ 1.7% 0.0%- 7.0%

Median Sales Price


Previously Owned $200,000 $214,900 + 7.5% $215,000 $226,000 + 5.1% $151,500 $157,950 + 4.3%

New Construction $295,990 $296,881 + 0.3% $301,086 $301,225 + 0.0% $195,990 $221,990 + 13.3%

All Construction Statuses $219,775 $229,900 + 4.6% $232,005 $242,500 + 4.5% $156,000 $160,000 + 2.6%


Median price point for all closed sales, not accounting for seller concessions. Based on a rolling 12-month median.


$200,000

$295,990

$214,900

$296,881



$219,775 $232,005

$156,000

$229,900 $242,500

$160,000



+ 4.5% + 2.6%+ 7.5% + 4.6%+ 0.3%



$149,999 and Below 93.5% 92.7% - 0.9% 92.6% 91.6% - 1.1% 95.6% 95.1% - 0.5%

$150,000 to $199,999 97.2% 96.5% - 0.7% 97.1% 96.3% - 0.8% 97.4% 97.1% - 0.3%

$200,000 to $299,999 96.7% 96.7% 0.0% 96.7% 96.8% + 0.1% 96.8% 95.9% - 0.9%

$300,000 to $499,999 96.2% 96.2% 0.0% 96.2% 96.3% + 0.1% 96.0% 94.9% - 1.1%

$500,000 to $999,999 95.3% 95.6% + 0.3% 95.3% 95.7% + 0.4% 95.2% 94.3% - 0.9%

$1,000,000 and Above 91.6% 91.7% + 0.1% 91.4% 91.6% + 0.2% 92.4% 92.6% + 0.2%

All Price Ranges 95.7% 95.6% - 0.1% 95.6% 95.5% - 0.1% 96.2% 95.7% - 0.5%


Previously Owned 95.2% 95.0% - 0.2% 95.1% 94.9% - 0.2% 95.9% 95.5% - 0.4%

New Construction 98.4% 98.6% + 0.2% 98.3% 98.6% + 0.3% 99.1% 98.1% - 1.0%

All Property Types 95.7% 95.6% - 0.1% 95.6% 95.5% - 0.1% 96.2% 95.7% - 0.5%


Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold, not accounting for seller concessions. Based on a rolling 12-month average.


93.5%

97.2%96.7%

96.2%

95.3%

91.6%

92.7%

96.5% 96.7%96.2%

95.6%

91.7%

$149,999 andBelow

$150,000 to$199,999

$200,000 to$299,999

$300,000 to$499,999

$500,000 to$999,999

$1,000,000 andAbove


95.2%

98.4%

95.0%

98.6%



- 0.9%

95.6%

96.2%

95.5%

95.7%



- 0.7% 0.0% 0.0% + 0.1% - 0.1% - 0.5%- 0.2% + 0.2%+ 0.3%



$149,999 and Below 18.8% 16.4% - 12.6% 20.7% 18.4% - 11.1% 11.6% 9.7% - 16.0%

$150,000 to $199,999 13.3% 14.0% + 5.2% 13.8% 14.8% + 7.2% 8.2% 5.7% - 30.0%

$200,000 to $299,999 10.9% 11.2% + 3.1% 10.9% 11.7% + 6.8% 10.0% 5.4% - 46.7%

$300,000 to $499,999 9.4% 10.7% + 13.6% 9.9% 11.3% + 14.3% 5.1% 3.5% - 31.8%

$500,000 to $999,999 4.1% 5.7% + 37.9% 4.5% 6.0% + 33.3% 1.7% 3.5% + 110.5%

$1,000,000 and Above 16.9% 16.1% - 4.4% 18.8% 18.4% - 2.2% 11.9% 10.7% - 10.2%

All Price Ranges 13.9% 13.7% - 1.7% 14.6% 14.6% + 0.1% 10.4% 8.7% - 16.5%


Previously Owned 13.7% 13.0% - 5.2% 14.5% 13.9% - 4.1% 10.0% 8.6% - 13.4%

New Construction 15.1% 17.3% + 14.7% 15.1% 18.0% + 19.3% 15.4% 9.5% - 38.0%

All Property Types 13.9% 13.7% - 1.7% 14.6% 14.6% + 0.1% 10.4% 8.7% - 16.5%


Percent of closed sales that sold for more than the most recent list price. Based on a rolling 12-month average.


18.8%

13.3%

10.9%9.4%

4.1%

16.9%16.4%

14.0%

11.2% 10.7%

5.7%

16.1%

$149,999 andBelow

$150,000 to$199,999

$200,000 to$299,999

$300,000 to$499,999

$500,000 to$999,999

$1,000,000 andAbove


13.7%15.1%

13.0%

17.3%



- 12.6%

14.6%

10.4%

14.6%

8.7%



+ 5.2% + 3.1% + 13.6% - 4.4% + 0.1% - 16.5%- 5.2% + 14.7%+ 37.9%

Inventory of Homes for Sale The number of properties available for sale in active status at the end of the most recent month. Based on one month of activity.


$149,999 and Below 1,969 1,483 - 24.7% 1,545 1,165 - 24.6% 424 318 - 25.0%

$150,000 to $199,999 1,096 1,032 - 5.8% 830 729 - 12.2% 266 303 + 13.9%

$200,000 to $299,999 2,719 2,422 - 10.9% 2,491 2,151 - 13.6% 228 271 + 18.9%

$300,000 to $499,999 2,600 2,194 - 15.6% 2,338 1,969 - 15.8% 262 225 - 14.1%

$500,000 to $999,999 1,305 1,289 - 1.2% 1,134 1,108 - 2.3% 171 181 + 5.8%

$1,000,000 and Above 434 500 + 15.2% 386 462 + 19.7% 48 38 - 20.8%

All Price Ranges 10,123 8,920 - 11.9% 8,724 7,584 - 13.1% 1,399 1,336 - 4.5%


Previously Owned 8,253 7,334 - 11.1% 7,003 6,138 - 12.4% 1,250 1,196 - 4.3%

New Construction 1,870 1,586 - 15.2% 1,721 1,446 - 16.0% 149 140 - 6.0%

All Property Types 10,123 8,920 - 11.9% 8,724 7,584 - 13.1% 1,399 1,336 - 4.5%



1,969

1,096

2,7192,600

1,305

434

1,483

1,032

2,4222,194

1,289

500

$149,999 andBelow

$150,000 to$199,999

$200,000 to$299,999

$300,000 to$499,999

$500,000 to$999,999

$1,000,000 andAbove


8,253

1,870

7,334

1,586



- 24.7%

8,724

1,399

7,584

1,336



- 5.8% - 10.9% - 15.6% + 15.2% - 13.1% - 4.5%- 11.1% - 15.2%- 1.2%

Months Supply of Inventory


$149,999 and Below 3.2 2.7 - 15.6% 3.6 2.9 - 19.4% 2.5 2.0 - 20.0%

$150,000 to $199,999 2.4 2.2 - 8.3% 2.4 2.1 - 12.5% 2.6 2.7 + 3.8%

$200,000 to $299,999 3.7 2.9 - 21.6% 3.7 2.8 - 24.3% 3.7 3.7 0.0%

$300,000 to $499,999 4.9 3.8 - 22.4% 4.8 3.7 - 22.9% 7.1 5.2 - 26.8%

$500,000 to $999,999 7.5 7.0 - 6.7% 7.2 6.5 - 9.7% 9.7 11.9 + 22.7%

$1,000,000 and Above 13.1 14.6 + 11.5% 13.4 15.6 + 16.4% 10.9 8.1 - 25.7%

All Price Ranges 4.0 3.4 - 15.0% 4.1 3.4 - 17.1% 3.5 3.3 - 5.7%


Previously Owned 3.9 3.3 - 15.6% 4.0 3.3 - 17.3% 3.4 3.2 - 6.6%

New Construction 4.5 3.8 - 16.9% 4.5 3.8 - 17.2% 4.7 4.1 - 13.8%

All Property Types 4.0 3.4 - 15.0% 4.1 3.4 - 17.1% 3.5 3.3 - 5.7%


The inventory of homes for sale at the end of the most recent month, based on one month of activity, divided by the average monthly pending sales from the last 12 months.


3.22.4

3.74.9

7.5

13.1

2.7 2.22.9

3.8

7.0

14.6

$149,999 andBelow

$150,000 to$199,999

$200,000 to$299,999

$300,000 to$499,999

$500,000 to$999,999

$1,000,000 andAbove


3.94.5

3.33.8



- 15.6%

4.13.53.4 3.3



- 8.3% - 21.6% - 22.4% + 11.5% - 17.1% - 5.7%- 15.6% - 16.9%- 6.7%

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2018 2019 + / – 2018 2019 + / –

New Listings 280 241 - 13.9% 3,014 2,749 - 8.8%

Closed Sales 202 241 + 19.3% 2,146 2,121 - 1.2%

Median Sales Price* $233,250 $239,400 + 2.6% $235,000 $242,725 + 3.3%

Percent of Original List Price Received* 95.4% 95.1% - 0.3% 96.2% 95.9% - 0.3%

Percent of Properties Sold Over List Price* 10.9% 10.8% - 0.9% 14.3% 13.2% - 7.7%

Days on Market Until Sale 59 60 + 1.7% 54 59 + 9.3%

Inventory of Homes for Sale 859 664 - 22.7% -- -- --

Months Supply of Inventory 3.7 2.9 - 21.6% -- -- --

Current as of October 8, 2019. All data from Northeast Florida Multiple Listing Service. | Report © 2019 ShowingTime.

Local Market Update – September 2019

All MLS

Southside / Mandarin / Bartram

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Southside / Mandarin / Bartram

- 13.9% + 19.3% + 2.6%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 01 September Year to Date

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

3,014

2,146

2,749

2,121

New Listings Closed Sales

Year to Date 2018 2019

- 1.2%- 8.8%

280

202241 241


September 2018 2019

+ 19.3%- 13.9%


2018 2019 + / – 2018 2019 + / –

New Listings 397 361 - 9.1% 3,834 3,886 + 1.4%

Closed Sales 318 311 - 2.2% 2,859 2,883 + 0.8%


Percent of Original List Price Received* 95.9% 96.5% + 0.6% 96.5% 96.1% - 0.4%

Percent of Properties Sold Over List Price* 11.3% 11.6% + 2.7% 14.8% 12.3% - 16.9%


Inventory of Homes for Sale 937 937 0.0% -- -- --




All MLS

Southside


Southside- 9.1% - 2.2% + 19.5%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price



- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

3,834

2,859

3,886

2,883



+ 0.8%+ 1.4%

397

318361

311


September 2018 2019

- 2.2%- 9.1%


2018 2019 + / – 2018 2019 + / –

New Listings 74 65 - 12.2% 649 675 + 4.0%

Closed Sales 34 37 + 8.8% 410 450 + 9.8%

Median Sales Price* $313,750 $270,000 - 13.9% $289,950 $289,000 - 0.3%








All MLS

Riverside / Avondale / Ortega


Riverside / Avondale / Ortega

- 12.2% + 8.8% - 13.9%Change in



Median Sales Price



- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

649

410

675

450



+ 9.8%+ 4.0%

74

34

65

37


September 2018 2019

+ 8.8%- 12.2%


2018 2019 + / – 2018 2019 + / –

New Listings 210 196 - 6.7% 1,991 1,985 - 0.3%

Closed Sales 151 170 + 12.6% 1,466 1,592 + 8.6%









All MLS

Arlington / Fort Caroline


Arlington / Fort Caroline

- 6.7% + 12.6% + 2.1%Change in



Median Sales Price



- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

1,991

1,466

1,9851,592



+ 8.6%- 0.3%

210

151

196170


September 2018 2019

+ 12.6%- 6.7%


2018 2019 + / – 2018 2019 + / –

New Listings 130 145 + 11.5% 1,272 1,378 + 8.3%

Closed Sales 98 85 - 13.3% 932 1,012 + 8.6%


Percent of Original List Price Received* 94.9% 94.9% 0.0% 96.0% 94.9% - 1.1%


Days on Market Until Sale 54 48 - 11.1% 48 49 + 2.1%

Inventory of Homes for Sale 328 336 + 2.4% -- -- --




All MLS

Hyde Grove / Murray Hill / Lakeshore / Wesconnett


Hyde Grove / Murray Hill / Lakeshore / Wesconnett

+ 11.5% - 13.3% + 23.9%Change in



Median Sales Price



- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

1,272

932

1,378

1,012



+ 8.6%+ 8.3%

130

98

145

85


September 2018 2019

- 13.3%+ 11.5%


2018 2019 + / – 2018 2019 + / –

New Listings 170 160 - 5.9% 1,674 1,737 + 3.8%

Closed Sales 132 161 + 22.0% 1,296 1,417 + 9.3%




Days on Market Until Sale 51 51 0.0% 54 58 + 7.4%





All MLS

West Jacksonville


West Jacksonville- 5.9% + 22.0% + 13.8%






- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

1,674

1,296

1,7371,417



+ 9.3%+ 3.8%

170

132160 161


September 2018 2019

+ 22.0%- 5.9%


2018 2019 + / – 2018 2019 + / –

New Listings 194 223 + 14.9% 1,765 1,798 + 1.9%

Closed Sales 118 126 + 6.8% 972 1,100 + 13.2%




Days on Market Until Sale 57 65 + 14.0% 56 55 - 1.8%





All MLS

Springfield / Downtown / Paxon / Trout River South / Downtown Jacksonville - E


Springfield / Downtown / Paxon / Trout River South / Downtown Jacksonville - E

+ 14.9% + 6.8% + 38.8%Change in



Median Sales Price



- 80%

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

1,765

972

1,798

1,100



+ 13.2%+ 1.9%

194

118

223

126


September 2018 2019

+ 6.8%+ 14.9%


2018 2019 + / – 2018 2019 + / –

New Listings 36 36 0.0% 301 244 - 18.9%

Closed Sales 22 24 + 9.1% 190 217 + 14.2%


Percent of Original List Price Received* 95.4% 93.0% - 2.5% 95.2% 95.7% + 0.5%







All MLS

Marietta / Whitehouse / Baldwin / Garden St / Dinsmore


Marietta / Whitehouse / Baldwin / Garden St / Dinsmore

0.0% + 9.1% + 1.5%Change in



Median Sales Price



- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

301

190244

217



+ 14.2%- 18.9%

36

22

36

24


September 2018 2019

+ 9.1%0.0%


2018 2019 + / – 2018 2019 + / –

New Listings 153 147 - 3.9% 1,678 1,759 + 4.8%

Closed Sales 126 169 + 34.1% 1,236 1,426 + 15.4%


Percent of Original List Price Received* 96.8% 97.5% + 0.7% 96.7% 97.4% + 0.7%

Percent of Properties Sold Over List Price* 14.3% 17.2% + 20.3% 15.4% 18.0% + 16.9%






All MLS

Jacksonville - North


Jacksonville - North- 3.9% + 34.1% + 6.5%






- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

+ 30%

+ 35%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

1,678

1,236

1,759

1,426



+ 15.4%+ 4.8%

153126

147169


September 2018 2019

+ 34.1%- 3.9%


2018 2019 + / – 2018 2019 + / –

New Listings 63 62 - 1.6% 686 608 - 11.4%

Closed Sales 43 47 + 9.3% 473 471 - 0.4%









All MLS

Fleming Island Area


Fleming Island Area- 1.6% + 9.3% + 9.7%






- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

686

473

608

471



- 0.4%- 11.4%

63

43

62

47


September 2018 2019

+ 9.3%- 1.6%


2018 2019 + / – 2018 2019 + / –

New Listings 147 129 - 12.2% 1,670 1,508 - 9.7%

Closed Sales 123 112 - 8.9% 1,144 1,191 + 4.1%









All MLS

Orange Park


Orange Park- 12.2% - 8.9% + 21.5%






- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

1,670

1,144

1,508

1,191



+ 4.1%- 9.7%

147123129

112


September 2018 2019

- 8.9%- 12.2%


2018 2019 + / – 2018 2019 + / –

New Listings 90 96 + 6.7% 997 990 - 0.7%

Closed Sales 82 73 - 11.0% 734 867 + 18.1%

Median Sales Price* $207,955 $204,000 - 1.9% $194,950 $207,710 + 6.5%

Percent of Original List Price Received* 98.0% 95.5% - 2.6% 96.5% 96.5% 0.0%







All MLS

Middleburg Vicinity


Middleburg Vicinity+ 6.7% - 11.0% - 1.9%






- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

997

734

990867



+ 18.1%- 0.7%

9082

96

73


September 2018 2019

- 11.0%+ 6.7%


2018 2019 + / – 2018 2019 + / –

New Listings 21 15 - 28.6% 217 198 - 8.8%

Closed Sales 14 18 + 28.6% 154 130 - 15.6%









All MLS

Keystone Heights Vicinity


Keystone Heights Vicinity

- 28.6% + 28.6% + 27.1%Change in



Median Sales Price



- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

217

154

198

130



- 15.6%- 8.8%

21

141518


September 2018 2019

+ 28.6%- 28.6%


2018 2019 + / – 2018 2019 + / –

New Listings 47 70 + 48.9% 486 666 + 37.0%

Closed Sales 21 49 + 133.3% 384 469 + 22.1%




Days on Market Until Sale 65 51 - 21.5% 72 65 - 9.7%





All MLS

Green Cove Springs


Green Cove Springs+ 48.9% + 133.3% - 30.1%






- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

486384

666

469



+ 22.1%+ 37.0%

47

21

70

49


September 2018 2019

+ 133.3%+ 48.9%


2018 2019 + / – 2018 2019 + / –

New Listings 73 50 - 31.5% 789 673 - 14.7%

Closed Sales 47 34 - 27.7% 498 467 - 6.2%









All MLS

Jacksonville Beach


Jacksonville Beach- 31.5% - 27.7% + 13.4%






- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

789

498

673

467



- 6.2%- 14.7%

73

4750

34


September 2018 2019

- 27.7%- 31.5%


2018 2019 + / – 2018 2019 + / –

New Listings 13 15 + 15.4% 116 137 + 18.1%

Closed Sales 15 8 - 46.7% 92 85 - 7.6%






Months Supply of Inventory 2.5 5.4 + 116.0% -- -- --



All MLS

Neptune Beach


Neptune Beach+ 15.4% - 46.7% + 92.8%






- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

11692

137

85



- 7.6%+ 18.1%

131515

8


September 2018 2019

- 46.7%+ 15.4%


2018 2019 + / – 2018 2019 + / –

New Listings 31 26 - 16.1% 306 302 - 1.3%

Closed Sales 27 19 - 29.6% 223 214 - 4.0%

Median Sales Price* $390,000 $421,676 + 8.1% $420,000 $390,000 - 7.1%








All MLS

Atlantic Beach


Atlantic Beach- 16.1% - 29.6% + 8.1%






- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

306

223

302

214



- 4.0%- 1.3%

312726

19


September 2018 2019

- 29.6%- 16.1%


2018 2019 + / – 2018 2019 + / –

New Listings 13 11 - 15.4% 137 90 - 34.3%

Closed Sales 13 8 - 38.5% 115 78 - 32.2%






Months Supply of Inventory 2.6 2.6 0.0% -- -- --



All MLS

North Beach / Mayport


North Beach / Mayport

- 15.4% - 38.5% - 7.4%Change in



Median Sales Price



- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

137115

9078



- 32.2%- 34.3%

13 1311

8


September 2018 2019

- 38.5%- 15.4%


2018 2019 + / – 2018 2019 + / –

New Listings 24 24 0.0% 312 245 - 21.5%

Closed Sales 26 10 - 61.5% 214 188 - 12.1%



Percent of Properties Sold Over List Price* 0.0% 10.0% -- 6.1% 11.2% + 83.6%






All MLS

NE St. Johns County – Ponte Vedra Beach North


NE St. Johns County – Ponte Vedra Beach North

0.0% - 61.5% + 10.6%Change in



Median Sales Price



- 80%

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

312

214245

188



- 12.1%- 21.5%

2426

24

10


September 2018 2019

- 61.5%0.0%


2018 2019 + / – 2018 2019 + / –

New Listings 81 79 - 2.5% 960 910 - 5.2%

Closed Sales 55 53 - 3.6% 603 592 - 1.8%









All MLS

Ponte Vedra Bch / S Ponte Vedra Beach / Vilano Bch / Palm Valley


Ponte Vedra Bch / S Ponte Vedra Beach / Vilano Bch / Palm Valley

- 2.5% - 3.6% - 7.9%Change in



Median Sales Price



- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

960

603

910

592



- 1.8%- 5.2%

81

55

79

53


September 2018 2019

- 3.6%- 2.5%


2018 2019 + / – 2018 2019 + / –

New Listings 83 57 - 31.3% 863 886 + 2.7%

Closed Sales 62 67 + 8.1% 612 731 + 19.4%



Percent of Properties Sold Over List Price* 14.5% 13.4% - 7.6% 13.1% 14.9% + 13.7%






All MLS

Ponte Vedra / Nocatee (St. Johns County)


Ponte Vedra / Nocatee (St. Johns County)

- 31.3% + 8.1% + 15.2%Change in



Median Sales Price



- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

863

612

886731



+ 19.4%+ 2.7%

83

625767


September 2018 2019

+ 8.1%- 31.3%


2018 2019 + / – 2018 2019 + / –

New Listings 250 262 + 4.8% 3,004 3,263 + 8.6%

Closed Sales 226 265 + 17.3% 2,358 2,537 + 7.6%









All MLS

St. Johns County - NW


St. Johns County - NW

+ 4.8% + 17.3% + 0.7%Change in



Median Sales Price



- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

3,004

2,358

3,263

2,537



+ 7.6%+ 8.6%

250226

262 265


September 2018 2019

+ 17.3%+ 4.8%


2018 2019 + / – 2018 2019 + / –

New Listings 34 26 - 23.5% 375 367 - 2.1%

Closed Sales 26 34 + 30.8% 259 262 + 1.2%









All MLS

St. Johns County - NE


St. Johns County - NE

- 23.5% + 30.8% + 14.9%Change in



Median Sales Price



- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

375

259

367

262



+ 1.2%- 2.1%

34

2626

34


September 2018 2019

+ 30.8%- 23.5%


2018 2019 + / – 2018 2019 + / –

New Listings 32 14 - 56.3% 254 262 + 3.1%

Closed Sales 12 26 + 116.7% 129 159 + 23.3%









All MLS

St. Johns County - St. Augustine Area - East of US 1


St. Johns County - St. Augustine Area - East of US 1

- 56.3% + 116.7% + 15.3%Change in



Median Sales Price



- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

254

129

262

159



+ 23.3%+ 3.1%

32

1214

26


September 2018 2019

+ 116.7%- 56.3%


2018 2019 + / – 2018 2019 + / –

New Listings 158 121 - 23.4% 1,449 1,453 + 0.3%

Closed Sales 98 106 + 8.2% 1,048 1,045 - 0.3%




Days on Market Until Sale 97 97 0.0% 91 89 - 2.2%





All MLS

St. Johns County - SE


St. Johns County - SE

- 23.4% + 8.2% + 10.8%Change in



Median Sales Price



- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

1,449

1,048

1,453

1,045



- 0.3%+ 0.3%

158

98121

106


September 2018 2019

+ 8.2%- 23.4%


2018 2019 + / – 2018 2019 + / –

New Listings 16 10 - 37.5% 142 128 - 9.9%

Closed Sales 7 10 + 42.9% 98 82 - 16.3%

Median Sales Price* $200,000 $216,000 + 8.0% $232,500 $197,500 - 15.1%








All MLS

St. Johns County - SW


St. Johns County - SW

- 37.5% + 42.9% + 8.0%Change in



Median Sales Price



- 100%

- 50%

0%

+ 50%

+ 100%

+ 150%

+ 200%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

142

98

128

82



- 16.3%- 9.9%

16

7

10 10


September 2018 2019

+ 42.9%- 37.5%


2018 2019 + / – 2018 2019 + / –

New Listings 40 49 + 22.5% 383 412 + 7.6%

Closed Sales 27 30 + 11.1% 293 284 - 3.1%




Days on Market Until Sale 103 103 0.0% 89 85 - 4.5%





All MLS

Putnam County NE


Putnam County NE+ 22.5% + 11.1% - 5.2%






- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

383

293

412

284



- 3.1%+ 7.6%

40

27

49

30


September 2018 2019

+ 11.1%+ 22.5%


2018 2019 + / – 2018 2019 + / –

New Listings 29 28 - 3.4% 271 301 + 11.1%

Closed Sales 16 19 + 18.8% 188 224 + 19.1%





Inventory of Homes for Sale 114 114 0.0% -- -- --




All MLS

Putnam County - West


Putnam County - West

- 3.4% + 18.8% + 136.1%Change in



Median Sales Price



- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

271

188

301

224



+ 19.1%+ 11.1%

29

16

28

19


September 2018 2019

+ 18.8%- 3.4%


2018 2019 + / – 2018 2019 + / –

New Listings 28 27 - 3.6% 263 236 - 10.3%

Closed Sales 15 14 - 6.7% 175 173 - 1.1%









All MLS

Putnam County - South


Putnam County - South

- 3.6% - 6.7% + 73.7%Change in



Median Sales Price



- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

263

175

236

173



- 1.1%- 10.3%

28

15

27

14


September 2018 2019

- 6.7%- 3.6%


2018 2019 + / – 2018 2019 + / –

New Listings 33 22 - 33.3% 314 234 - 25.5%

Closed Sales 22 16 - 27.3% 237 162 - 31.6%









All MLS

Baker County


Baker County- 33.3% - 27.3% - 2.1%




September Year to Date


- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

314

237234

162



- 31.6%- 25.5%

33

2222

16


September 2018 2019

- 27.3%- 33.3%


2018 2019 + / – 2018 2019 + / –

New Listings 361 371 + 2.8% 4,021 3,953 - 1.7%

Closed Sales 283 298 + 5.3% 2,870 3,111 + 8.4%





Inventory of Homes for Sale 1,186 916 - 22.8% -- -- --




All MLS

Clay County


Clay County+ 2.8% + 5.3% + 8.5%






- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

4,021

2,870

3,953

3,111



+ 8.4%- 1.7%

361

283

371

298


September 2018 2019

+ 5.3%+ 2.8%


2018 2019 + / – 2018 2019 + / –

New Listings 1,787 1,682 - 5.9% 17,652 17,519 - 0.8%

Closed Sales 1,307 1,399 + 7.0% 12,517 13,137 + 5.0%


Percent of Original List Price Received* 95.5% 95.5% 0.0% 96.0% 95.7% - 0.3%



Inventory of Homes for Sale 5,013 4,350 - 13.2% -- -- --




All MLS

Duval County


Duval County- 5.9% + 7.0% + 9.4%






- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

17,652

12,517

17,519

13,137



+ 5.0%- 0.8%

1,787

1,307

1,6821,399


September 2018 2019

+ 7.0%- 5.9%


2018 2019 + / – 2018 2019 + / –

New Listings 137 125 - 8.8% 1,281 1,427 + 11.4%

Closed Sales 97 113 + 16.5% 898 1,045 + 16.4%









All MLS

Nassau County


Nassau County- 8.8% + 16.5% + 1.6%






- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

1,281

898

1,427

1,045



+ 16.4%+ 11.4%

137

97

125113


September 2018 2019

+ 16.5%- 8.8%


2018 2019 + / – 2018 2019 + / –

New Listings 97 102 + 5.2% 914 947 + 3.6%

Closed Sales 58 63 + 8.6% 655 681 + 4.0%



Percent of Properties Sold Over List Price* 13.8% 9.5% - 31.2% 10.9% 10.9% 0.0%






All MLS

Putnam County


Putnam County+ 5.2% + 8.6% + 14.7%






- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

914

655

947

681



+ 4.0%+ 3.6%

97

58

102

63


September 2018 2019

+ 8.6%+ 5.2%


2018 2019 + / – 2018 2019 + / –

New Listings 675 591 - 12.4% 7,299 7,457 + 2.2%

Closed Sales 508 567 + 11.6% 5,281 5,554 + 5.2%





Inventory of Homes for Sale 2,536 2,404 - 5.2% -- -- --




All MLS

St. Johns County


St. Johns County- 12.4% + 11.6% + 4.9%






- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019


a

7,299

5,281

7,457

5,554



+ 5.2%+ 2.2%

675

508591 567


September 2018 2019

+ 11.6%- 12.4%

monthly indicators - nefar.com · 2019. 10. 14. · pending sales a count of the properties on...

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