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Monthly Indicators A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS April 2017 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 May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 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 The employment landscape and wages have both improved over the last few years, allowing for more people to participate in the home-buying process. When the economy is in good working order, as it is now, it creates opportunities in residential real estate, and right now is a potentially lucrative time to sell a home. Houses that show well and are priced correctly have been selling quickly, often at higher prices than asking. New Listings in the Northeast Florida region decreased 0.9 percent to 3,368. Pending Sales were up 4.4 percent to 2,779. Inventory levels fell 20.5 percent to 8,348 units. Prices continued to gain traction. The Median Sales Price increased 8.3 percent to $195,990. Days on Market was down 3.8 percent to 75 days. Sellers were encouraged as Months Supply of Inventory was down 22.2 percent to 3.5 months. Although there is a mounting amount of buyer competition during the annual spring market cycle, buyer demand has not abated, nor is it expected to in the immediate future unless something unpredictable occurs. While strong demand is generally considered a good problem to have, it creates an affordability issue for some buyers, especially first-time buyers. And yet, prices will continue to rise amidst strong demand. - 20.5% Change in Inventory - 7.2% 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.

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Page 1: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

April 2017 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 May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 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

The employment landscape and wages have both improved over the last few years, allowing for more people to participate in the home-buying process. When the economy is in good working order, as it is now, it creates opportunities in residential real estate, and right now is a potentially lucrative time to sell a home. Houses that show well and are priced correctly have been selling quickly, often at higher prices than asking.

New Listings in the Northeast Florida region decreased 0.9 percent to 3,368. Pending Sales were up 4.4 percent to 2,779. Inventory levels fell 20.5 percent to 8,348 units.

Prices continued to gain traction. The Median Sales Price increased 8.3 percent to $195,990. Days on Market was down 3.8 percent to 75 days. Sellers were encouraged as Months Supply of Inventory was down 22.2 percent to 3.5 months.

Although there is a mounting amount of buyer competition during the annual spring market cycle, buyer demand has not abated, nor is it expected to in the immediate future unless something unpredictable occurs. While strong demand is generally considered a good problem to have, it creates an affordability issue for some buyers, especially first-time buyers. And yet, prices will continue to rise amidst strong demand.

- 20.5%Change inInventory

- 7.2%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.

Page 2: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

Key Metrics Historical Sparklines 4-2016 4-2017 +/- YTD 2016 YTD 2017 +/-

- 1.5% 12.9% 11.2% - 13.2%

8,430 - 1.6%

$190,000

- 3.8% 83 80 - 3.6%

+ 8.6%

+ 0.5%

183

10,506

78 75

170

$181,000 $195,990

$242,692 + 7.7%

95.0% 95.5%

$225,308

13.2% 13.0%

+ 8.3% $174,900

- 10.1%

--

$213,573 $234,312 + 9.7%

+ 0.8%94.3% 95.1%

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

2,473 2,294 - 7.2% 8,566

New Listings

Pending Sales

Closed Sales

- 2.1%

2,662 2,779 + 4.4% 9,632 10,111 + 5.0%

13,0333,398 3,368 - 0.9% 13,307

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 2

4.5

164 - 10.4%

- 20.5%

- 22.2%

8,348

3.5

189

--

-- --

--

--Months Supplyof Homes for Sale

Inventory of Homes for Sale

4-2014 4-2015 4-2016 4-2017

4-2014 4-2015 4-2016 4-2017

4-2014 4-2015 4-2016 4-2017

4-2014 4-2015 4-2016 4-2017

4-2014 4-2015 4-2016 4-2017

4-2014 4-2015 4-2016 4-2017

4-2014 4-2015 4-2016 4-2017

4-2014 4-2015 4-2016 4-2017

4-2014 4-2015 4-2016 4-2017

4-2014 4-2015 4-2016 4-2017

4-2014 4-2015 4-2016 4-2017

Page 3: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

MonthPrior Year

Current Year

+ / –

May 2016 3,379 3,390 +0.3%

June 2016 3,511 3,484 -0.8%

July 2016 3,417 3,124 -8.6%

August 2016 3,149 3,286 +4.4%

September 2016 2,968 2,874 -3.2%

October 2016 2,969 2,365 -20.3%

November 2016 2,442 2,395 -1.9%

December 2016 2,126 2,073 -2.5%

January 2017 3,062 3,071 +0.3%

February 2017 3,190 2,917 -8.6%

March 2017 3,657 3,677 +0.5%

April 2017 3,398 3,368 -0.9%

12-Month Avg 3,106 3,002 -3.3%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 3

3,468 3,398 3,368

2015 2016 2017

April

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

Historical New Listing Activity

12,860 13,307 13,033

2015 2016 2017

Year To Date

-2.1%-2.0% -0.9% +3.5%

Page 4: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

MonthPrior Year

Current Year

+ / –

May 2016 2,591 2,677 +3.3%

June 2016 2,625 2,646 +0.8%

July 2016 2,519 2,422 -3.9%

August 2016 2,484 2,384 -4.0%

September 2016 2,156 2,209 +2.5%

October 2016 2,140 2,010 -6.1%

November 2016 1,890 1,982 +4.9%

December 2016 1,889 1,869 -1.1%

January 2017 2,037 2,097 +2.9%

February 2017 2,313 2,369 +2.4%

March 2017 2,620 2,866 +9.4%

April 2017 2,662 2,779 +4.4%

12-Month Avg 2,327 2,359 +1.4%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 4

2,572 2,662 2,779

2015 2016 2017

April

750

1,000

1,250

1,500

1,750

2,000

2,250

2,500

2,750

3,000

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

Historical Pending Sales Activity

9,249 9,632 10,111

2015 2016 2017

Year To Date

+5.0%+3.5% +4.4% +4.1%

Page 5: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

MonthPrior Year

Current Year

+ / –

May 2016 2,421 2,557 +5.6%

June 2016 2,758 2,901 +5.2%

July 2016 2,712 2,577 -5.0%

August 2016 2,416 2,693 +11.5%

September 2016 2,365 2,436 +3.0%

October 2016 2,132 2,058 -3.5%

November 2016 1,847 2,012 +8.9%

December 2016 2,292 2,302 +0.4%

January 2017 1,659 1,708 +3.0%

February 2017 1,895 1,834 -3.2%

March 2017 2,539 2,594 +2.2%

April 2017 2,473 2,294 -7.2%

12-Month Avg 2,292 2,331 +1.7%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 5

2,357 2,4732,294

2015 2016 2017

April

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

Historical Closed Sales Activity

7,9178,566 8,430

2015 2016 2017

Year To Date

-1.6%+4.9% -7.2% +8.2%

Page 6: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

+ / –

May 2016 86 75 -12.8%

June 2016 81 73 -9.9%

July 2016 77 70 -9.1%

August 2016 75 72 -4.0%

September 2016 76 73 -3.9%

October 2016 80 78 -2.5%

November 2016 80 70 -12.5%

December 2016 84 78 -7.1%

January 2017 84 78 -7.1%

February 2017 89 85 -4.5%

March 2017 81 83 +2.5%

April 2017 78 75 -3.8%

12-Month Avg 81 75 -6.5%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 6

90

78 75

2015 2016 2017

April

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

Historical Days on Market Until Sale

9183 80

2015 2016 2017

Year To Date

-3.6%-13.3% -3.8% -8.8%

Page 7: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

MonthPrior Year

Current Year

+ / –

May 2016 $175,000 $192,000 +9.7%

June 2016 $181,000 $196,000 +8.3%

July 2016 $180,000 $194,000 +7.8%

August 2016 $172,900 $191,000 +10.5%

September 2016 $174,920 $189,900 +8.6%

October 2016 $170,000 $185,000 +8.8%

November 2016 $164,650 $182,000 +10.5%

December 2016 $179,210 $195,000 +8.8%

January 2017 $164,950 $175,000 +6.1%

February 2017 $160,000 $192,500 +20.3%

March 2017 $180,000 $194,305 +7.9%

April 2017 $181,000 $195,990 +8.3%

12-Month Med $175,000 $190,000 +8.6%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 7

$172,000 $181,000$195,990

2015 2016 2017

April

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

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

Historical Median Sales Price

$160,000$174,900

$190,000

2015 2016 2017

Year To Date

+8.6%+5.2% +8.3% +9.3%

Page 8: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

MonthPrior Year

Current Year

+ / –

May 2016 $215,254 $232,485 +8.0%

June 2016 $223,830 $237,797 +6.2%

July 2016 $223,261 $239,050 +7.1%

August 2016 $210,628 $238,726 +13.3%

September 2016 $207,978 $233,980 +12.5%

October 2016 $215,623 $225,478 +4.6%

November 2016 $215,076 $223,700 +4.0%

December 2016 $224,273 $232,423 +3.6%

January 2017 $206,430 $216,905 +5.1%

February 2017 $202,873 $229,036 +12.9%

March 2017 $214,776 $242,086 +12.7%

April 2017 $225,308 $242,692 +7.7%

12-Month Avg $216,117 $233,769 +8.2%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 8

$207,500$225,308

$242,692

2015 2016 2017

April

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

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

Historical Average Sales Price

$200,077$213,573

$234,312

2015 2016 2017

Year To Date

+ 9.7%+ 8.6% + 7.7% + 6.7%

Page 9: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

Percent of Original List Price Received

MonthPrior Year

Current Year

+ / –

May 2016 94.1% 95.2% +1.2%

June 2016 94.4% 95.4% +1.1%

July 2016 94.4% 95.7% +1.4%

August 2016 94.5% 95.6% +1.2%

September 2016 94.2% 95.5% +1.4%

October 2016 93.9% 95.0% +1.2%

November 2016 93.9% 94.9% +1.1%

December 2016 93.9% 94.8% +1.0%

January 2017 93.6% 95.0% +1.5%

February 2017 93.5% 94.6% +1.2%

March 2017 94.6% 95.1% +0.5%

April 2017 95.0% 95.5% +0.5%

12-Month Avg 94.2% 95.2% +1.1%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 9

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.

93.6% 95.0% 95.5%

2015 2016 2017

April

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

Historical Percent of Original List Price Received

93.0% 94.3% 95.1%

2015 2016 2017

Year To Date

+0.8%+1.5% +0.5% +1.4%

Page 10: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

Percent of Properties Sold Over List Price

MonthPrior Year

Current Year

+ / –

May 2016 12.7% 12.5% -1.6%

June 2016 13.2% 13.2% 0.0%

July 2016 12.3% 12.7% +3.3%

August 2016 13.4% 13.6% +1.5%

September 2016 12.8% 13.1% +2.3%

October 2016 12.0% 13.0% +8.3%

November 2016 12.1% 11.9% -1.7%

December 2016 14.4% 11.7% -18.8%

January 2017 11.9% 10.2% -14.3%

February 2017 12.1% 11.0% -9.1%

March 2017 13.9% 10.3% -25.9%

April 2017 13.2% 13.0% -1.5%

12-Month Avg 12.9% 12.3% -4.8%

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

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 10

12.1%13.2% 13.0%

2015 2016 2017

April

6%

8%

10%

12%

14%

16%

18%

20%

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

Historical Percent of Properties Sold Over List Price

12.3% 12.9%

11.2%

2015 2016 2017

Year To Date

-13.2%+8.4% -1.5% +5.0%

Page 11: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

Housing Affordability Index

MonthPrior Year

Current Year

+ / –

May 2016 189 173 -8.5%

June 2016 177 172 -2.8%

July 2016 175 174 -0.6%

August 2016 185 178 -3.8%

September 2016 185 178 -3.8%

October 2016 190 183 -3.7%

November 2016 194 178 -8.2%

December 2016 179 160 -10.6%

January 2017 195 182 -6.7%

February 2017 204 166 -18.6%

March 2017 180 164 -8.9%

April 2017 183 164 -10.4%

12-Month Avg 186 173 -7.2%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 11

This index measures housing affordability for the region. 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.

191 183164

2015 2016 2017

April

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

Historical Housing Affordability Index

205189

170

2015 2016 2017

Year To Date

-10.1%-4.2% -10.4% -7.8%

Page 12: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

+ / –

May 2016 11,017 10,524 -4.5%

June 2016 11,013 10,558 -4.1%

July 2016 11,026 10,432 -5.4%

August 2016 10,873 10,391 -4.4%

September 2016 10,784 10,162 -5.8%

October 2016 10,708 9,738 -9.1%

November 2016 10,464 9,373 -10.4%

December 2016 9,679 8,581 -11.3%

January 2017 9,968 8,701 -12.7%

February 2017 10,166 8,527 -16.1%

March 2017 10,487 8,541 -18.6%

April 2017 10,506 8,348 -20.5%

12-Month Avg 10,558 9,490 -10.2%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 12

11,009 10,506

8,348

2015 2016 2017

April

5,000

7,000

9,000

11,000

13,000

15,000

17,000

19,000

21,000

23,000

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

Historical Inventory of Homes for Sale

-20.5%-4.6%

Page 13: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

+ / –

May 2016 5.2 4.5 -13.5%

June 2016 5.1 4.5 -11.8%

July 2016 5.0 4.5 -10.0%

August 2016 4.9 4.5 -8.2%

September 2016 4.8 4.4 -8.3%

October 2016 4.7 4.2 -10.6%

November 2016 4.6 4.0 -13.0%

December 2016 4.2 3.7 -11.9%

January 2017 4.3 3.7 -14.0%

February 2017 4.4 3.7 -15.9%

March 2017 4.5 3.6 -20.0%

April 2017 4.5 3.5 -22.2%

12-Month Avg 4.7 4.1 -13.2%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 13

5.34.5

3.5

2015 2016 2017

April

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

Historical Months Supply of Inventory

-22.2%-15.1%

Page 14: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

April 2017 Quick Facts

$1,000,000 and Above New Construction

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

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 14

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 .

Condo-Townhouse

A RESEARCH TOOL PROVIDED BY THENORTHEAST FLORIDA ASSOCIATION OF REALTORS

+ 25.9% + 3.9% + 2.8%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.

Page 15: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

By Price Range 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

$149,999 and Below 11,056 9,614 - 13.0% 8,546 7,269 - 14.9% 2,510 2,345 - 6.6%

$150,000 to $199,999 4,741 5,109 + 7.8% 4,068 4,303 + 5.8% 673 806 + 19.8%

$200,000 to $299,999 6,302 7,021 + 11.4% 5,878 6,512 + 10.8% 424 509 + 20.0%

$300,000 to $499,999 4,262 4,694 + 10.1% 3,933 4,352 + 10.7% 329 342 + 4.0%

$500,000 to $999,999 1,318 1,561 + 18.4% 1,200 1,403 + 16.9% 118 158 + 33.9%

$1,000,000 and Above 247 311 + 25.9% 220 275 + 25.0% 27 36 + 33.3%

All Price Ranges 27,926 28,310 + 1.4% 23,845 24,114 + 1.1% 4,081 4,196 + 2.8%

By Construction Status 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

Previously Owned 23,670 23,886 + 0.9% 20,028 20,168 + 0.7% 3,642 3,718 + 2.1%

New Construction 4,256 4,424 + 3.9% 3,817 3,946 + 3.4% 439 478 + 8.9%

All Property Types 27,926 28,310 + 1.4% 23,845 24,114 + 1.1% 4,081 4,196 + 2.8%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 15

All Properties Single-Family Condo-Townhouse

11,056

4,741

6,302

4,262

1,318247

9,614

5,109

7,021

4,694

1,561

311

$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 Range4-2016 4-2017

23,670

4,256

23,886

4,424

Previously Owned New Construction

By Construction Status4-2016 4-2017

- 13.0%

23,845

4,081

24,114

4,196

Single-Family Condo-Townhouse

By Property Type4-2016 4-2017

+ 7.8% + 11.4% + 10.1% + 25.9% + 1.1% + 2.8%+ 0.9% + 3.9%+ 18.4%

Page 16: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

Days on Market Until Sale

By Price Range 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

$149,999 and Below 77 68 - 11.7% 80 71 - 11.3% 66 56 - 15.2%

$150,000 to $199,999 75 65 - 13.3% 74 64 - 13.5% 81 72 - 11.1%

$200,000 to $299,999 78 76 - 2.6% 77 75 - 2.6% 89 92 + 3.4%

$300,000 to $499,999 90 89 - 1.1% 88 87 - 1.1% 113 110 - 2.7%

$500,000 to $999,999 107 107 0.0% 103 105 + 1.9% 146 122 - 16.4%

$1,000,000 and Above 131 143 + 9.2% 135 143 + 5.9% 92 144 + 56.5%

All Price Ranges 81 75 - 7.4% 81 76 - 6.2% 76 70 - 7.9%

By Construction Status 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

Previously Owned 79 72 - 8.9% 80 73 - 8.8% 73 66 - 9.6%

New Construction 91 94 + 3.3% 89 93 + 4.5% 104 105 + 1.0%

All Property Types 81 75 - 7.4% 81 76 - 6.2% 76 70 - 7.9%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 16

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

All Properties Single-Family Condo-Townhouse

77 75 7890

107

131

68 6576

89

107

143

$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 Range4-2016 4-2017

7991

72

94

Previously Owned New Construction

By Construction Status4-2016 4-2017

- 11.7%

81

7676

70

Single-Family Condo-Townhouse

By Property Type4-2016 4-2017

- 13.3% - 2.6% - 1.1% + 9.2% - 6.2% - 7.9%- 8.9% + 3.3%0.0%

Page 17: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

Median Sales Price

By Construction Status 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

Previously Owned $157,500 $175,000 + 11.1% $167,000 $185,000 + 10.8% $119,000 $133,000 + 11.8%

New Construction $273,000 $279,990 + 2.6% $282,270 $290,455 + 2.9% $170,960 $154,900 - 9.4%

All Construction Statuses $175,000 $190,000 + 8.6% $186,500 $204,500 + 9.7% $124,000 $135,000 + 8.9%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 17

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

All Properties Single-Family Condo-Townhouse

$157,500

$273,000

$175,000

$279,990

Previously Owned New Construction

By Construction Status4-2016 4-2017

$175,000 $186,500

$124,000

$190,000$204,500

$135,000

All Properties Single-Family Condo-Townhouse

By Property Type4-2016 4-2017

+ 9.7% + 8.9%+ 11.1% + 8.6%+ 2.6%

Page 18: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

Percent of Original List Price Received

By Price Range 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

$149,999 and Below 92.1% 93.7% + 1.7% 91.4% 93.2% + 2.0% 94.3% 95.3% + 1.1%

$150,000 to $199,999 95.7% 96.3% + 0.6% 95.6% 96.2% + 0.6% 96.3% 97.0% + 0.7%

$200,000 to $299,999 95.8% 96.3% + 0.5% 95.8% 96.4% + 0.6% 95.4% 95.9% + 0.5%

$300,000 to $499,999 96.0% 96.0% 0.0% 96.0% 96.1% + 0.1% 95.8% 95.1% - 0.7%

$500,000 to $999,999 95.0% 94.7% - 0.3% 95.2% 94.8% - 0.4% 93.5% 93.6% + 0.1%

$1,000,000 and Above 90.4% 90.6% + 0.2% 90.1% 90.4% + 0.3% 93.2% 92.4% - 0.9%

All Price Ranges 94.2% 95.2% + 1.1% 94.1% 95.2% + 1.2% 94.8% 95.6% + 0.8%

By Construction Status 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

Previously Owned 93.3% 94.5% + 1.3% 93.2% 94.4% + 1.3% 94.1% 95.0% + 1.0%

New Construction 99.4% 99.1% - 0.3% 99.2% 98.9% - 0.3% 101.0% 100.4% - 0.6%

All Property Types 94.2% 95.2% + 1.1% 94.1% 95.2% + 1.2% 94.8% 95.6% + 0.8%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 18

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.

All Properties Single-Family Condo-Townhouse

92.1%

95.7% 95.8% 96.0%

95.0%

90.4%

93.7%

96.3% 96.3% 96.0%

94.7%

90.6%

$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

By Price Range4-2016 4-2017

93.3%

99.4%

94.5%

99.1%

Previously Owned New Construction

By Construction Status4-2016 4-2017

+ 1.7%

94.1%

94.8%95.2%

95.6%

Single-Family Condo-Townhouse

By Property Type4-2016 4-2017

+ 0.6% + 0.5% 0.0% + 0.2% + 1.2% + 0.8%+ 1.3% - 0.3%- 0.3%

Page 19: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

Percent of Properties Sold Over List Price

By Price Range 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

$149,999 and Below 17.0% 16.9% - 0.6% 17.5% 18.1% + 3.3% 14.1% 10.6% - 24.4%

$150,000 to $199,999 15.0% 14.1% - 6.2% 15.4% 14.7% - 4.8% 10.0% 6.8% - 32.1%

$200,000 to $299,999 13.5% 11.6% - 14.5% 13.7% 12.1% - 11.9% 11.2% 4.6% - 58.4%

$300,000 to $499,999 11.2% 9.8% - 12.9% 11.4% 10.5% - 8.1% 9.2% 2.6% - 72.0%

$500,000 to $999,999 5.5% 4.2% - 24.1% 5.7% 4.7% - 17.8% 3.7% 0.0% - 100.0%

$1,000,000 and Above 20.2% 19.0% - 5.9% 21.3% 20.5% - 3.8% 16.3% 14.4% - 11.8%

All Price Ranges 16.7% 15.4% - 7.7% 17.0% 16.1% - 5.6% 14.6% 11.4% - 21.9%

By Construction Status 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

Previously Owned 15.0% 14.1% - 6.2% 15.4% 14.8% - 4.3% 12.8% 10.4% - 18.4%

New Construction 26.2% 22.4% - 14.7% 25.7% 22.7% - 11.8% 30.3% 19.4% - 36.0%

All Property Types 16.7% 15.4% - 7.7% 17.0% 16.1% - 5.6% 14.6% 11.4% - 21.9%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 19

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

All Properties Single-Family Condo-Townhouse

17.0%15.0%

13.5%11.2%

5.5%

20.2%

16.9%

14.1%

11.6%9.8%

4.2%

19.0%

$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 Range4-2016 4-2017

15.0%

26.2%

14.1%

22.4%

Previously Owned New Construction

By Construction Status4-2016 4-2017

- 0.6%

17.0%

14.6%16.1%

11.4%

Single-Family Condo-Townhouse

By Property Type4-2016 4-2017

- 6.2% - 14.5% - 12.9% - 5.9% - 5.6% - 21.9%- 6.2% - 14.7%- 24.1%

Page 20: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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.

By Price Range 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

$149,999 and Below 3,074 1,723 - 43.9% 2,466 1,395 - 43.4% 608 328 - 46.1%

$150,000 to $199,999 1,374 904 - 34.2% 1,152 726 - 37.0% 222 178 - 19.8%

$200,000 to $299,999 2,194 1,931 - 12.0% 2,000 1,707 - 14.7% 194 224 + 15.5%

$300,000 to $499,999 2,175 2,181 + 0.3% 1,979 1,988 + 0.5% 196 193 - 1.5%

$500,000 to $999,999 1,200 1,123 - 6.4% 1,075 1,005 - 6.5% 125 118 - 5.6%

$1,000,000 and Above 489 486 - 0.6% 447 445 - 0.4% 42 41 - 2.4%

All Price Ranges 10,506 8,348 - 20.5% 9,119 7,266 - 20.3% 1,387 1,082 - 22.0%

By Construction Status 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

Previously Owned 8,890 6,965 - 21.7% 7,683 6,034 - 21.5% 1,207 931 - 22.9%

New Construction 1,616 1,383 - 14.4% 1,436 1,232 - 14.2% 180 151 - 16.1%

All Property Types 10,506 8,348 - 20.5% 9,119 7,266 - 20.3% 1,387 1,082 - 22.0%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 20

All Properties Single-Family Condo-Townhouse

3,074

1,374

2,194 2,175

1,200

489

1,723

904

1,9312,181

1,123

486

$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 Range4-2016 4-2017

8,890

1,616

6,965

1,383

Previously Owned New Construction

By Construction Status4-2016 4-2017

- 43.9%

9,119

1,387

7,266

1,082

Single-Family Condo-Townhouse

By Property Type4-2016 4-2017

- 34.2% - 12.0% + 0.3% - 0.6% - 20.3% - 22.0%- 21.7% - 14.4%- 6.4%

Page 21: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

Months Supply of Inventory

By Price Range 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

$149,999 and Below 3.3 2.2 - 33.3% 3.5 2.3 - 34.3% 2.9 1.7 - 41.4%

$150,000 to $199,999 3.5 2.1 - 40.0% 3.4 2.0 - 41.2% 4.0 2.7 - 32.5%

$200,000 to $299,999 4.2 3.3 - 21.4% 4.1 3.1 - 24.4% 5.5 5.3 - 3.6%

$300,000 to $499,999 6.1 5.6 - 8.2% 6.0 5.5 - 8.3% 7.1 6.8 - 4.2%

$500,000 to $999,999 10.9 8.6 - 21.1% 10.8 8.6 - 20.4% 12.7 9.0 - 29.1%

$1,000,000 and Above 23.8 18.8 - 21.0% 24.4 19.4 - 20.5% 17.1 13.7 - 19.9%

All Price Ranges 4.5 3.5 - 22.2% 4.6 3.6 - 21.7% 4.1 3.1 - 24.4%

By Construction Status 4-2016 4-2017 Change 4-2016 4-2017 Change 4-2016 4-2017 Change

Previously Owned 4.5 3.5 - 22.4% 4.6 3.6 - 22.0% 4.0 3.0 - 24.4%

New Construction 4.6 3.8 - 17.7% 4.5 3.7 - 17.0% 4.9 3.8 - 23.0%

All Property Types 4.5 3.5 - 22.2% 4.6 3.6 - 21.7% 4.1 3.1 - 24.4%

Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. Report © 2017 ShowingTime. | 21

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.

All Properties Single-Family Condo-Townhouse

3.3 3.5 4.26.1

10.9

23.8

2.2 2.13.3

5.6

8.6

18.8

$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 Range4-2016 4-2017

4.5 4.6

3.5 3.8

Previously Owned New Construction

By Construction Status4-2016 4-2017

- 33.3%

4.64.1

3.63.1

Single-Family Condo-Townhouse

By Property Type4-2016 4-2017

- 40.0% - 21.4% - 8.2% - 21.0% - 21.7% - 24.4%- 22.4% - 17.7%- 21.1%

Page 22: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 312 321 + 2.9% 1,189 1,254 + 5.5%

Closed Sales 242 227 - 6.2% 851 791 - 7.1%

Median Sales Price* $189,995 $225,000 + 18.4% $187,000 $221,500 + 18.4%

Percent of Original List Price Received* 96.5% 96.2% - 0.3% 95.2% 96.1% + 0.9%

Percent of Properties Sold Over List Price* 19.0% 17.2% - 9.5% 17.0% 13.2% - 22.4%

Days on Market Until Sale 69 62 - 10.1% 71 65 - 8.5%

Inventory of Homes for Sale 774 727 - 6.1% -- -- --

Months Supply of Inventory 3.4 3.3 - 2.9% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

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

+ 2.9% - 6.2% + 18.4%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 01 April Year to Date

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

1,189

851

1,254

791

New Listings Closed Sales

Year to Date 2016 2017

- 7.1%+ 5.5%

312

242

321

227

New Listings Closed Sales

April 2016 2017

- 6.2%+ 2.9%

Page 23: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 384 366 - 4.7% 1,534 1,436 - 6.4%

Closed Sales 338 286 - 15.4% 1,125 1,032 - 8.3%

Median Sales Price* $186,000 $189,500 + 1.9% $175,000 $178,450 + 2.0%

Percent of Original List Price Received* 96.3% 96.6% + 0.3% 95.3% 96.3% + 1.0%

Percent of Properties Sold Over List Price* 19.5% 17.8% - 8.7% 17.3% 13.0% - 24.9%

Days on Market Until Sale 58 61 + 5.2% 70 70 0.0%

Inventory of Homes for Sale 971 749 - 22.9% -- -- --

Months Supply of Inventory 3.2 2.6 - 18.8% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Southside

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

Southside- 4.7% - 15.4% + 1.9%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 02 April Year to Date

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

1,534

1,125

1,436

1,032

New Listings Closed Sales

Year to Date 2016 2017

- 8.3%- 6.4%

384338366

286

New Listings Closed Sales

April 2016 2017

- 15.4%- 4.7%

Page 24: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 77 70 - 9.1% 327 261 - 20.2%

Closed Sales 60 36 - 40.0% 184 164 - 10.9%

Median Sales Price* $272,500 $230,000 - 15.6% $252,750 $245,000 - 3.1%

Percent of Original List Price Received* 94.8% 93.1% - 1.8% 93.8% 92.8% - 1.1%

Percent of Properties Sold Over List Price* 8.3% 5.6% - 32.5% 9.8% 6.7% - 31.6%

Days on Market Until Sale 72 82 + 13.9% 79 93 + 17.7%

Inventory of Homes for Sale 277 200 - 27.8% -- -- --

Months Supply of Inventory 5.5 4.2 - 23.6% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Riverside / Avondale / Ortega

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

Riverside / Avondale / Ortega

- 9.1% - 40.0% - 15.6%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 03 April Year to Date

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

327

184

261

164

New Listings Closed Sales

Year to Date 2016 2017

- 10.9%- 20.2%

77

6070

36

New Listings Closed Sales

April 2016 2017

- 40.0%- 9.1%

Page 25: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 200 230 + 15.0% 839 874 + 4.2%

Closed Sales 174 183 + 5.2% 640 612 - 4.4%

Median Sales Price* $167,250 $172,750 + 3.3% $146,900 $168,700 + 14.8%

Percent of Original List Price Received* 95.5% 96.6% + 1.2% 94.7% 96.5% + 1.9%

Percent of Properties Sold Over List Price* 14.9% 19.2% + 28.9% 17.8% 17.8% 0.0%

Days on Market Until Sale 69 63 - 8.7% 74 64 - 13.5%

Inventory of Homes for Sale 489 412 - 15.7% -- -- --

Months Supply of Inventory 2.8 2.5 - 10.7% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Arlington / Fort Caroline

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

Arlington / Fort Caroline

+ 15.0% + 5.2% + 3.3%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 04 April Year to Date

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

839

640

874

612

New Listings Closed Sales

Year to Date 2016 2017

- 4.4%+ 4.2%

200174

230

183

New Listings Closed Sales

April 2016 2017

+ 5.2%+ 15.0%

Page 26: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 160 120 - 25.0% 554 486 - 12.3%

Closed Sales 98 106 + 8.2% 366 376 + 2.7%

Median Sales Price* $97,700 $115,000 + 17.7% $83,725 $115,000 + 37.4%

Percent of Original List Price Received* 93.0% 93.3% + 0.3% 93.4% 94.0% + 0.6%

Percent of Properties Sold Over List Price* 19.4% 11.3% - 41.8% 19.7% 14.6% - 25.9%

Days on Market Until Sale 68 80 + 17.6% 66 72 + 9.1%

Inventory of Homes for Sale 362 227 - 37.3% -- -- --

Months Supply of Inventory 3.8 2.2 - 42.1% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Hyde Grove / Murray Hill / Lakeshore / Wesconnett

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

Hyde Grove / Murray Hill / Lakeshore / Wesconnett

- 25.0% + 8.2% + 17.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 05 April Year to Date

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

554

366

486

376

New Listings Closed Sales

Year to Date 2016 2017

+ 2.7%- 12.3%

160

98120

106

New Listings Closed Sales

April 2016 2017

+ 8.2%- 25.0%

Page 27: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 185 171 - 7.6% 735 660 - 10.2%

Closed Sales 148 147 - 0.7% 524 469 - 10.5%

Median Sales Price* $128,000 $152,250 + 18.9% $123,745 $150,000 + 21.2%

Percent of Original List Price Received* 95.9% 96.8% + 0.9% 94.7% 95.6% + 1.0%

Percent of Properties Sold Over List Price* 23.0% 22.6% - 1.7% 21.0% 16.9% - 19.5%

Days on Market Until Sale 62 51 - 17.7% 69 62 - 10.1%

Inventory of Homes for Sale 510 320 - 37.3% -- -- --

Months Supply of Inventory 3.7 2.3 - 37.8% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

West Jacksonville

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

West Jacksonville- 7.6% - 0.7% + 18.9%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 06 April Year to Date

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

735

524

660

469

New Listings Closed Sales

Year to Date 2016 2017

- 10.5%- 10.2%

185

148171

147

New Listings Closed Sales

April 2016 2017

- 0.7%- 7.6%

Page 28: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 131 158 + 20.6% 556 614 + 10.4%

Closed Sales 95 101 + 6.3% 355 389 + 9.6%

Median Sales Price* $35,000 $45,150 + 29.0% $30,000 $46,000 + 53.3%

Percent of Original List Price Received* 90.5% 93.9% + 3.8% 88.7% 91.6% + 3.3%

Percent of Properties Sold Over List Price* 23.2% 16.8% - 27.6% 20.3% 15.2% - 25.1%

Days on Market Until Sale 87 72 - 17.2% 98 76 - 22.4%

Inventory of Homes for Sale 498 347 - 30.3% -- -- --

Months Supply of Inventory 5.8 3.4 - 41.4% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

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

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

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

+ 20.6% + 6.3% + 29.0%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 07 April Year to Date

- 80%

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

556

355

614

389

New Listings Closed Sales

Year to Date 2016 2017

+ 9.6%+ 10.4%

131

95

158

101

New Listings Closed Sales

April 2016 2017

+ 6.3%+ 20.6%

Page 29: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 39 14 - 64.1% 149 85 - 43.0%

Closed Sales 22 13 - 40.9% 85 65 - 23.5%

Median Sales Price* $152,495 $150,000 - 1.6% $159,410 $145,000 - 9.0%

Percent of Original List Price Received* 94.0% 93.7% - 0.3% 95.9% 93.0% - 3.0%

Percent of Properties Sold Over List Price* 27.3% 15.4% - 43.6% 24.7% 10.8% - 56.3%

Days on Market Until Sale 81 62 - 23.5% 84 69 - 17.9%

Inventory of Homes for Sale 107 46 - 57.0% -- -- --

Months Supply of Inventory 4.4 2.0 - 54.5% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Marietta / Whitehouse / Baldwin / Garden St / Dinsmore

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

Marietta / Whitehouse / Baldwin / Garden St / Dinsmore

- 64.1% - 40.9% - 1.6%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 08 April Year to Date

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

149

858565

New Listings Closed Sales

Year to Date 2016 2017

- 23.5%- 43.0%

39

22

14 13

New Listings Closed Sales

April 2016 2017

- 40.9%- 64.1%

Page 30: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 173 183 + 5.8% 676 687 + 1.6%

Closed Sales 128 97 - 24.2% 437 462 + 5.7%

Median Sales Price* $185,000 $182,500 - 1.4% $175,000 $185,610 + 6.1%

Percent of Original List Price Received* 97.1% 96.1% - 1.0% 95.5% 95.3% - 0.2%

Percent of Properties Sold Over List Price* 18.0% 20.6% + 14.4% 19.5% 18.7% - 4.1%

Days on Market Until Sale 83 69 - 16.9% 93 78 - 16.1%

Inventory of Homes for Sale 520 392 - 24.6% -- -- --

Months Supply of Inventory 4.3 3.1 - 27.9% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Jacksonville - North

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

Jacksonville - North+ 5.8% - 24.2% - 1.4%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 09 April Year to Date

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

+ 30%

+ 35%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

676

437

687

462

New Listings Closed Sales

Year to Date 2016 2017

+ 5.7%+ 1.6%

173

128

183

97

New Listings Closed Sales

April 2016 2017

- 24.2%+ 5.8%

Page 31: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 84 92 + 9.5% 347 332 - 4.3%

Closed Sales 57 74 + 29.8% 165 221 + 33.9%

Median Sales Price* $236,500 $243,450 + 2.9% $234,319 $242,000 + 3.3%

Percent of Original List Price Received* 95.5% 96.5% + 1.0% 94.6% 95.7% + 1.2%

Percent of Properties Sold Over List Price* 15.8% 14.9% - 5.7% 12.1% 12.2% + 0.8%

Days on Market Until Sale 62 67 + 8.1% 75 89 + 18.7%

Inventory of Homes for Sale 234 196 - 16.2% -- -- --

Months Supply of Inventory 4.3 3.6 - 16.3% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Fleming Island Area

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

Fleming Island Area+ 9.5% + 29.8% + 2.9%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 12 April Year to Date

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

347

165

332

221

New Listings Closed Sales

Year to Date 2016 2017

+ 33.9%- 4.3%

84

57

92

74

New Listings Closed Sales

April 2016 2017

+ 29.8%+ 9.5%

Page 32: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 178 182 + 2.2% 771 729 - 5.4%

Closed Sales 160 131 - 18.1% 552 537 - 2.7%

Median Sales Price* $159,950 $171,000 + 6.9% $147,038 $160,984 + 9.5%

Percent of Original List Price Received* 96.6% 97.7% + 1.1% 94.7% 96.2% + 1.6%

Percent of Properties Sold Over List Price* 19.4% 29.0% + 49.5% 16.5% 19.4% + 17.6%

Days on Market Until Sale 64 58 - 9.4% 75 64 - 14.7%

Inventory of Homes for Sale 508 338 - 33.5% -- -- --

Months Supply of Inventory 3.3 2.3 - 30.3% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Orange Park

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

Orange Park+ 2.2% - 18.1% + 6.9%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 13 April Year to Date

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

771

552

729

537

New Listings Closed Sales

Year to Date 2016 2017

- 2.7%- 5.4%

178160

182

131

New Listings Closed Sales

April 2016 2017

- 18.1%+ 2.2%

Page 33: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 130 93 - 28.5% 429 400 - 6.8%

Closed Sales 84 75 - 10.7% 325 282 - 13.2%

Median Sales Price* $180,538 $175,000 - 3.1% $164,000 $172,000 + 4.9%

Percent of Original List Price Received* 94.7% 96.6% + 2.0% 93.7% 95.3% + 1.7%

Percent of Properties Sold Over List Price* 16.7% 16.0% - 4.2% 16.0% 14.2% - 11.3%

Days on Market Until Sale 98 84 - 14.3% 89 81 - 9.0%

Inventory of Homes for Sale 355 221 - 37.7% -- -- --

Months Supply of Inventory 4.3 2.6 - 39.5% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Middleburg Vicinity

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

Middleburg Vicinity- 28.5% - 10.7% - 3.1%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 14 April Year to Date

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

429

325400

282

New Listings Closed Sales

Year to Date 2016 2017

- 13.2%- 6.8%

130

849375

New Listings Closed Sales

April 2016 2017

- 10.7%- 28.5%

Page 34: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 30 28 - 6.7% 116 103 - 11.2%

Closed Sales 21 19 - 9.5% 55 56 + 1.8%

Median Sales Price* $84,000 $138,000 + 64.3% $80,000 $92,450 + 15.6%

Percent of Original List Price Received* 92.0% 88.9% - 3.4% 90.1% 90.9% + 0.9%

Percent of Properties Sold Over List Price* 14.3% 21.1% + 47.6% 12.7% 16.1% + 26.8%

Days on Market Until Sale 109 109 0.0% 123 104 - 15.4%

Inventory of Homes for Sale 145 106 - 26.9% -- -- --

Months Supply of Inventory 9.7 6.7 - 30.9% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Keystone Heights Vicinity

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

Keystone Heights Vicinity

- 6.7% - 9.5% + 64.3%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 15 April Year to Date

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

116

55

103

56

New Listings Closed Sales

Year to Date 2016 2017

+ 1.8%- 11.2%

30

21

28

19

New Listings Closed Sales

April 2016 2017

- 9.5%- 6.7%

Page 35: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 26 33 + 26.9% 135 137 + 1.5%

Closed Sales 30 27 - 10.0% 93 85 - 8.6%

Median Sales Price* $173,995 $182,000 + 4.6% $195,000 $185,000 - 5.1%

Percent of Original List Price Received* 94.2% 99.3% + 5.4% 94.0% 96.6% + 2.8%

Percent of Properties Sold Over List Price* 13.3% 14.8% + 11.3% 18.5% 11.8% - 36.2%

Days on Market Until Sale 103 87 - 15.5% 110 87 - 20.9%

Inventory of Homes for Sale 105 106 + 1.0% -- -- --

Months Supply of Inventory 3.9 5.1 + 30.8% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Green Cove Springs

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

Green Cove Springs+ 26.9% - 10.0% + 4.6%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 16 April Year to Date

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

135

93

137

85

New Listings Closed Sales

Year to Date 2016 2017

- 8.6%+ 1.5%

2630

33

27

New Listings Closed Sales

April 2016 2017

- 10.0%+ 26.9%

Page 36: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 74 110 + 48.6% 273 341 + 24.9%

Closed Sales 51 65 + 27.5% 172 186 + 8.1%

Median Sales Price* $284,000 $369,000 + 29.9% $299,000 $350,000 + 17.1%

Percent of Original List Price Received* 95.0% 96.2% + 1.3% 94.1% 95.6% + 1.6%

Percent of Properties Sold Over List Price* 13.7% 10.8% - 21.2% 7.6% 10.8% + 42.1%

Days on Market Until Sale 95 62 - 34.7% 100 70 - 30.0%

Inventory of Homes for Sale 227 220 - 3.1% -- -- --

Months Supply of Inventory 4.2 4.3 + 2.4% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Jacksonville Beach

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

Jacksonville Beach+ 48.6% + 27.5% + 29.9%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 21 April Year to Date

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

273

172

341

186

New Listings Closed Sales

Year to Date 2016 2017

+ 8.1%+ 24.9%

74

51

110

65

New Listings Closed Sales

April 2016 2017

+ 27.5%+ 48.6%

Page 37: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 17 15 - 11.8% 53 55 + 3.8%

Closed Sales 10 18 + 80.0% 37 42 + 13.5%

Median Sales Price* $331,500 $342,500 + 3.3% $343,000 $353,000 + 2.9%

Percent of Original List Price Received* 94.1% 94.7% + 0.6% 94.8% 93.5% - 1.4%

Percent of Properties Sold Over List Price* 20.0% 5.6% - 72.0% 10.8% 9.5% - 12.0%

Days on Market Until Sale 82 91 + 11.0% 74 76 + 2.7%

Inventory of Homes for Sale 41 32 - 22.0% -- -- --

Months Supply of Inventory 3.9 2.9 - 25.6% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Neptune Beach

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

Neptune Beach- 11.8% + 80.0% + 3.3%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 22 April Year to Date

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

53

37

55

42

New Listings Closed Sales

Year to Date 2016 2017

+ 13.5%+ 3.8%

17

10

1518

New Listings Closed Sales

April 2016 2017

+ 80.0%- 11.8%

Page 38: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 40 29 - 27.5% 160 148 - 7.5%

Closed Sales 30 24 - 20.0% 107 102 - 4.7%

Median Sales Price* $292,000 $273,750 - 6.3% $265,000 $275,000 + 3.8%

Percent of Original List Price Received* 96.0% 94.6% - 1.5% 93.5% 94.5% + 1.1%

Percent of Properties Sold Over List Price* 13.3% 16.7% + 25.6% 15.0% 15.8% + 5.3%

Days on Market Until Sale 61 121 + 98.4% 80 73 - 8.8%

Inventory of Homes for Sale 124 95 - 23.4% -- -- --

Months Supply of Inventory 4.4 3.3 - 25.0% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Atlantic Beach

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

Atlantic Beach- 27.5% - 20.0% - 6.3%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

Region 23 April Year to Date

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

160

107

148

102

New Listings Closed Sales

Year to Date 2016 2017

- 4.7%- 7.5%

40

302924

New Listings Closed Sales

April 2016 2017

- 20.0%- 27.5%

Page 39: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 36 30 - 16.7% 118 131 + 11.0%

Closed Sales 18 25 + 38.9% 60 75 + 25.0%

Median Sales Price* $292,000 $695,000 + 138.0% $282,500 $699,447 + 147.6%

Percent of Original List Price Received* 93.5% 92.4% - 1.2% 93.5% 93.1% - 0.4%

Percent of Properties Sold Over List Price* 5.6% 12.0% + 114.3% 6.7% 8.0% + 19.4%

Days on Market Until Sale 100 96 - 4.0% 95 98 + 3.2%

Inventory of Homes for Sale 127 124 - 2.4% -- -- --

Months Supply of Inventory 7.6 7.2 - 5.3% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

NE St. Johns County – Ponte Vedra Beach North

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

NE St. Johns County – Ponte Vedra Beach North

- 16.7% + 38.9% + 138.0%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 25 April Year to Date

- 80%

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

118

60

131

75

New Listings Closed Sales

Year to Date 2016 2017

+ 25.0%+ 11.0%

36

18

3025

New Listings Closed Sales

April 2016 2017

+ 38.9%- 16.7%

Page 40: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 140 112 - 20.0% 452 413 - 8.6%

Closed Sales 54 59 + 9.3% 187 194 + 3.7%

Median Sales Price* $370,000 $510,000 + 37.8% $375,000 $475,000 + 26.7%

Percent of Original List Price Received* 92.3% 95.3% + 3.3% 93.0% 94.8% + 1.9%

Percent of Properties Sold Over List Price* 3.7% 13.6% + 267.6% 4.8% 12.4% + 158.3%

Days on Market Until Sale 126 86 - 31.7% 104 96 - 7.7%

Inventory of Homes for Sale 466 365 - 21.7% -- -- --

Months Supply of Inventory 8.6 6.5 - 24.4% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

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

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

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

- 20.0% + 9.3% + 37.8%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 26 April Year to Date

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

452

187

413

194

New Listings Closed Sales

Year to Date 2016 2017

+ 3.7%- 8.6%

140

54

112

59

New Listings Closed Sales

April 2016 2017

+ 9.3%- 20.0%

Page 41: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 99 104 + 5.1% 397 333 - 16.1%

Closed Sales 67 56 - 16.4% 232 210 - 9.5%

Median Sales Price* $343,357 $375,640 + 9.4% $378,280 $365,408 - 3.4%

Percent of Original List Price Received* 98.7% 96.7% - 2.0% 99.4% 97.6% - 1.8%

Percent of Properties Sold Over List Price* 27.3% 10.7% - 60.8% 29.0% 15.2% - 47.6%

Days on Market Until Sale 42 121 + 188.1% 44 105 + 138.6%

Inventory of Homes for Sale 287 257 - 10.5% -- -- --

Months Supply of Inventory 4.4 3.7 - 15.9% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Ponte Vedra / Nocatee (St. Johns County)

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

Ponte Vedra / Nocatee (St. Johns County)

+ 5.1% - 16.4% + 9.4%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 27 April Year to Date

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

397

232

333

210

New Listings Closed Sales

Year to Date 2016 2017

- 9.5%- 16.1%

99

67

104

56

New Listings Closed Sales

April 2016 2017

- 16.4%+ 5.1%

Page 42: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 340 347 + 2.1% 1,309 1,302 - 0.5%

Closed Sales 205 189 - 7.8% 678 747 + 10.2%

Median Sales Price* $265,000 $280,068 + 5.7% $274,800 $286,500 + 4.3%

Percent of Original List Price Received* 96.9% 95.5% - 1.4% 95.9% 96.1% + 0.2%

Percent of Properties Sold Over List Price* 17.1% 11.6% - 32.2% 17.8% 12.0% - 32.6%

Days on Market Until Sale 77 74 - 3.9% 87 86 - 1.1%

Inventory of Homes for Sale 991 860 - 13.2% -- -- --

Months Supply of Inventory 5.0 3.8 - 24.0% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

St. Johns County - NW

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

St. Johns County - NW

+ 2.1% - 7.8% + 5.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 30 April Year to Date

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

1,309

678

1,302

747

New Listings Closed Sales

Year to Date 2016 2017

+ 10.2%- 0.5%

340

205

347

189

New Listings Closed Sales

April 2016 2017

- 7.8%+ 2.1%

Page 43: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 43 35 - 18.6% 159 182 + 14.5%

Closed Sales 34 15 - 55.9% 101 75 - 25.7%

Median Sales Price* $332,015 $440,000 + 32.5% $375,990 $395,000 + 5.1%

Percent of Original List Price Received* 95.8% 93.5% - 2.4% 96.8% 95.4% - 1.4%

Percent of Properties Sold Over List Price* 11.8% 20.0% + 69.5% 11.9% 6.7% - 43.7%

Days on Market Until Sale 127 143 + 12.6% 119 110 - 7.6%

Inventory of Homes for Sale 171 158 - 7.6% -- -- --

Months Supply of Inventory 6.4 6.1 - 4.7% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

St. Johns County - NE

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

St. Johns County - NE

- 18.6% - 55.9% + 32.5%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 31 April Year to Date

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

159

101

182

75

New Listings Closed Sales

Year to Date 2016 2017

- 25.7%+ 14.5%

43

3435

15

New Listings Closed Sales

April 2016 2017

- 55.9%- 18.6%

Page 44: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 17 20 + 17.6% 84 57 - 32.1%

Closed Sales 14 8 - 42.9% 47 23 - 51.1%

Median Sales Price* $332,500 $337,500 + 1.5% $266,500 $326,850 + 22.6%

Percent of Original List Price Received* 94.0% 94.7% + 0.7% 91.4% 93.0% + 1.8%

Percent of Properties Sold Over List Price* 0.0% 0.0% -- 6.4% 8.7% + 35.9%

Days on Market Until Sale 114 129 + 13.2% 131 132 + 0.8%

Inventory of Homes for Sale 102 79 - 22.5% -- -- --

Months Supply of Inventory 9.4 8.2 - 12.8% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

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

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

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

+ 17.6% - 42.9% + 1.5%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 32 April Year to Date

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

84

4757

23

New Listings Closed Sales

Year to Date 2016 2017

- 51.1%- 32.1%

1714

20

8

New Listings Closed Sales

April 2016 2017

- 42.9%+ 17.6%

Page 45: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 132 148 + 12.1% 525 631 + 20.2%

Closed Sales 85 72 - 15.3% 314 313 - 0.3%

Median Sales Price* $215,000 $235,950 + 9.7% $207,125 $235,000 + 13.5%

Percent of Original List Price Received* 94.1% 94.2% + 0.1% 95.5% 94.6% - 0.9%

Percent of Properties Sold Over List Price* 4.7% 13.9% + 195.7% 7.6% 8.6% + 13.2%

Days on Market Until Sale 88 79 - 10.2% 87 92 + 5.7%

Inventory of Homes for Sale 468 505 + 7.9% -- -- --

Months Supply of Inventory 5.5 5.2 - 5.5% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

St. Johns County - SE

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

St. Johns County - SE

+ 12.1% - 15.3% + 9.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 33 April Year to Date

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

525

314

631

313

New Listings Closed Sales

Year to Date 2016 2017

- 0.3%+ 20.2%

132

85

148

72

New Listings Closed Sales

April 2016 2017

- 15.3%+ 12.1%

Page 46: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 13 11 - 15.4% 62 52 - 16.1%

Closed Sales 9 15 + 66.7% 31 33 + 6.5%

Median Sales Price* $150,000 $226,000 + 50.7% $130,000 $225,000 + 73.1%

Percent of Original List Price Received* 95.4% 96.9% + 1.6% 92.5% 97.2% + 5.1%

Percent of Properties Sold Over List Price* 0.0% 26.7% -- 9.7% 24.2% + 149.5%

Days on Market Until Sale 31 79 + 154.8% 89 84 - 5.6%

Inventory of Homes for Sale 62 31 - 50.0% -- -- --

Months Supply of Inventory 7.4 3.4 - 54.1% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

St. Johns County - SW

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

St. Johns County - SW

- 15.4% + 66.7% + 50.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 34 April Year to Date

- 100%

- 50%

0%

+ 50%

+ 100%

+ 150%

+ 200%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

62

31

52

33

New Listings Closed Sales

Year to Date 2016 2017

+ 6.5%- 16.1%

13

911

15

New Listings Closed Sales

April 2016 2017

+ 66.7%- 15.4%

Page 47: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 44 44 0.0% 176 181 + 2.8%

Closed Sales 42 31 - 26.2% 119 126 + 5.9%

Median Sales Price* $60,900 $74,900 + 23.0% $65,000 $88,500 + 36.2%

Percent of Original List Price Received* 85.0% 88.3% + 3.9% 86.0% 88.7% + 3.1%

Percent of Properties Sold Over List Price* 14.3% 16.1% + 12.6% 11.8% 12.7% + 7.6%

Days on Market Until Sale 139 128 - 7.9% 107 146 + 36.4%

Inventory of Homes for Sale 252 171 - 32.1% -- -- --

Months Supply of Inventory 7.6 5.0 - 34.2% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Putnam County NE

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

Putnam County NE0.0% - 26.2% + 23.0%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 56 April Year to Date

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

176

119

181

126

New Listings Closed Sales

Year to Date 2016 2017

+ 5.9%+ 2.8%

44 4244

31

New Listings Closed Sales

April 2016 2017

- 26.2%0.0%

Page 48: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 40 28 - 30.0% 131 110 - 16.0%

Closed Sales 23 21 - 8.7% 82 79 - 3.7%

Median Sales Price* $42,000 $90,000 + 114.3% $40,051 $55,000 + 37.3%

Percent of Original List Price Received* 88.0% 95.1% + 8.1% 86.8% 90.5% + 4.3%

Percent of Properties Sold Over List Price* 13.0% 14.3% + 10.0% 8.8% 14.5% + 64.8%

Days on Market Until Sale 112 110 - 1.8% 131 128 - 2.3%

Inventory of Homes for Sale 185 127 - 31.4% -- -- --

Months Supply of Inventory 8.8 6.4 - 27.3% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Putnam County - West

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

Putnam County - West

- 30.0% - 8.7% + 114.3%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 57 April Year to Date

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

131

82

110

79

New Listings Closed Sales

Year to Date 2016 2017

- 3.7%- 16.0%

40

2328

21

New Listings Closed Sales

April 2016 2017

- 8.7%- 30.0%

Page 49: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 28 41 + 46.4% 130 136 + 4.6%

Closed Sales 25 23 - 8.0% 92 94 + 2.2%

Median Sales Price* $44,500 $70,000 + 57.3% $52,500 $70,500 + 34.3%

Percent of Original List Price Received* 84.1% 86.7% + 3.1% 87.2% 88.0% + 0.9%

Percent of Properties Sold Over List Price* 4.2% 4.3% + 2.4% 11.0% 5.3% - 51.8%

Days on Market Until Sale 146 132 - 9.6% 142 142 0.0%

Inventory of Homes for Sale 192 148 - 22.9% -- -- --

Months Supply of Inventory 9.0 6.1 - 32.2% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Putnam County - South

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

Putnam County - South

+ 46.4% - 8.0% + 57.3%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 58 April Year to Date

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

130

92

136

94

New Listings Closed Sales

Year to Date 2016 2017

+ 2.2%+ 4.6%

2825

41

23

New Listings Closed Sales

April 2016 2017

- 8.0%+ 46.4%

Page 50: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 26 20 - 23.1% 84 92 + 9.5%

Closed Sales 16 18 + 12.5% 56 71 + 26.8%

Median Sales Price* $140,750 $150,000 + 6.6% $148,500 $145,000 - 2.4%

Percent of Original List Price Received* 90.5% 92.8% + 2.5% 87.1% 93.6% + 7.5%

Percent of Properties Sold Over List Price* 12.5% 16.7% + 33.6% 9.1% 20.0% + 119.8%

Days on Market Until Sale 112 55 - 50.9% 142 87 - 38.7%

Inventory of Homes for Sale 91 69 - 24.2% -- -- --

Months Supply of Inventory 5.4 3.6 - 33.3% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Baker County

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

Baker County- 23.1% + 12.5% + 6.6%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

April Year to Date

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

84

56

92

71

New Listings Closed Sales

Year to Date 2016 2017

+ 26.8%+ 9.5%

26

1620

18

New Listings Closed Sales

April 2016 2017

+ 12.5%- 23.1%

Page 51: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 438 425 - 3.0% 1,770 1,688 - 4.6%

Closed Sales 348 324 - 6.9% 1,178 1,174 - 0.3%

Median Sales Price* $171,790 $182,000 + 5.9% $162,900 $175,355 + 7.6%

Percent of Original List Price Received* 95.6% 96.8% + 1.3% 94.2% 95.7% + 1.6%

Percent of Properties Sold Over List Price* 17.5% 21.3% + 21.7% 15.7% 16.1% + 2.5%

Days on Market Until Sale 78 70 - 10.3% 84 76 - 9.5%

Inventory of Homes for Sale 1,329 964 - 27.5% -- -- --

Months Supply of Inventory 4.0 3.0 - 25.0% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Clay County

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

Clay County- 3.0% - 6.9% + 5.9%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

April Year to Date

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

1,770

1,178

1,688

1,174

New Listings Closed Sales

Year to Date 2016 2017

- 0.3%- 4.6%

438

348425

324

New Listings Closed Sales

April 2016 2017

- 6.9%- 3.0%

Page 52: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 1,809 1,810 + 0.1% 7,113 7,005 - 1.5%

Closed Sales 1,404 1,317 - 6.2% 4,900 4,745 - 3.2%

Median Sales Price* $164,900 $176,402 + 7.0% $154,000 $170,000 + 10.4%

Percent of Original List Price Received* 95.5% 95.9% + 0.4% 94.4% 95.3% + 1.0%

Percent of Properties Sold Over List Price* 18.5% 17.2% - 7.0% 17.7% 14.7% - 16.9%

Days on Market Until Sale 69 66 - 4.3% 76 70 - 7.9%

Inventory of Homes for Sale 4,948 3,817 - 22.9% -- -- --

Months Supply of Inventory 3.8 2.9 - 23.7% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Duval County

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

Duval County+ 0.1% - 6.2% + 7.0%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

April Year to Date

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

7,113

4,900

7,005

4,745

New Listings Closed Sales

Year to Date 2016 2017

- 3.2%- 1.5%

1,809

1,404

1,810

1,317

New Listings Closed Sales

April 2016 2017

- 6.2%+ 0.1%

Page 53: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 125 129 + 3.2% 540 443 - 18.0%

Closed Sales 85 72 - 15.3% 353 314 - 11.0%

Median Sales Price* $187,704 $224,215 + 19.5% $197,500 $220,750 + 11.8%

Percent of Original List Price Received* 94.2% 95.4% + 1.3% 94.6% 94.9% + 0.3%

Percent of Properties Sold Over List Price* 19.0% 12.5% - 34.2% 25.1% 15.3% - 39.0%

Days on Market Until Sale 105 114 + 8.6% 93 107 + 15.1%

Inventory of Homes for Sale 503 344 - 31.6% -- -- --

Months Supply of Inventory 5.5 4.0 - 27.3% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Nassau County

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

Nassau County+ 3.2% - 15.3% + 19.5%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

April Year to Date

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

540

353443

314

New Listings Closed Sales

Year to Date 2016 2017

- 11.0%- 18.0%

125

85

129

72

New Listings Closed Sales

April 2016 2017

- 15.3%+ 3.2%

Page 54: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 112 113 + 0.9% 437 426 - 2.5%

Closed Sales 90 76 - 15.6% 293 299 + 2.0%

Median Sales Price* $48,000 $74,950 + 56.1% $50,000 $75,000 + 50.0%

Percent of Original List Price Received* 85.4% 89.3% + 4.6% 86.6% 88.8% + 2.5%

Percent of Properties Sold Over List Price* 11.2% 11.8% + 5.4% 10.7% 10.8% + 0.9%

Days on Market Until Sale 134 124 - 7.5% 125 140 + 12.0%

Inventory of Homes for Sale 633 445 - 29.7% -- -- --

Months Supply of Inventory 8.4 5.7 - 32.1% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

Putnam County

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

Putnam County+ 0.9% - 15.6% + 56.1%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

April Year to Date

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

437

293

426

299

New Listings Closed Sales

Year to Date 2016 2017

+ 2.0%- 2.5%

112

90

113

76

New Listings Closed Sales

April 2016 2017

- 15.6%+ 0.9%

Page 55: Monthly Indicators - NEFAR.com · Housing Supply Overview Report 14 Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. ... All data represents Realtor-brokered

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

2016 2017 + / – 2016 2017 + / –

New Listings 815 801 - 1.7% 3,075 3,072 - 0.1%

Closed Sales 483 435 - 9.9% 1,648 1,652 + 0.2%

Median Sales Price* $281,900 $305,000 + 8.2% $286,083 $300,000 + 4.9%

Percent of Original List Price Received* 95.8% 95.2% - 0.6% 95.8% 95.7% - 0.1%

Percent of Properties Sold Over List Price* 13.3% 12.9% - 3.0% 14.9% 11.6% - 22.1%

Days on Market Until Sale 85 87 + 2.4% 87 93 + 6.9%

Inventory of Homes for Sale 2,653 2,361 - 11.0% -- -- --

Months Supply of Inventory 5.8 4.7 - 19.0% -- -- --

** 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. | Current as of May 8, 2017. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.

Local Market Update – April 2017

All MLS

St. Johns County

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

St. Johns County- 1.7% - 9.9% + 8.2%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

April Year to Date

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016 7-2016 1-2017

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

a

3,075

1,648

3,072

1,652

New Listings Closed Sales

Year to Date 2016 2017

+ 0.2%- 0.1%

815

483

801

435

New Listings Closed Sales

April 2016 2017

- 9.9%- 1.7%