Jacksonville Real Estate Market Update – September 2017

Hurricane Irma Slows the Jacksonville Market

September saw a large dip in new listings and continued low inventory.  Homebuyer demand, however, continues to be strong.  Check out the numbers below and click to see how your specific neighborhood fared this month:

– Homeowners added 2,271 new listings to the market, the lowest number for any month this year and 20.9% less than September 2016.

– 1,835 sales, down 24.8% from a year ago and a sharp drop from 2,712 sales in August.
~ Median sales price was $208,000, up from $205,000 in August and up  from $190,000 in September 2016.
~ 7,985 in inventory at month-end; the lowest number for inventory throughout 2017.

Click to read NEFAR’s September 2017 stats for yourself and see how your neighborhood fared

Source: Northeast Florida Association of Realtors

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