Jacksonville’s December 2017 Real Estate Market Update

2017 saw the highest number of home sales ever recorded in Northeast Florida – 28,824. Average days on market declined – 71 days – while the median sales price – $205,000- increased for the region.  Jacksonville’s real estate market remains strong entering 2018.  Sellers remain at an advantage in the market as inventory continues to remain low despite rising buyer demand. The market continues to be difficult for first-time and low-income home buyers. Check out a recap of December 2017’s market statistics and an overview of the whole year by clicking below:

Click to read an overview of Northeast Florida’s real estate market for 2017

Source: Northeast Florida Association of Realtors

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