monthly indicators - nefar.com · october 2016 quick facts market predictions have been, in a word,...
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Monthly Indicators A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS
October 2016 Quick Facts
Market Overview 2New Listings 3Pending Sales 4Closed Sales 5Days On Market Until Sale 6Median Sales Price 7Average Sales Price 8
910
Housing Affordability Index 11Inventory of Homes for Sale 12Months Supply of Inventory 13Housing Supply Overview Report 14
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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 .
+ 8.8%Change in
Median Sales Price
As we enter the final quarter of 2016, not much has changed since the year began. Market predictions have been, in a word, predictable. A relatively comfortable pace of activity has been maintained thanks to continuing low unemployment and mortgage rates. The one basic drag on market acceleration has been inventory decline. There is little to indicate that the low inventory situation will resolve anytime soon.
New Listings in the Northeast Florida region decreased 22.0 percent to 2,314. Pending Sales were down 4.5 percent to 2,043. Inventory levels fell 18.2 percent to 8,750 units.
Prices continued to gain traction. The Median Sales Price increased 8.8 percent to $184,900. Days on Market was down 2.5 percent to 78 days. Sellers were encouraged as Months Supply of Inventory was down 19.1 percent to 3.8 months.
Builder confidence is as high as it has been in more than a decade, yet the pace of economic growth has been slow enough to cause pause. A low number of first-time buyer purchases and a looming demographic shift also seem to be curbing the desire to start new single-family construction projects. As older Americans retire and downsize, single-family listings are expected to rise. The waiting is the hardest part.
- 18.2%Change inInventory
- 10.6%Change in
Closed Sales
Area breakouts of 33 submarkets begin after page 21.
Percent of Original List Price Received
Residential real estate activity comprised of single-family properties, townhomes, and condominiums combined.
Percent of Properties Sold Over List Price
Market OverviewKey market metrics for the current month and year-to-date.
Key Metrics Historical Sparklines 10-2015 10-2016 +/- YTD 2015 YTD 2016 +/-
+ 8.3% 12.6% 13.0% + 3.2%
23,476 + 3.3%
$185,000
- 2.5% 83 77 - 7.2%
+ 8.8%
+ 1.3%
190
10,693
80 78
183
$170,000 $184,900
$223,390 + 3.6%
93.9% 95.1%
$215,587
12.0% 13.0%
+ 8.8% $170,000
- 3.7%
--
$210,744 $226,595 + 7.5%
+ 1.3%93.8% 95.0%
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
2,133 1,906 - 10.6% 22,722
New Listings
Pending Sales
Closed Sales
- 2.0%
2,140 2,043 - 4.5% 23,764 24,012 + 1.0%
31,5992,966 2,314 - 22.0% 32,249
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 2
4.7
183 - 3.7%
- 18.2%
- 19.1%
8,750
3.8
190
--
-- --
--
--Months Supplyof Homes for Sale
Inventory of Homes for Sale
10-2013 10-2014 10-2015 10-2016
10-2013 10-2014 10-2015 10-2016
10-2013 10-2014 10-2015 10-2016
10-2013 10-2014 10-2015 10-2016
10-2013 10-2014 10-2015 10-2016
10-2013 10-2014 10-2015 10-2016
10-2013 10-2014 10-2015 10-2016
10-2013 10-2014 10-2015 10-2016
10-2013 10-2014 10-2015 10-2016
10-2013 10-2014 10-2015 10-2016
10-2013 10-2014 10-2015 10-2016
New Listings A count of the properties that have been newly listed on the market in a given month.
MonthPrior Year
Current Year
+ / –
November 2015 2,357 2,441 +3.6%
December 2015 2,120 2,122 +0.1%
January 2016 3,064 3,056 -0.3%
February 2016 2,972 3,184 +7.1%
March 2016 3,355 3,645 +8.6%
April 2016 3,468 3,384 -2.4%
May 2016 3,379 3,373 -0.2%
June 2016 3,511 3,451 -1.7%
July 2016 3,417 3,097 -9.4%
August 2016 3,150 3,257 +3.4%
September 2016 2,967 2,838 -4.3%
October 2016 2,966 2,314 -22.0%
12-Month Avg 3,061 3,014 -1.5%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 3
2,859 2,966
2,314
2014 2015 2016
October
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
Historical New Listing Activity
29,67432,249 31,599
2014 2015 2016
Year To Date
-2.0%+3.7% -22.0% +8.7%
Pending Sales A count of the properties on which contracts have been written in a given month.
MonthPrior Year
Current Year
+ / –
November 2015 1,657 1,892 +14.2%
December 2015 1,649 1,892 +14.7%
January 2016 1,947 2,038 +4.7%
February 2016 2,183 2,311 +5.9%
March 2016 2,548 2,616 +2.7%
April 2016 2,572 2,655 +3.2%
May 2016 2,591 2,680 +3.4%
June 2016 2,625 2,631 +0.2%
July 2016 2,519 2,409 -4.4%
August 2016 2,484 2,403 -3.3%
September 2016 2,155 2,226 +3.3%
October 2016 2,140 2,043 -4.5%
12-Month Avg 2,256 2,316 +2.7%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 4
2,038 2,140 2,043
2014 2015 2016
October
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
Historical Pending Sales Activity
20,43923,764 24,012
2014 2015 2016
Year To Date
+1.0%+5.0% -4.5% +16.3%
Closed Sales A count of actual sales that have closed within a given month.
MonthPrior Year
Current Year
+ / –
November 2015 1,734 1,846 +6.5%
December 2015 2,151 2,291 +6.5%
January 2016 1,491 1,653 +10.9%
February 2016 1,685 1,890 +12.2%
March 2016 2,384 2,535 +6.3%
April 2016 2,357 2,461 +4.4%
May 2016 2,421 2,543 +5.0%
June 2016 2,758 2,882 +4.5%
July 2016 2,712 2,557 -5.7%
August 2016 2,416 2,654 +9.9%
September 2016 2,365 2,395 +1.3%
October 2016 2,133 1,906 -10.6%
12-Month Avg 2,217 2,301 +4.3%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 5
2,052 2,1331,906
2014 2015 2016
October
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
Historical Closed Sales Activity
20,09322,722 23,476
2014 2015 2016
Year To Date
+3.3%+3.9% -10.6% +13.1%
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
+ / –
November 2015 83 80 -3.6%
December 2015 86 84 -2.3%
January 2016 91 84 -7.7%
February 2016 90 89 -1.1%
March 2016 91 82 -9.9%
April 2016 90 78 -13.3%
May 2016 86 75 -12.8%
June 2016 81 73 -9.9%
July 2016 77 69 -10.4%
August 2016 75 72 -4.0%
September 2016 76 74 -2.6%
October 2016 80 78 -2.5%
12-Month Avg 83 78 -7.0%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 6
83 80 78
2014 2015 2016
October
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
Historical Days on Market Until Sale
84 8377
2014 2015 2016
Year To Date
-7.2%-3.6% -2.5% -1.2%
Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month.
MonthPrior Year
Current Year
+ / –
November 2015 $161,000 $164,500 +2.2%
December 2015 $172,000 $179,000 +4.1%
January 2016 $144,000 $164,632 +14.3%
February 2016 $157,000 $160,000 +1.9%
March 2016 $160,000 $179,990 +12.5%
April 2016 $172,000 $180,000 +4.7%
May 2016 $175,000 $191,500 +9.4%
June 2016 $181,000 $195,526 +8.0%
July 2016 $180,000 $193,293 +7.4%
August 2016 $172,900 $190,500 +10.2%
September 2016 $174,920 $189,900 +8.6%
October 2016 $170,000 $184,900 +8.8%
12-Month Med $170,000 $183,953 +8.2%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 7
$161,750$170,000
$184,900
2014 2015 2016
October
$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
Historical Median Sales Price
$157,621$170,000
$185,000
2014 2015 2016
Year To Date
+8.8%+5.1% +8.8% +7.9%
Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month.
MonthPrior Year
Current Year
+ / –
November 2015 $194,820 $214,716 +10.2%
December 2015 $213,038 $224,212 +5.2%
January 2016 $187,076 $206,082 +10.2%
February 2016 $199,554 $202,784 +1.6%
March 2016 $201,250 $214,498 +6.6%
April 2016 $207,500 $223,318 +7.6%
May 2016 $215,254 $232,281 +7.9%
June 2016 $223,830 $237,275 +6.0%
July 2016 $223,261 $238,668 +6.9%
August 2016 $210,628 $238,579 +13.3%
September 2016 $207,978 $233,170 +12.1%
October 2016 $215,587 $223,390 +3.6%
12-Month Avg $209,891 $225,603 +7.5%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 8
$207,048$215,587 $223,390
2014 2015 2016
October
$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
Historical Average Sales Price
$199,983$210,744
$226,595
2014 2015 2016
Year To Date
+ 7.5%+ 4.1% + 3.6% + 5.4%
Percent of Original List Price Received
MonthPrior Year
Current Year
+ / –
November 2015 93.0% 93.9% +1.0%
December 2015 93.2% 93.9% +0.8%
January 2016 92.5% 93.6% +1.2%
February 2016 92.7% 93.5% +0.9%
March 2016 92.9% 94.6% +1.8%
April 2016 93.6% 95.0% +1.5%
May 2016 94.1% 95.2% +1.2%
June 2016 94.4% 95.3% +1.0%
July 2016 94.4% 95.7% +1.4%
August 2016 94.5% 95.6% +1.2%
September 2016 94.2% 95.4% +1.3%
October 2016 93.9% 95.1% +1.3%
12-Month Avg 93.7% 94.8% +1.2%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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.
93.1% 93.9% 95.1%
2014 2015 2016
October
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
Historical Percent of Original List Price Received
92.6% 93.8% 95.0%
2014 2015 2016
Year To Date
+1.3%+0.9% +1.3% +1.3%
Percent of Properties Sold Over List Price
MonthPrior Year
Current Year
+ / –
November 2015 11.1% 12.1% +9.0%
December 2015 12.2% 14.4% +18.0%
January 2016 12.5% 11.9% -4.8%
February 2016 12.3% 12.1% -1.6%
March 2016 12.2% 13.9% +13.9%
April 2016 12.1% 13.2% +9.1%
May 2016 12.7% 12.4% -2.4%
June 2016 13.2% 13.3% +0.8%
July 2016 12.3% 12.7% +3.3%
August 2016 13.4% 13.7% +2.2%
September 2016 12.8% 12.9% +0.8%
October 2016 12.0% 13.0% +8.3%
12-Month Avg 12.4% 13.0% +4.6%
Percent of closed sales that sold for more than the most recent list price.
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 10
11.8% 12.0%13.0%
2014 2015 2016
October
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
Historical Percent of Properties Sold Over List Price
12.3% 12.6% 13.0%
2014 2015 2016
Year To Date
+3.2%+1.8% +8.3% +1.9%
Housing Affordability Index
MonthPrior Year
Current Year
+ / –
November 2015 199 195 -2.0%
December 2015 189 179 -5.3%
January 2016 229 195 -14.8%
February 2016 211 204 -3.3%
March 2016 203 180 -11.3%
April 2016 191 184 -3.7%
May 2016 189 173 -8.5%
June 2016 177 173 -2.3%
July 2016 175 175 0.0%
August 2016 185 178 -3.8%
September 2016 185 178 -3.8%
October 2016 190 183 -3.7%
12-Month Avg 194 183 -5.2%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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.
200 190 183
2014 2015 2016
October
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
Historical Housing Affordability Index
205190 183
2014 2015 2016
Year To Date
-3.7%-5.0% -3.7% -7.3%
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
+ / –
November 2015 11,108 10,443 -6.0%
December 2015 10,544 9,641 -8.6%
January 2016 10,809 9,910 -8.3%
February 2016 10,845 10,087 -7.0%
March 2016 10,859 10,377 -4.4%
April 2016 10,999 10,371 -5.7%
May 2016 11,007 10,336 -6.1%
June 2016 11,002 10,297 -6.4%
July 2016 11,015 10,090 -8.4%
August 2016 10,862 9,914 -8.7%
September 2016 10,772 9,478 -12.0%
October 2016 10,693 8,750 -18.2%
12-Month Avg 10,876 9,975 -8.3%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 12
11,137 10,693
8,750
2014 2015 2016
October
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
Historical Inventory of Homes for Sale
-18.2%-4.0%
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
+ / –
November 2015 5.6 4.6 -17.9%
December 2015 5.3 4.2 -20.8%
January 2016 5.4 4.3 -20.4%
February 2016 5.4 4.4 -18.5%
March 2016 5.3 4.5 -15.1%
April 2016 5.3 4.5 -15.1%
May 2016 5.2 4.4 -15.4%
June 2016 5.1 4.4 -13.7%
July 2016 5.0 4.3 -14.0%
August 2016 4.9 4.3 -12.2%
September 2016 4.8 4.1 -14.6%
October 2016 4.7 3.8 -19.1%
12-Month Avg 5.2 4.3 -16.6%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 13
5.7
4.7
3.8
2014 2015 2016
October
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
Historical Months Supply of Inventory
-19.1%-17.5%
Housing Supply Overview
October 2016 Quick Facts
$500,000 to $999,999 Previously Owned
Pending Sales 15Days on Market Until Sale 16Median Sales Price 17Percent of Original List Price Received 18Percent of Properties Sold Over List Price 19Inventory of Homes for Sale 20Months Supply of Inventory 21
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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 .
Residential real estate activity comprised of single-family properties, townhomes, and condominiums combined.
Single-Family
A RESEARCH TOOL PROVIDED BY THENORTHEAST FLORIDA ASSOCIATION OF REALTORS
+ 21.3% + 3.5% + 3.0%Price Range With Strongest Sales:
Construction Status With Strongest Sales:
Property Type With Strongest Sales:
Pending Sales A count of properties on which offers have been accepted. Based on a rolling 12-month total.
By Price Range 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
$149,999 and Below 11,230 10,490 - 6.6% 8,698 8,042 - 7.5% 2,532 2,448 - 3.3%
$150,000 to $199,999 4,487 4,858 + 8.3% 3,881 4,150 + 6.9% 606 708 + 16.8%
$200,000 to $299,999 5,984 6,391 + 6.8% 5,548 5,947 + 7.2% 436 444 + 1.8%
$300,000 to $499,999 3,925 4,348 + 10.8% 3,593 4,033 + 12.2% 332 315 - 5.1%
$500,000 to $999,999 1,195 1,449 + 21.3% 1,074 1,305 + 21.5% 121 144 + 19.0%
$1,000,000 and Above 249 260 + 4.4% 225 235 + 4.4% 24 25 + 4.2%
All Price Ranges 27,070 27,796 + 2.7% 23,019 23,712 + 3.0% 4,051 4,084 + 0.8%
By Construction Status 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
Previously Owned 23,009 23,811 + 3.5% 19,392 20,125 + 3.8% 3,617 3,686 + 1.9%
New Construction 4,061 3,985 - 1.9% 3,627 3,587 - 1.1% 434 398 - 8.3%
All Property Types 27,070 27,796 + 2.7% 23,019 23,712 + 3.0% 4,051 4,084 + 0.8%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 15
All Properties Single-Family Condo-Townhouse
11,230
4,487
5,984
3,925
1,195249
10,490
4,858
6,391
4,348
1,449
260
$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 Range10-2015 10-2016
23,009
4,061
23,811
3,985
Previously Owned New Construction
By Construction Status10-2015 10-2016
- 6.6%
23,019
4,051
23,712
4,084
Single-Family Condo-Townhouse
By Property Type10-2015 10-2016
+ 8.3% + 6.8% + 10.8% + 4.4% + 3.0% + 0.8%+ 3.5% - 1.9%+ 21.3%
Days on Market Until Sale
By Price Range 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
$149,999 and Below 80 73 - 8.8% 82 76 - 7.3% 73 60 - 17.8%
$150,000 to $199,999 80 70 - 12.5% 79 68 - 13.9% 81 76 - 6.2%
$200,000 to $299,999 82 77 - 6.1% 81 75 - 7.4% 91 93 + 2.2%
$300,000 to $499,999 91 87 - 4.4% 90 85 - 5.6% 98 116 + 18.4%
$500,000 to $999,999 111 105 - 5.4% 107 104 - 2.8% 138 116 - 15.9%
$1,000,000 and Above 135 144 + 6.7% 136 150 + 10.3% 127 94 - 26.0%
All Price Ranges 83 78 - 6.0% 84 78 - 7.1% 80 73 - 8.8%
By Construction Status 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
Previously Owned 81 75 - 7.4% 82 77 - 6.1% 78 68 - 12.8%
New Construction 97 90 - 7.2% 96 88 - 8.3% 102 112 + 9.8%
All Property Types 83 78 - 6.0% 84 78 - 7.1% 80 73 - 8.8%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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
80 80 8291
111
135
73 7077
87
105
144
$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 Range10-2015 10-2016
8197
7590
Previously Owned New Construction
By Construction Status10-2015 10-2016
- 8.8%
84
8078
73
Single-Family Condo-Townhouse
By Property Type10-2015 10-2016
- 12.5% - 6.1% - 4.4% + 6.7% - 7.1% - 8.8%- 7.4% - 7.2%- 5.4%
Median Sales Price
By Construction Status 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
Previously Owned $154,000 $165,000 + 7.1% $163,000 $175,000 + 7.4% $114,000 $125,500 + 10.1%
New Construction $265,990 $279,990 + 5.3% $270,321 $289,801 + 7.2% $177,075 $165,595 - 6.5%
All Construction Statuses $170,000 $183,953 + 8.2% $181,000 $195,000 + 7.7% $119,500 $130,000 + 8.8%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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
$154,000
$265,990
$165,000
$279,990
Previously Owned New Construction
By Construction Status10-2015 10-2016
$170,000 $181,000
$119,500
$183,953 $195,000
$130,000
All Properties Single-Family Condo-Townhouse
By Property Type10-2015 10-2016
+ 7.7% + 8.8%+ 7.1% + 8.2%+ 5.3%
Percent of Original List Price Received
By Price Range 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
$149,999 and Below 91.5% 93.0% + 1.6% 90.9% 92.5% + 1.8% 93.5% 94.8% + 1.4%
$150,000 to $199,999 95.2% 96.1% + 0.9% 95.1% 95.9% + 0.8% 95.7% 96.9% + 1.3%
$200,000 to $299,999 95.5% 96.2% + 0.7% 95.5% 96.2% + 0.7% 94.9% 95.8% + 0.9%
$300,000 to $499,999 95.7% 96.1% + 0.4% 95.8% 96.2% + 0.4% 95.2% 95.5% + 0.3%
$500,000 to $999,999 94.5% 94.8% + 0.3% 94.7% 94.8% + 0.1% 92.8% 94.3% + 1.6%
$1,000,000 and Above 90.2% 90.1% - 0.1% 90.2% 89.6% - 0.7% 90.3% 94.5% + 4.7%
All Price Ranges 93.7% 94.8% + 1.2% 93.6% 94.7% + 1.2% 94.1% 95.3% + 1.3%
By Construction Status 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
Previously Owned 92.8% 94.0% + 1.3% 92.7% 93.9% + 1.3% 93.4% 94.6% + 1.3%
New Construction 98.9% 99.5% + 0.6% 98.8% 99.3% + 0.5% 100.7% 101.2% + 0.5%
All Property Types 93.7% 94.8% + 1.2% 93.6% 94.7% + 1.2% 94.1% 95.3% + 1.3%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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
91.5%
95.2% 95.5% 95.7%
94.5%
90.2%
93.0%
96.1% 96.2% 96.1%
94.8%
90.1%
$149,999 andBelow
$150,000 to$199,999
$200,000 to$299,999
$300,000 to$499,999
$500,000 to$999,999
$1,000,000 andAbove
By Price Range10-2015 10-2016
92.8%
98.9%
94.0%
99.5%
Previously Owned New Construction
By Construction Status10-2015 10-2016
+ 1.6%
93.6%
94.1%
94.7%
95.3%
Single-Family Condo-Townhouse
By Property Type10-2015 10-2016
+ 0.9% + 0.7% + 0.4% - 0.1% + 1.2% + 1.3%+ 1.3% + 0.6%+ 0.3%
Percent of Properties Sold Over List Price
By Price Range 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
$149,999 and Below 19.6% 18.3% - 6.6% 19.4% 18.7% - 3.7% 20.3% 17.0% - 16.3%
$150,000 to $199,999 13.4% 13.5% + 0.1% 13.7% 14.4% + 5.1% 11.2% 6.1% - 45.5%
$200,000 to $299,999 14.2% 12.4% - 13.0% 14.2% 13.0% - 8.7% 14.3% 5.6% - 61.2%
$300,000 to $499,999 15.1% 14.3% - 5.6% 15.6% 14.2% - 8.7% 10.3% 15.0% + 45.6%
$500,000 to $999,999 11.9% 14.9% + 25.6% 12.5% 15.0% + 20.1% 5.8% 14.3% + 145.7%
$1,000,000 and Above 5.1% 8.3% + 65.0% 5.6% 9.4% + 66.9% 0.0% 0.0% 0.0%
All Price Ranges 16.6% 15.6% - 5.9% 16.4% 15.9% - 3.3% 17.5% 14.1% - 19.1%
By Construction Status 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
Previously Owned 15.3% 13.8% - 9.6% 15.2% 14.2% - 6.4% 15.8% 11.8% - 25.4%
New Construction 24.6% 25.8% + 4.6% 23.5% 24.6% + 4.6% 36.4% 37.2% + 2.2%
All Property Types 16.6% 15.6% - 5.9% 16.4% 15.9% - 3.3% 17.5% 14.1% - 19.1%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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
19.6%
13.4% 14.2% 15.1%
11.9%
5.1%
18.3%
13.5%12.4%
14.3% 14.9%
8.3%
$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 Range10-2015 10-2016
15.3%
24.6%
13.8%
25.8%
Previously Owned New Construction
By Construction Status10-2015 10-2016
- 6.6%
16.4%17.5%
15.9%14.1%
Single-Family Condo-Townhouse
By Property Type10-2015 10-2016
+ 0.1% - 13.0% - 5.6% + 65.0% - 3.3% - 19.1%- 9.6% + 4.6%+ 25.6%
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 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
$149,999 and Below 3,723 2,136 - 42.6% 3,104 1,755 - 43.5% 619 381 - 38.4%
$150,000 to $199,999 1,526 1,148 - 24.8% 1,310 947 - 27.7% 216 201 - 6.9%
$200,000 to $299,999 2,143 1,971 - 8.0% 1,955 1,800 - 7.9% 188 171 - 9.0%
$300,000 to $499,999 1,883 1,968 + 4.5% 1,695 1,754 + 3.5% 188 214 + 13.8%
$500,000 to $999,999 1,013 1,102 + 8.8% 909 992 + 9.1% 104 110 + 5.8%
$1,000,000 and Above 405 425 + 4.9% 371 379 + 2.2% 34 46 + 35.3%
All Price Ranges 10,693 8,750 - 18.2% 9,344 7,627 - 18.4% 1,349 1,123 - 16.8%
By Construction Status 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
Previously Owned 9,164 7,168 - 21.8% 8,012 6,196 - 22.7% 1,152 972 - 15.6%
New Construction 1,529 1,582 + 3.5% 1,332 1,431 + 7.4% 197 151 - 23.4%
All Property Types 10,693 8,750 - 18.2% 9,344 7,627 - 18.4% 1,349 1,123 - 16.8%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 ShowingTime. | 20
All Properties Single-Family Condo-Townhouse
3,723
1,526
2,1431,883
1,013
405
2,136
1,148
1,971 1,968
1,102
425
$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 Range10-2015 10-2016
9,164
1,529
7,168
1,582
Previously Owned New Construction
By Construction Status10-2015 10-2016
- 42.6%
9,344
1,349
7,627
1,123
Single-Family Condo-Townhouse
By Property Type10-2015 10-2016
- 24.8% - 8.0% + 4.5% + 4.9% - 18.4% - 16.8%- 21.8% + 3.5%+ 8.8%
Months Supply of Inventory
By Price Range 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
$149,999 and Below 4.0 2.4 - 40.0% 4.3 2.6 - 39.5% 2.9 1.9 - 34.5%
$150,000 to $199,999 4.1 2.8 - 31.7% 4.1 2.7 - 34.1% 4.3 3.4 - 20.9%
$200,000 to $299,999 4.3 3.7 - 14.0% 4.2 3.6 - 14.3% 5.2 4.6 - 11.5%
$300,000 to $499,999 5.8 5.4 - 6.9% 5.7 5.2 - 8.8% 6.8 8.2 + 20.6%
$500,000 to $999,999 10.2 9.1 - 10.8% 10.2 9.1 - 10.8% 10.3 9.2 - 10.7%
$1,000,000 and Above 19.5 19.6 + 0.5% 19.8 19.4 - 2.0% 15.6 20.2 + 29.5%
All Price Ranges 4.7 3.8 - 19.1% 4.9 3.9 - 20.4% 4.0 3.3 - 17.5%
By Construction Status 10-2015 10-2016 Change 10-2015 10-2016 Change 10-2015 10-2016 Change
Previously Owned 4.8 3.6 - 24.4% 5.0 3.7 - 25.5% 3.8 3.2 - 17.2%
New Construction 4.5 4.8 + 5.4% 4.4 4.8 + 8.6% 5.4 4.6 - 16.4%
All Property Types 4.7 3.8 - 19.1% 4.9 3.9 - 20.4% 4.0 3.3 - 17.5%
All data provided by the Northeast Florida Multiple Listing Service. Report © 2016 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
4.0 4.1 4.35.8
10.2
19.5
2.4 2.8 3.75.4
9.1
19.6
$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 Range10-2015 10-2016
4.8 4.53.6
4.8
Previously Owned New Construction
By Construction Status10-2015 10-2016
- 40.0%
4.94.03.9
3.3
Single-Family Condo-Townhouse
By Property Type10-2015 10-2016
- 31.7% - 14.0% - 6.9% + 0.5% - 20.4% - 17.5%- 24.4% + 5.4%- 10.8%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 252 203 - 19.4% 3,048 2,903 - 4.8%
Closed Sales 189 193 + 2.1% 2,218 2,271 + 2.4%
Median Sales Price* $205,000 $210,000 + 2.4% $185,000 $200,000 + 8.1%
Percent of Original List Price Received* 94.5% 95.5% + 1.1% 94.6% 95.8% + 1.3%
Percent of Properties Sold Over List Price* 12.2% 14.5% + 18.9% 15.0% 16.2% + 8.0%
Days on Market Until Sale 75 75 0.0% 73 65 - 11.0%
Inventory of Homes for Sale 844 688 - 18.5% -- -- --
Months Supply of Inventory 3.8 3.2 - 15.8% -- -- --
Local Market Update – October 2016
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
- 19.4% + 2.1% + 2.4%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 01 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
3,048
2,218
2,903
2,271
New Listings Closed Sales
Year to Date 2015 2016
+ 2.4%- 4.8%
252
189203 193
New Listings Closed Sales
October 2015 2016
+ 2.1%- 19.4%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 353 283 - 19.8% 3,956 3,745 - 5.3%
Closed Sales 278 251 - 9.7% 2,929 2,966 + 1.3%
Median Sales Price* $160,000 $178,000 + 11.3% $166,000 $180,000 + 8.4%
Percent of Original List Price Received* 95.2% 96.0% + 0.8% 94.7% 95.9% + 1.3%
Percent of Properties Sold Over List Price* 13.3% 13.2% - 0.8% 17.1% 16.1% - 5.8%
Days on Market Until Sale 72 61 - 15.3% 72 64 - 11.1%
Inventory of Homes for Sale 1,060 859 - 19.0% -- -- --
Months Supply of Inventory 3.6 3.0 - 16.7% -- -- --
Local Market Update – October 2016
All MLS
Southside
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Southside- 19.8% - 9.7% + 11.3%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 02 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
3,956
2,929
3,745
2,966
New Listings Closed Sales
Year to Date 2015 2016
+ 1.3%- 5.3%
353
278283251
New Listings Closed Sales
October 2015 2016
- 9.7%- 19.8%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 72 49 - 31.9% 729 751 + 3.0%
Closed Sales 38 41 + 7.9% 498 506 + 1.6%
Median Sales Price* $236,000 $225,000 - 4.7% $230,000 $244,200 + 6.2%
Percent of Original List Price Received* 91.4% 90.8% - 0.7% 92.5% 93.6% + 1.2%
Percent of Properties Sold Over List Price* 5.3% 4.9% - 7.5% 9.7% 8.3% - 14.4%
Days on Market Until Sale 73 83 + 13.7% 89 79 - 11.2%
Inventory of Homes for Sale 244 221 - 9.4% -- -- --
Months Supply of Inventory 5.0 4.5 - 10.0% -- -- --
Local Market Update – October 2016
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
- 31.9% + 7.9% - 4.7%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 03 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
729
498
751
506
New Listings Closed Sales
Year to Date 2015 2016
+ 1.6%+ 3.0%
72
3849
41
New Listings Closed Sales
October 2015 2016
+ 7.9%- 31.9%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 203 160 - 21.2% 2,196 2,087 - 5.0%
Closed Sales 163 150 - 8.0% 1,693 1,684 - 0.5%
Median Sales Price* $139,000 $180,000 + 29.5% $139,000 $158,000 + 13.7%
Percent of Original List Price Received* 94.7% 95.9% + 1.3% 94.4% 95.8% + 1.5%
Percent of Properties Sold Over List Price* 21.5% 18.0% - 16.3% 20.3% 19.5% - 3.9%
Days on Market Until Sale 59 67 + 13.6% 68 64 - 5.9%
Inventory of Homes for Sale 597 438 - 26.6% -- -- --
Months Supply of Inventory 3.6 2.6 - 27.8% -- -- --
Local Market Update – October 2016
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
- 21.2% - 8.0% + 29.5%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 04 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
2,196
1,6932,087
1,684
New Listings Closed Sales
Year to Date 2015 2016
- 0.5%- 5.0%
203163160 150
New Listings Closed Sales
October 2015 2016
- 8.0%- 21.2%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 126 115 - 8.7% 1,315 1,338 + 1.7%
Closed Sales 101 95 - 5.9% 927 980 + 5.7%
Median Sales Price* $72,000 $112,500 + 56.3% $70,000 $99,000 + 41.4%
Percent of Original List Price Received* 92.4% 94.8% + 2.6% 91.9% 94.1% + 2.4%
Percent of Properties Sold Over List Price* 11.9% 16.8% + 41.2% 20.8% 18.4% - 11.5%
Days on Market Until Sale 57 62 + 8.8% 71 63 - 11.3%
Inventory of Homes for Sale 402 308 - 23.4% -- -- --
Months Supply of Inventory 4.4 3.0 - 31.8% -- -- --
Local Market Update – October 2016
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
- 8.7% - 5.9% + 56.3%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 05 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 60%
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,315
927
1,338
980
New Listings Closed Sales
Year to Date 2015 2016
+ 5.7%+ 1.7%
126
101115
95
New Listings Closed Sales
October 2015 2016
- 5.9%- 8.7%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 189 129 - 31.7% 1,754 1,704 - 2.9%
Closed Sales 115 83 - 27.8% 1,367 1,373 + 0.4%
Median Sales Price* $125,120 $147,000 + 17.5% $120,000 $131,990 + 10.0%
Percent of Original List Price Received* 94.0% 96.6% + 2.8% 94.5% 95.9% + 1.5%
Percent of Properties Sold Over List Price* 20.2% 16.9% - 16.3% 19.1% 20.5% + 7.3%
Days on Market Until Sale 81 68 - 16.0% 76 65 - 14.5%
Inventory of Homes for Sale 507 345 - 32.0% -- -- --
Months Supply of Inventory 3.6 2.5 - 30.6% -- -- --
Local Market Update – October 2016
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- 31.7% - 27.8% + 17.5%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 06 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,754
1,367
1,704
1,373
New Listings Closed Sales
Year to Date 2015 2016
+ 0.4%- 2.9%
189
115129
83
New Listings Closed Sales
October 2015 2016
- 27.8%- 31.7%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 145 133 - 8.3% 1,475 1,457 - 1.2%
Closed Sales 77 78 + 1.3% 850 882 + 3.8%
Median Sales Price* $23,750 $49,900 + 110.1% $25,000 $34,950 + 39.8%
Percent of Original List Price Received* 87.5% 90.2% + 3.1% 88.9% 90.1% + 1.3%
Percent of Properties Sold Over List Price* 17.1% 20.8% + 21.6% 20.7% 19.4% - 6.3%
Days on Market Until Sale 95 81 - 14.7% 92 84 - 8.7%
Inventory of Homes for Sale 565 412 - 27.1% -- -- --
Months Supply of Inventory 6.9 4.4 - 36.2% -- -- --
Local Market Update – October 2016
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
- 8.3% + 1.3% + 110.1%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 07 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 80%
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,475
850
1,457
882
New Listings Closed Sales
Year to Date 2015 2016
+ 3.8%- 1.2%
145
77
133
78
New Listings Closed Sales
October 2015 2016
+ 1.3%- 8.3%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 27 25 - 7.4% 303 334 + 10.2%
Closed Sales 22 26 + 18.2% 236 253 + 7.2%
Median Sales Price* $127,450 $147,950 + 16.1% $130,000 $150,000 + 15.4%
Percent of Original List Price Received* 90.3% 94.7% + 4.9% 91.9% 96.5% + 5.0%
Percent of Properties Sold Over List Price* 18.2% 19.2% + 5.5% 17.4% 23.9% + 37.4%
Days on Market Until Sale 105 97 - 7.6% 94 78 - 17.0%
Inventory of Homes for Sale 115 74 - 35.7% -- -- --
Months Supply of Inventory 4.9 2.8 - 42.9% -- -- --
Local Market Update – October 2016
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
- 7.4% + 18.2% + 16.1%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 08 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
303
236
334
253
New Listings Closed Sales
Year to Date 2015 2016
+ 7.2%+ 10.2%
27
2225 26
New Listings Closed Sales
October 2015 2016
+ 18.2%- 7.4%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 159 160 + 0.6% 1,621 1,594 - 1.7%
Closed Sales 111 107 - 3.6% 1,097 1,199 + 9.3%
Median Sales Price* $175,000 $169,900 - 2.9% $168,000 $180,000 + 7.1%
Percent of Original List Price Received* 95.0% 95.9% + 0.9% 94.8% 96.1% + 1.4%
Percent of Properties Sold Over List Price* 12.6% 21.5% + 70.6% 17.5% 20.7% + 18.3%
Days on Market Until Sale 96 72 - 25.0% 88 81 - 8.0%
Inventory of Homes for Sale 544 428 - 21.3% -- -- --
Months Supply of Inventory 4.9 3.5 - 28.6% -- -- --
Local Market Update – October 2016
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+ 0.6% - 3.6% - 2.9%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 09 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,621
1,097
1,594
1,199
New Listings Closed Sales
Year to Date 2015 2016
+ 9.3%- 1.7%
159
111
160
107
New Listings Closed Sales
October 2015 2016
- 3.6%+ 0.6%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 64 59 - 7.8% 806 781 - 3.1%
Closed Sales 44 45 + 2.3% 522 517 - 1.0%
Median Sales Price* $226,450 $261,500 + 15.5% $228,000 $249,000 + 9.2%
Percent of Original List Price Received* 94.1% 95.3% + 1.3% 94.4% 95.7% + 1.4%
Percent of Properties Sold Over List Price* 18.2% 26.7% + 46.7% 11.5% 17.2% + 49.6%
Days on Market Until Sale 78 91 + 16.7% 74 70 - 5.4%
Inventory of Homes for Sale 214 214 0.0% -- -- --
Months Supply of Inventory 4.3 4.2 - 2.3% -- -- --
Local Market Update – October 2016
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- 7.8% + 2.3% + 15.5%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 12 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
806
522
781
517
New Listings Closed Sales
Year to Date 2015 2016
- 1.0%- 3.1%
64
44
59
45
New Listings Closed Sales
October 2015 2016
+ 2.3%- 7.8%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 194 138 - 28.9% 1,999 1,845 - 7.7%
Closed Sales 148 148 0.0% 1,588 1,489 - 6.2%
Median Sales Price* $149,000 $161,000 + 8.1% $150,000 $159,912 + 6.6%
Percent of Original List Price Received* 95.5% 96.9% + 1.5% 94.6% 95.9% + 1.4%
Percent of Properties Sold Over List Price* 20.3% 23.6% + 16.3% 17.6% 19.2% + 9.1%
Days on Market Until Sale 66 69 + 4.5% 81 71 - 12.3%
Inventory of Homes for Sale 544 426 - 21.7% -- -- --
Months Supply of Inventory 3.5 2.9 - 17.1% -- -- --
Local Market Update – October 2016
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- 28.9% 0.0% + 8.1%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 13 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,999
1,5881,845
1,489
New Listings Closed Sales
Year to Date 2015 2016
- 6.2%- 7.7%
194
148138 148
New Listings Closed Sales
October 2015 2016
0.0%- 28.9%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 90 92 + 2.2% 1,167 1,068 - 8.5%
Closed Sales 76 76 0.0% 859 852 - 0.8%
Median Sales Price* $145,000 $173,245 + 19.5% $155,000 $166,795 + 7.6%
Percent of Original List Price Received* 92.9% 94.9% + 2.2% 94.1% 94.3% + 0.2%
Percent of Properties Sold Over List Price* 17.1% 10.5% - 38.6% 19.7% 15.1% - 23.4%
Days on Market Until Sale 105 75 - 28.6% 89 79 - 11.2%
Inventory of Homes for Sale 373 289 - 22.5% -- -- --
Months Supply of Inventory 4.5 3.5 - 22.2% -- -- --
Local Market Update – October 2016
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+ 2.2% 0.0% + 19.5%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 14 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,167
8591,068
852
New Listings Closed Sales
Year to Date 2015 2016
- 0.8%- 8.5%
9076
9276
New Listings Closed Sales
October 2015 2016
0.0%+ 2.2%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 12 17 + 41.7% 219 249 + 13.7%
Closed Sales 21 8 - 61.9% 151 145 - 4.0%
Median Sales Price* $64,500 $47,500 - 26.4% $76,000 $92,000 + 21.1%
Percent of Original List Price Received* 81.7% 79.0% - 3.3% 87.5% 89.7% + 2.5%
Percent of Properties Sold Over List Price* 0.0% 0.0% -- 14.6% 10.3% - 29.5%
Days on Market Until Sale 169 229 + 35.5% 125 124 - 0.8%
Inventory of Homes for Sale 128 120 - 6.3% -- -- --
Months Supply of Inventory 8.3 8.2 - 1.2% -- -- --
Local Market Update – October 2016
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
+ 41.7% - 61.9% - 26.4%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 15 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
219
151
249
145
New Listings Closed Sales
Year to Date 2015 2016
- 4.0%+ 13.7%
12
2117
8
New Listings Closed Sales
October 2015 2016
- 61.9%+ 41.7%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 32 15 - 53.1% 391 286 - 26.9%
Closed Sales 27 19 - 29.6% 228 231 + 1.3%
Median Sales Price* $175,000 $215,000 + 22.9% $160,093 $208,455 + 30.2%
Percent of Original List Price Received* 96.2% 96.1% - 0.1% 92.8% 95.6% + 3.0%
Percent of Properties Sold Over List Price* 18.5% 36.8% + 98.9% 15.8% 21.3% + 34.8%
Days on Market Until Sale 79 81 + 2.5% 89 92 + 3.4%
Inventory of Homes for Sale 143 92 - 35.7% -- -- --
Months Supply of Inventory 6.1 4.0 - 34.4% -- -- --
Local Market Update – October 2016
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- 53.1% - 29.6% + 22.9%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 16 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
391
228286
231
New Listings Closed Sales
Year to Date 2015 2016
+ 1.3%- 26.9%
3227
1519
New Listings Closed Sales
October 2015 2016
- 29.6%- 53.1%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 69 47 - 31.9% 804 676 - 15.9%
Closed Sales 60 35 - 41.7% 566 517 - 8.7%
Median Sales Price* $323,250 $320,000 - 1.0% $305,000 $316,500 + 3.8%
Percent of Original List Price Received* 94.9% 95.4% + 0.5% 94.2% 95.1% + 1.0%
Percent of Properties Sold Over List Price* 15.0% 8.6% - 42.7% 11.8% 8.1% - 31.4%
Days on Market Until Sale 70 53 - 24.3% 80 80 0.0%
Inventory of Homes for Sale 241 175 - 27.4% -- -- --
Months Supply of Inventory 4.4 3.5 - 20.5% -- -- --
Local Market Update – October 2016
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- 31.9% - 41.7% - 1.0%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 21 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
804
566676
517
New Listings Closed Sales
Year to Date 2015 2016
- 8.7%- 15.9%
6960
4735
New Listings Closed Sales
October 2015 2016
- 41.7%- 31.9%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 8 13 + 62.5% 157 142 - 9.6%
Closed Sales 9 5 - 44.4% 111 94 - 15.3%
Median Sales Price* $342,500 $399,000 + 16.5% $325,000 $355,000 + 9.2%
Percent of Original List Price Received* 87.1% 93.1% + 6.9% 92.8% 95.5% + 2.9%
Percent of Properties Sold Over List Price* 0.0% 0.0% -- 16.2% 14.9% - 8.0%
Days on Market Until Sale 101 69 - 31.7% 84 60 - 28.6%
Inventory of Homes for Sale 44 45 + 2.3% -- -- --
Months Supply of Inventory 4.3 4.8 + 11.6% -- -- --
Local Market Update – October 2016
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+ 62.5% - 44.4% + 16.5%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 22 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
157
111
142
94
New Listings Closed Sales
Year to Date 2015 2016
- 15.3%- 9.6%
89
13
5
New Listings Closed Sales
October 2015 2016
- 44.4%+ 62.5%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 40 32 - 20.0% 424 399 - 5.9%
Closed Sales 32 18 - 43.8% 292 278 - 4.8%
Median Sales Price* $239,500 $220,000 - 8.1% $220,000 $264,950 + 20.4%
Percent of Original List Price Received* 95.8% 93.4% - 2.5% 94.0% 94.6% + 0.6%
Percent of Properties Sold Over List Price* 15.6% 16.7% + 7.1% 14.7% 15.5% + 5.4%
Days on Market Until Sale 66 62 - 6.1% 78 71 - 9.0%
Inventory of Homes for Sale 130 116 - 10.8% -- -- --
Months Supply of Inventory 4.4 4.2 - 4.5% -- -- --
Local Market Update – October 2016
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- 20.0% - 43.8% - 8.1%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 23 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
424
292
399
278
New Listings Closed Sales
Year to Date 2015 2016
- 4.8%- 5.9%
40
3232
18
New Listings Closed Sales
October 2015 2016
- 43.8%- 20.0%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 19 17 - 10.5% 281 264 - 6.0%
Closed Sales 14 6 - 57.1% 167 164 - 1.8%
Median Sales Price* $262,500 $409,500 + 56.0% $431,000 $362,819 - 15.8%
Percent of Original List Price Received* 92.1% 90.9% - 1.3% 92.6% 93.1% + 0.5%
Percent of Properties Sold Over List Price* 14.3% 16.7% + 16.8% 10.8% 7.3% - 32.4%
Days on Market Until Sale 117 92 - 21.4% 99 85 - 14.1%
Inventory of Homes for Sale 113 103 - 8.8% -- -- --
Months Supply of Inventory 6.6 6.5 - 1.5% -- -- --
Local Market Update – October 2016
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
- 10.5% - 57.1% + 56.0%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 25 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
281
167
264
164
New Listings Closed Sales
Year to Date 2015 2016
- 1.8%- 6.0%
19
1417
6
New Listings Closed Sales
October 2015 2016
- 57.1%- 10.5%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 74 55 - 25.7% 862 926 + 7.4%
Closed Sales 51 40 - 21.6% 582 541 - 7.0%
Median Sales Price* $355,000 $467,500 + 31.7% $395,000 $440,000 + 11.4%
Percent of Original List Price Received* 91.3% 93.5% + 2.4% 93.3% 93.5% + 0.2%
Percent of Properties Sold Over List Price* 7.8% 5.0% - 35.9% 7.2% 4.4% - 38.9%
Days on Market Until Sale 108 95 - 12.0% 110 104 - 5.5%
Inventory of Homes for Sale 361 336 - 6.9% -- -- --
Months Supply of Inventory 6.3 6.3 0.0% -- -- --
Local Market Update – October 2016
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
- 25.7% - 21.6% + 31.7%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 26 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
862
582
926
541
New Listings Closed Sales
Year to Date 2015 2016
- 7.0%+ 7.4%
74
5155
40
New Listings Closed Sales
October 2015 2016
- 21.6%- 25.7%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 71 50 - 29.6% 772 879 + 13.9%
Closed Sales 42 40 - 4.8% 528 698 + 32.2%
Median Sales Price* $389,761 $381,918 - 2.0% $378,419 $376,778 - 0.4%
Percent of Original List Price Received* 99.7% 99.3% - 0.4% 98.8% 98.4% - 0.4%
Percent of Properties Sold Over List Price* 23.8% 22.5% - 5.5% 22.3% 22.5% + 0.9%
Days on Market Until Sale 54 121 + 124.1% 60 66 + 10.0%
Inventory of Homes for Sale 179 236 + 31.8% -- -- --
Months Supply of Inventory 3.0 3.6 + 20.0% -- -- --
Local Market Update – October 2016
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)
- 29.6% - 4.8% - 2.0%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 27 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
772
528
879
698
New Listings Closed Sales
Year to Date 2015 2016
+ 32.2%+ 13.9%
71
4250
40
New Listings Closed Sales
October 2015 2016
- 4.8%- 29.6%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 192 182 - 5.2% 2,677 3,000 + 12.1%
Closed Sales 170 147 - 13.5% 1,968 2,148 + 9.1%
Median Sales Price* $258,950 $292,445 + 12.9% $264,000 $281,721 + 6.7%
Percent of Original List Price Received* 96.1% 96.7% + 0.6% 95.9% 96.5% + 0.6%
Percent of Properties Sold Over List Price* 15.3% 14.4% - 5.9% 13.2% 15.9% + 20.5%
Days on Market Until Sale 69 68 - 1.4% 81 74 - 8.6%
Inventory of Homes for Sale 847 826 - 2.5% -- -- --
Months Supply of Inventory 4.4 4.0 - 9.1% -- -- --
Local Market Update – October 2016
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
- 5.2% - 13.5% + 12.9%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 30 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
2,677
1,968
3,000
2,148
New Listings Closed Sales
Year to Date 2015 2016
+ 9.1%+ 12.1%
192170182
147
New Listings Closed Sales
October 2015 2016
- 13.5%- 5.2%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 24 22 - 8.3% 387 391 + 1.0%
Closed Sales 24 20 - 16.7% 221 280 + 26.7%
Median Sales Price* $348,435 $295,495 - 15.2% $355,000 $349,895 - 1.4%
Percent of Original List Price Received* 95.9% 94.5% - 1.5% 96.4% 95.8% - 0.6%
Percent of Properties Sold Over List Price* 8.3% 5.0% - 39.8% 12.2% 8.6% - 29.5%
Days on Market Until Sale 95 103 + 8.4% 107 111 + 3.7%
Inventory of Homes for Sale 160 158 - 1.3% -- -- --
Months Supply of Inventory 7.1 5.9 - 16.9% -- -- --
Local Market Update – October 2016
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
- 8.3% - 16.7% - 15.2%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 31 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
387
221
391
280
New Listings Closed Sales
Year to Date 2015 2016
+ 26.7%+ 1.0%
24 2422
20
New Listings Closed Sales
October 2015 2016
- 16.7%- 8.3%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 19 9 - 52.6% 159 173 + 8.8%
Closed Sales 4 3 - 25.0% 105 111 + 5.7%
Median Sales Price* $275,000 $324,000 + 17.8% $275,000 $266,500 - 3.1%
Percent of Original List Price Received* 96.0% 94.4% - 1.7% 92.5% 91.7% - 0.9%
Percent of Properties Sold Over List Price* 25.0% 0.0% - 100.0% 4.8% 4.5% - 6.3%
Days on Market Until Sale 50 62 + 24.0% 94 114 + 21.3%
Inventory of Homes for Sale 83 73 - 12.0% -- -- --
Months Supply of Inventory 8.3 6.5 - 21.7% -- -- --
Local Market Update – October 2016
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
- 52.6% - 25.0% + 17.8%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 32 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
159
105
173
111
New Listings Closed Sales
Year to Date 2015 2016
+ 5.7%+ 8.8%
19
4
9
3
New Listings Closed Sales
October 2015 2016
- 25.0%- 52.6%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 131 71 - 45.8% 1,133 1,282 + 13.2%
Closed Sales 69 78 + 13.0% 780 921 + 18.1%
Median Sales Price* $233,000 $229,995 - 1.3% $203,150 $225,000 + 10.8%
Percent of Original List Price Received* 95.4% 96.3% + 0.9% 94.9% 95.1% + 0.2%
Percent of Properties Sold Over List Price* 8.7% 6.4% - 26.4% 11.8% 7.9% - 33.1%
Days on Market Until Sale 81 105 + 29.6% 92 93 + 1.1%
Inventory of Homes for Sale 442 411 - 7.0% -- -- --
Months Supply of Inventory 5.6 4.5 - 19.6% -- -- --
Local Market Update – October 2016
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
- 45.8% + 13.0% - 1.3%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 33 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,133
780
1,282
921
New Listings Closed Sales
Year to Date 2015 2016
+ 18.1%+ 13.2%
131
6971 78
New Listings Closed Sales
October 2015 2016
+ 13.0%- 45.8%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 17 11 - 35.3% 131 143 + 9.2%
Closed Sales 12 9 - 25.0% 90 87 - 3.3%
Median Sales Price* $117,450 $119,500 + 1.7% $137,250 $139,950 + 2.0%
Percent of Original List Price Received* 91.3% 106.9% + 17.1% 89.5% 93.4% + 4.4%
Percent of Properties Sold Over List Price* 0.0% 22.2% -- 10.0% 14.9% + 49.0%
Days on Market Until Sale 149 65 - 56.4% 102 86 - 15.7%
Inventory of Homes for Sale 54 36 - 33.3% -- -- --
Months Supply of Inventory 6.8 4.0 - 41.2% -- -- --
Local Market Update – October 2016
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
- 35.3% - 25.0% + 1.7%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 34 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
131
90
143
87
New Listings Closed Sales
Year to Date 2015 2016
- 3.3%+ 9.2%
17
12119
New Listings Closed Sales
October 2015 2016
- 25.0%- 35.3%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 53 28 - 47.2% 515 438 - 15.0%
Closed Sales 27 23 - 14.8% 331 313 - 5.4%
Median Sales Price* $80,000 $55,000 - 31.3% $64,000 $74,900 + 17.0%
Percent of Original List Price Received* 87.6% 85.6% - 2.3% 85.5% 88.3% + 3.3%
Percent of Properties Sold Over List Price* 11.1% 13.0% + 17.1% 8.8% 13.4% + 52.3%
Days on Market Until Sale 119 74 - 37.8% 128 111 - 13.3%
Inventory of Homes for Sale 290 203 - 30.0% -- -- --
Months Supply of Inventory 8.9 6.3 - 29.2% -- -- --
Local Market Update – October 2016
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 NE- 47.2% - 14.8% - 31.3%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
Region 56 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
515
331
438
313
New Listings Closed Sales
Year to Date 2015 2016
- 5.4%- 15.0%
53
272823
New Listings Closed Sales
October 2015 2016
- 14.8%- 47.2%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 36 19 - 47.2% 320 287 - 10.3%
Closed Sales 24 12 - 50.0% 215 201 - 6.5%
Median Sales Price* $49,500 $33,500 - 32.3% $39,500 $44,095 + 11.6%
Percent of Original List Price Received* 81.3% 82.6% + 1.6% 83.6% 85.6% + 2.4%
Percent of Properties Sold Over List Price* 8.3% 16.7% + 101.2% 11.4% 9.6% - 15.8%
Days on Market Until Sale 170 123 - 27.6% 154 129 - 16.2%
Inventory of Homes for Sale 202 139 - 31.2% -- -- --
Months Supply of Inventory 9.8 6.8 - 30.6% -- -- --
Local Market Update – October 2016
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
- 47.2% - 50.0% - 32.3%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 57 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
320
215
287
201
New Listings Closed Sales
Year to Date 2015 2016
- 6.5%- 10.3%
36
2419
12
New Listings Closed Sales
October 2015 2016
- 50.0%- 47.2%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 32 21 - 34.4% 351 325 - 7.4%
Closed Sales 21 18 - 14.3% 205 248 + 21.0%
Median Sales Price* $49,900 $80,500 + 61.3% $49,900 $65,000 + 30.3%
Percent of Original List Price Received* 80.6% 86.4% + 7.2% 83.8% 87.4% + 4.3%
Percent of Properties Sold Over List Price* 14.3% 11.1% - 22.4% 7.4% 8.1% + 9.5%
Days on Market Until Sale 171 169 - 1.2% 155 143 - 7.7%
Inventory of Homes for Sale 230 154 - 33.0% -- -- --
Months Supply of Inventory 12.0 6.1 - 49.2% -- -- --
Local Market Update – October 2016
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
- 34.4% - 14.3% + 61.3%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
Region 58 October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 50%
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
351
205
325
248
New Listings Closed Sales
Year to Date 2015 2016
+ 21.0%- 7.4%
32
212118
New Listings Closed Sales
October 2015 2016
- 14.3%- 34.4%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 33 25 - 24.2% 261 245 - 6.1%
Closed Sales 24 20 - 16.7% 192 179 - 6.8%
Median Sales Price* $119,500 $176,750 + 47.9% $136,500 $135,000 - 1.1%
Percent of Original List Price Received* 95.7% 91.1% - 4.8% 91.6% 91.7% + 0.1%
Percent of Properties Sold Over List Price* 33.3% 15.0% - 55.0% 17.2% 15.3% - 11.0%
Days on Market Until Sale 106 100 - 5.7% 109 104 - 4.6%
Inventory of Homes for Sale 115 83 - 27.8% -- -- --
Months Supply of Inventory 6.2 4.7 - 24.2% -- -- --
Local Market Update – October 2016
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- 24.2% - 16.7% + 47.9%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
261
192
245
179
New Listings Closed Sales
Year to Date 2015 2016
- 6.8%- 6.1%
33
242520
New Listings Closed Sales
October 2015 2016
- 16.7%- 24.2%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 387 320 - 17.3% 4,545 4,179 - 8.1%
Closed Sales 315 293 - 7.0% 3,328 3,191 - 4.1%
Median Sales Price* $154,900 $176,000 + 13.6% $159,900 $170,500 + 6.6%
Percent of Original List Price Received* 93.9% 95.6% + 1.8% 94.0% 95.2% + 1.3%
Percent of Properties Sold Over List Price* 17.8% 21.2% + 19.1% 16.9% 17.6% + 4.1%
Days on Market Until Sale 85 79 - 7.1% 85 77 - 9.4%
Inventory of Homes for Sale 1,387 1,137 - 18.0% -- -- --
Months Supply of Inventory 4.3 3.6 - 16.3% -- -- --
Local Market Update – October 2016
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- 17.3% - 7.0% + 13.6%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
4,545
3,328
4,179
3,191
New Listings Closed Sales
Year to Date 2015 2016
- 4.1%- 8.1%
387315320 293
New Listings Closed Sales
October 2015 2016
- 7.0%- 17.3%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 1,650 1,362 - 17.5% 17,888 17,292 - 3.3%
Closed Sales 1,203 1,090 - 9.4% 12,872 13,090 + 1.7%
Median Sales Price* $155,000 $165,000 + 6.5% $150,000 $163,753 + 9.2%
Percent of Original List Price Received* 93.9% 95.1% + 1.3% 93.9% 95.2% + 1.4%
Percent of Properties Sold Over List Price* 14.8% 15.6% + 5.4% 17.4% 17.3% - 0.6%
Days on Market Until Sale 75 69 - 8.0% 76 69 - 9.2%
Inventory of Homes for Sale 5,325 4,157 - 21.9% -- -- --
Months Supply of Inventory 4.2 3.2 - 23.8% -- -- --
Local Market Update – October 2016
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- 17.5% - 9.4% + 6.5%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
17,888
12,872
17,292
13,090
New Listings Closed Sales
Year to Date 2015 2016
+ 1.7%- 3.3%
1,650
1,2031,362
1,090
New Listings Closed Sales
October 2015 2016
- 9.4%- 17.5%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 168 78 - 53.6% 1,357 1,143 - 15.8%
Closed Sales 96 66 - 31.3% 807 927 + 14.9%
Median Sales Price* $202,800 $210,850 + 4.0% $197,000 $205,968 + 4.6%
Percent of Original List Price Received* 94.3% 95.8% + 1.6% 94.2% 95.0% + 0.8%
Percent of Properties Sold Over List Price* 28.1% 30.3% + 7.8% 21.7% 24.4% + 12.4%
Days on Market Until Sale 67 88 + 31.3% 88 91 + 3.4%
Inventory of Homes for Sale 548 402 - 26.6% -- -- --
Months Supply of Inventory 6.5 4.6 - 29.2% -- -- --
Local Market Update – October 2016
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- 53.6% - 31.3% + 4.0%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,357
807
1,143927
New Listings Closed Sales
Year to Date 2015 2016
+ 14.9%- 15.8%
168
9678
66
New Listings Closed Sales
October 2015 2016
- 31.3%- 53.6%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 121 68 - 43.8% 1,187 1,049 - 11.6%
Closed Sales 72 53 - 26.4% 748 765 + 2.3%
Median Sales Price* $59,000 $62,000 + 5.1% $54,950 $63,000 + 14.6%
Percent of Original List Price Received* 83.5% 85.2% + 2.0% 84.6% 87.3% + 3.2%
Percent of Properties Sold Over List Price* 11.1% 13.2% + 18.9% 9.0% 10.8% + 20.0%
Days on Market Until Sale 151 117 - 22.5% 143 126 - 11.9%
Inventory of Homes for Sale 726 495 - 31.8% -- -- --
Months Supply of Inventory 10.1 6.4 - 36.6% -- -- --
Local Market Update – October 2016
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- 43.8% - 26.4% + 5.1%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,187
748
1,049
765
New Listings Closed Sales
Year to Date 2015 2016
+ 2.3%- 11.6%
121
726853
New Listings Closed Sales
October 2015 2016
- 26.4%- 43.8%
A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®
2015 2016 + / – 2015 2016 + / –
New Listings 547 414 - 24.3% 6,369 6,979 + 9.6%
Closed Sales 384 337 - 12.2% 4,406 4,916 + 11.6%
Median Sales Price* $274,200 $291,945 + 6.5% $280,100 $295,000 + 5.3%
Percent of Original List Price Received* 95.5% 96.5% + 1.0% 95.4% 95.9% + 0.5%
Percent of Properties Sold Over List Price* 13.3% 11.3% - 15.0% 12.7% 13.1% + 3.1%
Days on Market Until Sale 80 89 + 11.3% 87 84 - 3.4%
Inventory of Homes for Sale 2,236 2,154 - 3.7% -- -- --
Months Supply of Inventory 5.1 4.5 - 11.8% -- -- --
Local Market Update – October 2016
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- 24.3% - 12.2% + 6.5%
Change in New Listings
Change inClosed Sales
Change in Median Sales Price
October Year to Date
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Current as of November 8, 2016. All data from Northeast Florida Multiple Listing Service. | Powered by ShowingTime 10K.
- 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
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
6,369
4,406
6,979
4,916
New Listings Closed Sales
Year to Date 2015 2016
+ 11.6%+ 9.6%
547
384414337
New Listings Closed Sales
October 2015 2016
- 12.2%- 24.3%