Monthly Indicators - NEFAR.com · 2019-05-24 · Sales were up 5.8 percent to 3,171. Inventory levels rose 3.1 percent to 9,313 units. Prices continued to gain traction. The Median

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

April 2019 Quick Facts

Market Overview 2

New Listings 3

Pending Sales 4

Closed Sales 5

Days On Market Until Sale 6

Median Sales Price 7

Average Sales Price 8

9

10

Housing Affordability Index 11

Inventory of Homes for Sale 12

Months Supply of Inventory 13

Housing Supply Overview Report 14

Current as of May 16, 2019. All data from Northeast Florida Multiple Listing Service. Report © 2019 ShowingTime. | 1

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

+ 2.3%Change in

Median Sales Price

For much of the country, the first quarter of 2019 provided several disruptive weather patterns that contributed to less foot traffic toward potential home sales. Coupled with low affordability, higher prices and an inventory situation in its infancy of recovering from record lows – not to mention several more days of wintry weather in April – slower sales persisted across most residential real estate markets. However, buyers are beginning to return in force this spring. For well-priced homes in desirable locations, competition is fierce.

New Listings in the Northeast Florida region increased 2.8 percent to 3,948. Pending Sales were up 5.8 percent to 3,171. Inventory levels rose 3.1 percent to 9,313 units.

Prices continued to gain traction. The Median Sales Price increased 2.3 percent to $225,000. Days on Market was up 3.1 percent to 67 days. Sellers were encouraged as Months Supply of Inventory was down 2.7 percent to 3.6 months.

The national unemployment rate dropped to 3.6 percent during April 2019, the lowest level since 1969. A historically low unemployment rate can provide reassurance to wary consumers. But in order for sales to increase on a grand scale, buyers will need more spending power, or sellers will need to reduce prices to land where buyers are most active. Neither situation is likely to occur in 2019, yet inventory is straining to keep pace in the most competitive price ranges.

+ 3.1%Change inInventory

+ 6.5%Change in

Closed Sales

Area breakouts of 33 submarkets begin after page 21.

Percent of Original List Price Received

Percent of Properties Sold Over List Price

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

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

Key Metrics Historical Sparklines 4-2018 4-2019 +/- YTD 2018 YTD 2019 +/-

- 7.7% 14.1% 13.8% - 2.1%

9,238 + 3.6%

$220,010

+ 3.1% 70 71 + 1.4%

+ 1.9%

- 0.3%

139

9,029

65 67

143

$220,000 $225,000

$276,712 + 2.9%

95.8% 95.5%

$268,805

15.5% 14.3%

+ 2.3% $216,000

+ 1.4%

--

$261,054 $263,108 + 0.8%

- 0.4%95.6% 95.2%

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

2,713 2,889 + 6.5% 8,919

New Listings

Pending Sales

Closed Sales

+ 4.6%

2,996 3,171 + 5.8% 10,327 10,916 + 5.7%

14,5413,839 3,948 + 2.8% 13,906


3.7

140 + 0.7%

+ 3.1%

- 2.7%

9,313

3.6

141

--

-- --

--

--Months Supplyof Homes for Sale

Inventory of Homes for Sale

4-2016 4-2017 4-2018 4-2019

4-2016 4-2017 4-2018 4-2019

4-2016 4-2017 4-2018 4-2019

4-2016 4-2017 4-2018 4-2019

4-2016 4-2017 4-2018 4-2019

4-2016 4-2017 4-2018 4-2019

4-2016 4-2017 4-2018 4-2019

4-2016 4-2017 4-2018 4-2019

4-2016 4-2017 4-2018 4-2019

4-2016 4-2017 4-2018 4-2019

4-2016 4-2017 4-2018 4-2019

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

MonthPrior Year

Current Year

+ / –

May 2018 3,492 3,815 +9.2%

June 2018 3,434 3,899 +13.5%

July 2018 3,240 3,832 +18.3%

August 2018 3,658 3,764 +2.9%

September 2018 2,287 3,180 +39.0%

October 2018 3,007 3,432 +14.1%

November 2018 2,597 2,924 +12.6%

December 2018 2,099 2,057 -2.0%

January 2019 2,964 3,289 +11.0%

February 2019 3,225 3,371 +4.5%

March 2019 3,878 3,933 +1.4%

April 2019 3,839 3,948 +2.8%

12-Month Avg 3,143 3,454 +9.9%


3,3863,839 3,948

2017 2018 2019

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 1-2018 1-2019

Historical New Listing Activity

13,09213,906 14,541

2017 2018 2019

Year To Date

+4.6%+13.4% +2.8% +6.2%

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

MonthPrior Year

Current Year

+ / –

May 2018 2,737 2,963 +8.3%

June 2018 2,764 2,678 -3.1%

July 2018 2,685 2,818 +5.0%

August 2018 2,580 2,681 +3.9%

September 2018 1,911 2,348 +22.9%

October 2018 2,347 2,495 +6.3%

November 2018 2,177 2,138 -1.8%

December 2018 1,956 1,874 -4.2%

January 2019 2,069 2,227 +7.6%

February 2019 2,346 2,499 +6.5%

March 2019 2,916 3,019 +3.5%

April 2019 2,996 3,171 +5.8%

12-Month Avg 2,457 2,576 +4.8%


2,7382,996

3,171

2017 2018 2019

April

750

1,000

1,250

1,500

1,750

2,000

2,250

2,500

2,750

3,000

3,250

3,500

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

Historical Pending Sales Activity

9,991 10,32710,916

2017 2018 2019

Year To Date

+5.7%+9.4% +5.8% +3.4%

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

MonthPrior Year

Current Year

+ / –

May 2018 2,949 2,965 +0.5%

June 2018 3,027 3,092 +2.1%

July 2018 2,644 2,778 +5.1%

August 2018 2,832 2,894 +2.2%

September 2018 2,013 2,324 +15.4%

October 2018 2,329 2,534 +8.8%

November 2018 2,239 2,387 +6.6%

December 2018 2,633 2,350 -10.7%

January 2019 1,638 1,709 +4.3%

February 2019 1,935 2,086 +7.8%

March 2019 2,633 2,554 -3.0%

April 2019 2,713 2,889 +6.5%

12-Month Avg 2,465 2,547 +3.8%


2,5092,713

2,889

2017 2018 2019

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 1-2018 1-2019

Historical Closed Sales Activity

8,735 8,919 9,238

2017 2018 2019

Year To Date

+3.6%+8.1% +6.5% +2.1%

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

+ / –

May 2018 73 60 -17.8%

June 2018 66 58 -12.1%

July 2018 67 60 -10.4%

August 2018 65 60 -7.7%

September 2018 66 65 -1.5%

October 2018 64 59 -7.8%

November 2018 65 61 -6.2%

December 2018 71 69 -2.8%

January 2019 69 70 +1.4%

February 2019 73 76 +4.1%

March 2019 72 71 -1.4%

April 2019 65 67 +3.1%

12-Month Avg 68 64 -5.7%


75

65 67

2017 2018 2019

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 1-2018 1-2019

Historical Days on Market Until Sale

80

70 71

2017 2018 2019

Year To Date

+1.4%-13.3% +3.1% -12.5%

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

MonthPrior Year

Current Year

+ / –

May 2018 $212,000 $225,000 +6.1%

June 2018 $211,214 $235,000 +11.3%

July 2018 $215,000 $230,000 +7.0%

August 2018 $205,000 $220,000 +7.3%

September 2018 $208,850 $216,175 +3.5%

October 2018 $204,825 $212,000 +3.5%

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

December 2018 $211,960 $226,000 +6.6%

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

February 2019 $217,950 $223,500 +2.5%

March 2019 $225,000 $229,900 +2.2%

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

12-Month Med $211,000 $223,607 +6.0%


$199,694$220,000 $225,000

2017 2018 2019

April

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

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

Historical Median Sales Price

$191,000

$216,000 $220,010

2017 2018 2019

Year To Date

+1.9%+10.2% +2.3% +13.1%

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

MonthPrior Year

Current Year

+ / –

May 2018 $252,430 $272,219 +7.8%

June 2018 $255,383 $280,880 +10.0%

July 2018 $254,211 $274,413 +7.9%

August 2018 $247,080 $264,478 +7.0%

September 2018 $248,831 $256,378 +3.0%

October 2018 $251,264 $263,719 +5.0%

November 2018 $250,357 $261,275 +4.4%

December 2018 $258,636 $267,376 +3.4%

January 2019 $243,531 $242,056 -0.6%

February 2019 $256,654 $255,515 -0.4%

March 2019 $267,205 $267,999 +0.3%

April 2019 $268,805 $276,712 +2.9%

12-Month Avg $255,039 $266,670 +4.6%


$244,796$268,805 $276,712

2017 2018 2019

April

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

$300,000

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

Historical Average Sales Price

$235,116

$261,054 $263,108

2017 2018 2019

Year To Date

+ 0.8%+ 9.8% + 2.9% + 11.0%


MonthPrior Year

Current Year

+ / –

May 2018 95.6% 96.3% +0.7%

June 2018 95.9% 96.3% +0.4%

July 2018 95.6% 96.1% +0.5%

August 2018 95.6% 95.6% 0.0%

September 2018 95.7% 95.5% -0.2%

October 2018 95.5% 95.3% -0.2%

November 2018 95.4% 95.1% -0.3%

December 2018 95.2% 94.7% -0.5%

January 2019 95.4% 94.5% -0.9%

February 2019 95.1% 95.1% 0.0%

March 2019 96.0% 95.5% -0.5%

April 2019 95.8% 95.5% -0.3%

12-Month Avg 95.6% 95.5% -0.1%


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

95.6% 95.8% 95.5%

2017 2018 2019

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 1-2018 1-2019

Historical Percent of Original List Price Received

95.1% 95.6% 95.2%

2017 2018 2019

Year To Date

-0.4%+0.2% -0.3% +0.5%


MonthPrior Year

Current Year

+ / –

May 2018 14.8% 16.2% +9.5%

June 2018 14.8% 14.5% -2.0%

July 2018 14.7% 14.4% -2.0%

August 2018 13.5% 13.3% -1.5%

September 2018 13.7% 13.4% -2.2%

October 2018 13.0% 12.6% -3.1%

November 2018 13.8% 13.4% -2.9%

December 2018 11.8% 12.7% +7.6%

January 2019 13.0% 11.8% -9.2%

February 2019 11.3% 12.9% +14.2%

March 2019 15.4% 15.5% +0.6%

April 2019 15.5% 14.3% -7.7%

12-Month Avg 13.9% 13.9% -0.1%

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


16.5%15.5%

14.3%

2017 2018 2019

April

6%

8%

10%

12%

14%

16%

18%

20%

22%

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

Historical Percent of Properties Sold Over List Price

14.2% 14.1% 13.8%

2017 2018 2019

Year To Date

-2.1%-6.1% -7.7% -0.7%

Housing Affordability Index

MonthPrior Year

Current Year

+ / –

May 2018 154 136 -11.7%

June 2018 154 129 -16.2%

July 2018 152 131 -13.8%

August 2018 159 137 -13.8%

September 2018 157 139 -11.5%

October 2018 159 139 -12.6%

November 2018 156 136 -12.8%

December 2018 153 136 -11.1%

January 2019 156 149 -4.5%

February 2019 144 138 -4.2%

March 2019 138 137 -0.7%

April 2019 139 140 +0.7%

12-Month Avg 152 137 -9.4%


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

161

139 140

2017 2018 2019

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 1-2018 1-2019

Historical Housing Affordability Index

169

141 143

2017 2018 2019

Year To Date

+1.4%-13.7% +0.7% -16.6%

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 2018 9,308 9,199 -1.2%

June 2018 9,310 9,659 +3.7%

July 2018 9,165 9,871 +7.7%

August 2018 9,390 10,048 +7.0%

September 2018 9,056 10,046 +10.9%

October 2018 8,941 10,047 +12.4%

November 2018 8,667 9,972 +15.1%

December 2018 7,989 9,146 +14.5%

January 2019 8,220 9,328 +13.5%

February 2019 8,508 9,400 +10.5%

March 2019 8,841 9,419 +6.5%

April 2019 9,029 9,313 +3.1%

12-Month Avg 8,869 9,621 +8.6%


9,207 9,029 9,313

2017 2018 2019

April

5,000

7,000

9,000

11,000

13,000

15,000

17,000

19,000

21,000

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

Historical Inventory of Homes for Sale

+3.1%-1.9%

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 2018 4.0 3.7 -7.5%

June 2018 3.9 3.9 0.0%

July 2018 3.8 4.0 +5.3%

August 2018 3.9 4.0 +2.6%

September 2018 3.8 4.0 +5.3%

October 2018 3.7 4.0 +8.1%

November 2018 3.6 3.9 +8.3%

December 2018 3.3 3.6 +9.1%

January 2019 3.4 3.7 +8.8%

February 2019 3.5 3.7 +5.7%

March 2019 3.6 3.7 +2.8%

April 2019 3.7 3.6 -2.7%

12-Month Avg 3.7 3.8 +3.4%


3.93.7 3.6

2017 2018 2019

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 1-2018 1-2019

Historical Months Supply of Inventory

-2.7%-5.1%

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

April 2019 Quick Facts

$200,000 to $299,999 Previously Owned

Pending Sales 15

Days on Market Until Sale 16

Median Sales Price 17

Percent of Original List Price Received 18

Percent of Properties Sold Over List Price 19

Inventory of Homes for Sale 20

Months Supply of Inventory 21


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

Condo-Townhouse

A RESEARCH TOOL PROVIDED BY THENORTHEAST FLORIDA ASSOCIATION OF REALTORS

+ 13.2% + 5.1%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.

+ 6.3%

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

By Price Range 4-2018 4-2019 Change 4-2018 4-2019 Change 4-2018 4-2019 Change

$149,999 and Below 7,805 7,064 - 9.5% 5,648 5,013 - 11.2% 2,157 2,051 - 4.9%

$150,000 to $199,999 5,330 5,528 + 3.7% 4,247 4,198 - 1.2% 1,083 1,330 + 22.8%

$200,000 to $299,999 8,235 9,325 + 13.2% 7,526 8,552 + 13.6% 709 773 + 9.0%

$300,000 to $499,999 5,860 6,549 + 11.8% 5,466 6,081 + 11.3% 394 468 + 18.8%

$500,000 to $999,999 1,885 2,053 + 8.9% 1,700 1,853 + 9.0% 185 200 + 8.1%

$1,000,000 and Above 369 392 + 6.2% 315 344 + 9.2% 54 48 - 11.1%

All Price Ranges 29,484 30,911 + 4.8% 24,902 26,041 + 4.6% 4,582 4,870 + 6.3%

By Construction Status 4-2018 4-2019 Change 4-2018 4-2019 Change 4-2018 4-2019 Change

Previously Owned 24,704 25,967 + 5.1% 20,565 21,501 + 4.6% 4,139 4,466 + 7.9%

New Construction 4,780 4,944 + 3.4% 4,337 4,540 + 4.7% 443 404 - 8.8%

All Property Types 29,484 30,911 + 4.8% 24,902 26,041 + 4.6% 4,582 4,870 + 6.3%


All Properties Single-Family Condo-Townhouse

7,805

5,330

8,235

5,860

1,885

369

7,064

5,528

9,325

6,549

2,053

392

$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 Range4-2018 4-2019

24,704

4,780

25,967

4,944

Previously Owned New Construction

By Construction Status4-2018 4-2019

- 9.5%

24,902

4,582

26,041

4,870

Single-Family Condo-Townhouse

By Property Type4-2018 4-2019

+ 3.7% + 13.2% + 11.8% + 6.2% + 4.6% + 6.3%+ 5.1% + 3.4%+ 8.9%

Days on Market Until Sale


$149,999 and Below 58 52 - 10.3% 64 57 - 10.9% 44 42 - 4.5%

$150,000 to $199,999 50 45 - 10.0% 50 46 - 8.0% 52 43 - 17.3%

$200,000 to $299,999 66 65 - 1.5% 65 65 0.0% 73 68 - 6.8%

$300,000 to $499,999 87 81 - 6.9% 86 80 - 7.0% 93 92 - 1.1%

$500,000 to $999,999 107 94 - 12.1% 107 92 - 14.0% 106 109 + 2.8%

$1,000,000 and Above 129 125 - 3.1% 131 126 - 3.8% 117 113 - 3.4%

All Price Ranges 68 64 - 5.9% 70 66 - 5.7% 58 54 - 6.9%


Previously Owned 63 59 - 6.3% 64 60 - 6.3% 54 53 - 1.9%

New Construction 95 92 - 3.2% 97 95 - 2.1% 84 64 - 23.8%

All Property Types 68 64 - 5.9% 70 66 - 5.7% 58 54 - 6.9%


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


5850

66

87

107

129

5245

65

8194

125

$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


63

95

59

92



- 10.3%

7058

6654



- 10.0% - 1.5% - 6.9% - 3.1% - 5.7% - 6.9%- 6.3% - 3.2%- 12.1%

Median Sales Price


Previously Owned $194,900 $208,000 + 6.7% $207,000 $220,000 + 6.3% $145,000 $155,000 + 6.9%

New Construction $289,888 $298,000 + 2.8% $299,990 $303,400 + 1.1% $178,000 $186,085 + 4.5%

All Construction Statuses $211,000 $223,607 + 6.0% $225,000 $237,000 + 5.3% $150,000 $157,000 + 4.7%


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


$194,900

$289,888

$208,000

$298,000



$211,000$225,000

$150,000

$223,607$237,000

$157,000



+ 5.3% + 4.7%+ 6.7% + 6.0%+ 2.8%



$149,999 and Below 93.5% 93.0% - 0.5% 92.6% 92.0% - 0.6% 95.7% 95.3% - 0.4%

$150,000 to $199,999 97.0% 96.8% - 0.2% 97.0% 96.6% - 0.4% 97.1% 97.3% + 0.2%

$200,000 to $299,999 96.6% 96.6% 0.0% 96.6% 96.6% 0.0% 96.5% 96.1% - 0.4%

$300,000 to $499,999 96.2% 96.1% - 0.1% 96.2% 96.2% 0.0% 96.5% 95.1% - 1.5%

$500,000 to $999,999 95.1% 95.3% + 0.2% 95.1% 95.5% + 0.4% 95.2% 93.9% - 1.4%

$1,000,000 and Above 92.1% 91.4% - 0.8% 91.9% 91.3% - 0.7% 92.8% 92.0% - 0.9%

All Price Ranges 95.6% 95.5% - 0.1% 95.5% 95.5% 0.0% 96.1% 95.8% - 0.3%


Previously Owned 95.1% 95.0% - 0.1% 94.9% 94.9% 0.0% 95.8% 95.6% - 0.2%

New Construction 98.4% 98.5% + 0.1% 98.3% 98.4% + 0.1% 99.2% 98.7% - 0.5%

All Property Types 95.6% 95.5% - 0.1% 95.5% 95.5% 0.0% 96.1% 95.8% - 0.3%


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


93.5%

97.0%96.6%

96.2%

95.1%

92.1%

93.0%

96.8% 96.6%96.1%

95.3%

91.4%

$149,999 andBelow

$150,000 to$199,999

$200,000 to$299,999

$300,000 to$499,999

$500,000 to$999,999

$1,000,000 andAbove


95.1%

98.4%

95.0%

98.5%



- 0.5%

95.5%

96.1%

95.5%

95.8%



- 0.2% 0.0% - 0.1% - 0.8% 0.0% - 0.3%- 0.1% + 0.1%+ 0.2%



$149,999 and Below 17.7% 17.6% - 0.4% 19.3% 19.9% + 3.0% 10.8% 10.1% - 5.6%

$150,000 to $199,999 13.3% 13.5% + 1.6% 13.6% 14.2% + 4.8% 10.2% 5.9% - 42.5%

$200,000 to $299,999 10.5% 11.2% + 6.8% 10.3% 11.6% + 12.2% 12.8% 6.3% - 50.3%

$300,000 to $499,999 9.7% 10.5% + 7.9% 10.2% 11.0% + 7.5% 5.6% 5.7% + 2.9%

$500,000 to $999,999 5.3% 4.4% - 16.1% 5.9% 4.7% - 19.9% 1.6% 2.0% + 22.0%

$1,000,000 and Above 16.9% 16.5% - 2.3% 18.8% 18.9% + 0.6% 11.8% 10.6% - 10.1%

All Price Ranges 13.9% 13.9% - 0.1% 14.5% 14.8% + 1.8% 10.6% 9.1% - 13.8%


Previously Owned 13.7% 13.2% - 3.6% 14.5% 14.2% - 2.2% 9.9% 8.8% - 11.4%

New Construction 14.8% 17.3% + 17.1% 14.6% 17.7% + 21.3% 16.2% 12.9% - 20.7%

All Property Types 13.9% 13.9% - 0.1% 14.5% 14.8% + 1.8% 10.6% 9.1% - 13.8%


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


17.7%

13.3%

10.5%9.7%

5.3%

16.9%17.6%

13.5%

11.2% 10.5%

4.4%

16.5%

$149,999 andBelow

$150,000 to$199,999

$200,000 to$299,999

$300,000 to$499,999

$500,000 to$999,999

$1,000,000 andAbove


13.7%14.8%

13.2%

17.3%



- 0.4%

14.5%

10.6%

14.8%

9.1%



+ 1.6% + 6.8% + 7.9% - 2.3% + 1.8% - 13.8%- 3.6% + 17.1%- 16.1%

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


$149,999 and Below 1,648 1,385 - 16.0% 1,326 1,075 - 18.9% 322 310 - 3.7%

$150,000 to $199,999 942 922 - 2.1% 713 658 - 7.7% 229 264 + 15.3%

$200,000 to $299,999 2,230 2,485 + 11.4% 2,025 2,205 + 8.9% 205 280 + 36.6%

$300,000 to $499,999 2,475 2,547 + 2.9% 2,238 2,278 + 1.8% 237 269 + 13.5%

$500,000 to $999,999 1,272 1,451 + 14.1% 1,116 1,261 + 13.0% 156 190 + 21.8%

$1,000,000 and Above 462 523 + 13.2% 418 455 + 8.9% 44 68 + 54.5%

All Price Ranges 9,029 9,313 + 3.1% 7,836 7,932 + 1.2% 1,193 1,381 + 15.8%


Previously Owned 7,425 7,656 + 3.1% 6,338 6,451 + 1.8% 1,087 1,205 + 10.9%

New Construction 1,604 1,657 + 3.3% 1,498 1,481 - 1.1% 106 176 + 66.0%

All Property Types 9,029 9,313 + 3.1% 7,836 7,932 + 1.2% 1,193 1,381 + 15.8%



1,648

942

2,2302,475

1,272

462

1,385

922

2,485 2,547

1,451

523

$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


7,425

1,604

7,656

1,657



- 16.0%

7,836

1,193

7,932

1,381



- 2.1% + 11.4% + 2.9% + 13.2% + 1.2% + 15.8%+ 3.1% + 3.3%+ 14.1%

Months Supply of Inventory


$149,999 and Below 2.5 2.4 - 4.0% 2.8 2.6 - 7.1% 1.8 1.8 0.0%

$150,000 to $199,999 2.1 2.0 - 4.8% 2.0 1.9 - 5.0% 2.5 2.4 - 4.0%

$200,000 to $299,999 3.2 3.2 0.0% 3.2 3.1 - 3.1% 3.5 4.3 + 22.9%

$300,000 to $499,999 5.1 4.7 - 7.8% 4.9 4.5 - 8.2% 7.2 6.9 - 4.2%

$500,000 to $999,999 8.1 8.5 + 4.9% 7.9 8.2 + 3.8% 10.1 11.4 + 12.9%

$1,000,000 and Above 15.0 16.0 + 6.7% 15.9 15.9 0.0% 9.8 17.0 + 73.5%

All Price Ranges 3.7 3.6 - 2.7% 3.8 3.7 - 2.6% 3.1 3.4 + 9.7%


Previously Owned 3.6 3.5 - 1.9% 3.7 3.6 - 2.6% 3.2 3.2 + 2.7%

New Construction 4.0 4.0 - 0.1% 4.1 3.9 - 5.6% 2.9 5.2 + 82.1%

All Property Types 3.7 3.6 - 2.7% 3.8 3.7 - 2.6% 3.1 3.4 + 9.7%


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


2.5 2.13.2

5.1

8.1

15.0

2.4 2.03.2

4.7

8.5

16.0

$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


3.6

4.0

3.5

4.0



- 4.0%

3.8

3.13.7 3.4



- 4.8% 0.0% - 7.8% + 6.7% - 2.6% + 9.7%- 1.9% - 0.1%+ 4.9%

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

2018 2019 + / – 2018 2019 + / –

New Listings 362 333 - 8.0% 1,270 1,223 - 3.7%

Closed Sales 250 287 + 14.8% 828 838 + 1.2%

Median Sales Price* $235,000 $229,900 - 2.2% $234,500 $239,900 + 2.3%

Percent of Original List Price Received* 95.8% 95.9% + 0.1% 95.8% 95.5% - 0.3%

Percent of Properties Sold Over List Price* 14.4% 11.5% - 20.1% 13.2% 12.3% - 6.8%

Days on Market Until Sale 50 60 + 20.0% 60 63 + 5.0%

Inventory of Homes for Sale 742 714 - 3.8% -- -- --

Months Supply of Inventory 3.2 3.0 - 6.3% -- -- --

** 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 16, 2019. All data from Northeast Florida Multiple Listing Service. | Report © 2019 ShowingTime.

Local Market Update – April 2019

All MLS

Southside / Mandarin / Bartram

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

Southside / Mandarin / Bartram

- 8.0% + 14.8% - 2.2%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 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

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

a

1,270

828

1,223

838

New Listings Closed Sales

Year to Date 2018 2019

+ 1.2%- 3.7%

362

250

333287


April 2018 2019

+ 14.8%- 8.0%


2018 2019 + / – 2018 2019 + / –

New Listings 463 496 + 7.1% 1,630 1,694 + 3.9%

Closed Sales 331 342 + 3.3% 1,135 1,116 - 1.7%

Median Sales Price* $198,000 $209,950 + 6.0% $207,500 $195,000 - 6.0%

Percent of Original List Price Received* 97.0% 95.1% - 2.0% 96.2% 95.4% - 0.8%



Inventory of Homes for Sale 807 906 + 12.3% -- -- --

Months Supply of Inventory 2.7 2.9 + 7.4% -- -- --




All MLS

Southside


Southside+ 7.1% + 3.3% + 6.0%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price


- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

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


a

1,630

1,135

1,694

1,116



- 1.7%+ 3.9%

463

331

496

342


April 2018 2019

+ 3.3%+ 7.1%


2018 2019 + / – 2018 2019 + / –

New Listings 87 97 + 11.5% 289 341 + 18.0%

Closed Sales 51 73 + 43.1% 164 173 + 5.5%

Median Sales Price* $255,000 $325,000 + 27.5% $264,950 $275,000 + 3.8%









All MLS

Riverside / Avondale / Ortega


Riverside / Avondale / Ortega

+ 11.5% + 43.1% + 27.5%Change in



Median Sales Price


- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

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


a

289

164

341

173



+ 5.5%+ 18.0%

87

51

97

73


April 2018 2019

+ 43.1%+ 11.5%


2018 2019 + / – 2018 2019 + / –

New Listings 230 212 - 7.8% 823 863 + 4.9%

Closed Sales 153 196 + 28.1% 575 635 + 10.4%



Percent of Properties Sold Over List Price* 22.2% 23.5% + 5.9% 19.1% 18.9% - 1.0%

Days on Market Until Sale 59 48 - 18.6% 54 58 + 7.4%






All MLS

Arlington / Fort Caroline


Arlington / Fort Caroline

- 7.8% + 28.1% + 0.2%Change in



Median Sales Price


- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

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


a

823

575

863

635



+ 10.4%+ 4.9%

230

153

212 196


April 2018 2019

+ 28.1%- 7.8%


2018 2019 + / – 2018 2019 + / –

New Listings 135 164 + 21.5% 533 608 + 14.1%

Closed Sales 137 131 - 4.4% 409 418 + 2.2%




Days on Market Until Sale 53 46 - 13.2% 51 50 - 2.0%


Months Supply of Inventory 2.4 2.4 0.0% -- -- --




All MLS

Hyde Grove / Murray Hill / Lakeshore / Wesconnett


Hyde Grove / Murray Hill / Lakeshore / Wesconnett

+ 21.5% - 4.4% + 13.7%Change in



Median Sales Price


- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

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


a

533

409

608

418



+ 2.2%+ 14.1%

135 137164

131


April 2018 2019

- 4.4%+ 21.5%


2018 2019 + / – 2018 2019 + / –

New Listings 170 200 + 17.6% 648 735 + 13.4%

Closed Sales 135 167 + 23.7% 508 544 + 7.1%

Median Sales Price* $178,000 $178,000 0.0% $169,000 $180,000 + 6.5%

Percent of Original List Price Received* 96.9% 96.9% 0.0% 97.2% 96.3% - 0.9%








All MLS

West Jacksonville


West Jacksonville+ 17.6% + 23.7% 0.0%





- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

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


a

648

508

735

544



+ 7.1%+ 13.4%

170135

200167


April 2018 2019

+ 23.7%+ 17.6%


2018 2019 + / – 2018 2019 + / –

New Listings 210 185 - 11.9% 728 751 + 3.2%

Closed Sales 111 129 + 16.2% 370 448 + 21.1%




Days on Market Until Sale 54 57 + 5.6% 57 54 - 5.3%






All MLS

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


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

- 11.9% + 16.2% + 31.1%Change in



Median Sales Price


- 80%

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

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


a

728

370

751

448



+ 21.1%+ 3.2%

210

111

185

129


April 2018 2019

+ 16.2%- 11.9%


2018 2019 + / – 2018 2019 + / –

New Listings 34 29 - 14.7% 141 120 - 14.9%

Closed Sales 23 30 + 30.4% 72 101 + 40.3%










All MLS

Marietta / Whitehouse / Baldwin / Garden St / Dinsmore


Marietta / Whitehouse / Baldwin / Garden St / Dinsmore

- 14.7% + 30.4% + 0.4%Change in



Median Sales Price


- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

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


a

141

72

120101



+ 40.3%- 14.9%

34

2329 30


April 2018 2019

+ 30.4%- 14.7%


2018 2019 + / – 2018 2019 + / –

New Listings 188 199 + 5.9% 703 791 + 12.5%

Closed Sales 154 136 - 11.7% 502 510 + 1.6%


Percent of Original List Price Received* 95.6% 97.5% + 2.0% 96.2% 97.1% + 0.9%

Percent of Properties Sold Over List Price* 17.5% 21.3% + 21.7% 14.3% 20.4% + 42.7%







All MLS

Jacksonville - North


Jacksonville - North+ 5.9% - 11.7% + 2.8%





- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

+ 30%

+ 35%

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


a

703

502

791

510



+ 1.6%+ 12.5%

188154

199

136


April 2018 2019

- 11.7%+ 5.9%


2018 2019 + / – 2018 2019 + / –

New Listings 96 74 - 22.9% 295 267 - 9.5%

Closed Sales 52 53 + 1.9% 167 162 - 3.0%


Percent of Original List Price Received* 97.6% 97.6% 0.0% 96.6% 96.7% + 0.1%


Days on Market Until Sale 47 47 0.0% 57 56 - 1.8%






All MLS

Fleming Island Area


Fleming Island Area- 22.9% + 1.9% + 10.0%





- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

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


a

295

167

267

162



- 3.0%- 9.5%

96

52

74

53


April 2018 2019

+ 1.9%- 22.9%


2018 2019 + / – 2018 2019 + / –

New Listings 171 200 + 17.0% 652 674 + 3.4%

Closed Sales 131 151 + 15.3% 407 469 + 15.2%



Percent of Properties Sold Over List Price* 20.6% 18.5% - 10.2% 16.2% 19.6% + 21.0%







All MLS

Orange Park


Orange Park+ 17.0% + 15.3% + 7.0%





- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

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


a

652

407

674

469



+ 15.2%+ 3.4%

171131

200

151


April 2018 2019

+ 15.3%+ 17.0%


2018 2019 + / – 2018 2019 + / –

New Listings 105 112 + 6.7% 395 448 + 13.4%

Closed Sales 86 114 + 32.6% 268 347 + 29.5%










All MLS

Middleburg Vicinity


Middleburg Vicinity+ 6.7% + 32.6% + 16.5%





- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

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


a

395

268

448

347



+ 29.5%+ 13.4%

10586

112 114


April 2018 2019

+ 32.6%+ 6.7%


2018 2019 + / – 2018 2019 + / –

New Listings 25 24 - 4.0% 86 78 - 9.3%

Closed Sales 24 13 - 45.8% 59 55 - 6.8%










All MLS

Keystone Heights Vicinity


Keystone Heights Vicinity

- 4.0% - 45.8% + 92.5%Change in



Median Sales Price


- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

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


a

86

59

78

55



- 6.8%- 9.3%

25 2424

13


April 2018 2019

- 45.8%- 4.0%


2018 2019 + / – 2018 2019 + / –

New Listings 61 65 + 6.6% 228 253 + 11.0%

Closed Sales 47 67 + 42.6% 165 176 + 6.7%

Median Sales Price* $232,990 $222,000 - 4.7% $224,900 $223,500 - 0.6%









All MLS

Green Cove Springs


Green Cove Springs+ 6.6% + 42.6% - 4.7%





- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

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


a

228

165

253

176



+ 6.7%+ 11.0%

61

47

65 67


April 2018 2019

+ 42.6%+ 6.6%


2018 2019 + / – 2018 2019 + / –

New Listings 97 82 - 15.5% 352 308 - 12.5%

Closed Sales 64 73 + 14.1% 180 183 + 1.7%










All MLS

Jacksonville Beach


Jacksonville Beach- 15.5% + 14.1% + 5.0%





- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

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


a

352

180

308

183



+ 1.7%- 12.5%

97

6482

73


April 2018 2019

+ 14.1%- 15.5%


2018 2019 + / – 2018 2019 + / –

New Listings 17 15 - 11.8% 53 49 - 7.5%

Closed Sales 10 10 0.0% 30 25 - 16.7%

Median Sales Price* $446,000 $597,500 + 34.0% $442,400 $438,000 - 1.0%









All MLS

Neptune Beach


Neptune Beach- 11.8% 0.0% + 34.0%





- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

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


a

53

30

49

25



- 16.7%- 7.5%

17

10

15

10


April 2018 2019

0.0%- 11.8%


2018 2019 + / – 2018 2019 + / –

New Listings 40 37 - 7.5% 133 142 + 6.8%

Closed Sales 32 20 - 37.5% 90 76 - 15.6%


Percent of Original List Price Received* 95.7% 94.9% - 0.8% 95.2% 97.1% + 2.0%








All MLS

Atlantic Beach


Atlantic Beach- 7.5% - 37.5% - 1.5%





- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

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


a

133

90

142

76



- 15.6%+ 6.8%

40

3237

20


April 2018 2019

- 37.5%- 7.5%


2018 2019 + / – 2018 2019 + / –

New Listings 11 8 - 27.3% 69 42 - 39.1%

Closed Sales 21 9 - 57.1% 57 34 - 40.4%










All MLS

North Beach / Mayport


North Beach / Mayport

- 27.3% - 57.1% + 19.0%Change in



Median Sales Price


- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

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


a

6957

4234



- 40.4%- 39.1%

11

21

8 9


April 2018 2019

- 57.1%- 27.3%


2018 2019 + / – 2018 2019 + / –

New Listings 59 26 - 55.9% 156 114 - 26.9%

Closed Sales 30 26 - 13.3% 85 75 - 11.8%




Days on Market Until Sale 126 126 0.0% 119 114 - 4.2%






All MLS

NE St. Johns County – Ponte Vedra Beach North


NE St. Johns County – Ponte Vedra Beach North

- 55.9% - 13.3% - 1.0%Change in



Median Sales Price


- 80%

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

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


a

156

85114

75



- 11.8%- 26.9%

59

3026 26


April 2018 2019

- 13.3%- 55.9%


2018 2019 + / – 2018 2019 + / –

New Listings 139 126 - 9.4% 478 430 - 10.0%

Closed Sales 89 64 - 28.1% 243 209 - 14.0%










All MLS

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


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

- 9.4% - 28.1% + 7.6%Change in



Median Sales Price


- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

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


a

478

243

430

209



- 14.0%- 10.0%

139

89

126

64


April 2018 2019

- 28.1%- 9.4%


2018 2019 + / – 2018 2019 + / –

New Listings 92 111 + 20.7% 375 409 + 9.1%

Closed Sales 73 68 - 6.8% 214 235 + 9.8%










All MLS

Ponte Vedra / Nocatee (St. Johns County)


Ponte Vedra / Nocatee (St. Johns County)

+ 20.7% - 6.8% + 8.5%Change in



Median Sales Price


- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

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


a

375

214

409

235



+ 9.8%+ 9.1%

9273

111

68


April 2018 2019

- 6.8%+ 20.7%


2018 2019 + / – 2018 2019 + / –

New Listings 381 398 + 4.5% 1,353 1,537 + 13.6%

Closed Sales 237 263 + 11.0% 857 878 + 2.5%





Inventory of Homes for Sale 995 1,109 + 11.5% -- -- --





All MLS

St. Johns County - NW


St. Johns County - NW

+ 4.5% + 11.0% + 4.9%Change in



Median Sales Price


- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

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


a

1,353

857

1,537

878



+ 2.5%+ 13.6%

381

237

398

263


April 2018 2019

+ 11.0%+ 4.5%


2018 2019 + / – 2018 2019 + / –

New Listings 39 44 + 12.8% 169 175 + 3.6%

Closed Sales 25 29 + 16.0% 86 101 + 17.4%










All MLS

St. Johns County - NE


St. Johns County - NE

+ 12.8% + 16.0% + 10.0%Change in



Median Sales Price


- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

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


a

169

86

175

101



+ 17.4%+ 3.6%

39

25

44

29


April 2018 2019

+ 16.0%+ 12.8%


2018 2019 + / – 2018 2019 + / –

New Listings 23 40 + 73.9% 98 141 + 43.9%

Closed Sales 17 21 + 23.5% 53 60 + 13.2%



Percent of Properties Sold Over List Price* 0.0% 0.0% -- 3.8% 5.0% + 31.6%







All MLS

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


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

+ 73.9% + 23.5% + 28.9%Change in



Median Sales Price


- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

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


a

98

53

141

60



+ 13.2%+ 43.9%

2317

40

21


April 2018 2019

+ 23.5%+ 73.9%


2018 2019 + / – 2018 2019 + / –

New Listings 159 175 + 10.1% 672 708 + 5.4%

Closed Sales 130 124 - 4.6% 420 409 - 2.6%










All MLS

St. Johns County - SE


St. Johns County - SE

+ 10.1% - 4.6% - 0.2%Change in



Median Sales Price


- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

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


a

672

420

708

409



- 2.6%+ 5.4%

159130

175

124


April 2018 2019

- 4.6%+ 10.1%


2018 2019 + / – 2018 2019 + / –

New Listings 14 21 + 50.0% 65 55 - 15.4%

Closed Sales 9 10 + 11.1% 45 27 - 40.0%










All MLS

St. Johns County - SW


St. Johns County - SW

+ 50.0% + 11.1% - 6.1%Change in



Median Sales Price


- 100%

- 50%

0%

+ 50%

+ 100%

+ 150%

+ 200%

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


a

65

4555

27



- 40.0%- 15.4%

14

9

21

10


April 2018 2019

+ 11.1%+ 50.0%


2018 2019 + / – 2018 2019 + / –

New Listings 49 63 + 28.6% 179 184 + 2.8%

Closed Sales 32 34 + 6.3% 118 110 - 6.8%










All MLS

Putnam County NE


Putnam County NE+ 28.6% + 6.3% + 7.6%





- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

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


a

179

118

184

110



- 6.8%+ 2.8%

49

32

63

34


April 2018 2019

+ 6.3%+ 28.6%


2018 2019 + / – 2018 2019 + / –

New Listings 32 37 + 15.6% 116 129 + 11.2%

Closed Sales 19 28 + 47.4% 73 82 + 12.3%










All MLS

Putnam County - West


Putnam County - West

+ 15.6% + 47.4% + 2.8%Change in



Median Sales Price


- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

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


a

116

73

129

82



+ 12.3%+ 11.2%

32

19

37

28


April 2018 2019

+ 47.4%+ 15.6%


2018 2019 + / – 2018 2019 + / –

New Listings 26 25 - 3.8% 121 107 - 11.6%

Closed Sales 18 29 + 61.1% 78 87 + 11.5%










All MLS

Putnam County - South


Putnam County - South

- 3.8% + 61.1% + 47.1%Change in



Median Sales Price


- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

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


a

121

78

10787



+ 11.5%- 11.6%

26

18

2529


April 2018 2019

+ 61.1%- 3.8%


2018 2019 + / – 2018 2019 + / –

New Listings 59 24 - 59.3% 154 98 - 36.4%

Closed Sales 28 27 - 3.6% 92 68 - 26.1%










All MLS

Baker County


Baker County- 59.3% - 3.6% + 30.3%




April Year to Date

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

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


a

154

9298

68



- 26.1%- 36.4%

59

2824 27


April 2018 2019

- 3.6%- 59.3%


2018 2019 + / – 2018 2019 + / –

New Listings 457 473 + 3.5% 1,644 1,715 + 4.3%

Closed Sales 339 395 + 16.5% 1,058 1,203 + 13.7%



Percent of Properties Sold Over List Price* 17.7% 17.7% 0.0% 16.1% 17.2% + 6.8%







All MLS

Clay County


Clay County+ 3.5% + 16.5% + 8.2%




April Year to Date

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

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


a

1,644

1,058

1,715

1,203



+ 13.7%+ 4.3%

457

339

473395


April 2018 2019

+ 16.5%+ 3.5%


2018 2019 + / – 2018 2019 + / –

New Listings 2,055 2,070 + 0.7% 7,431 7,718 + 3.9%

Closed Sales 1,476 1,611 + 9.1% 4,951 5,125 + 3.5%





Inventory of Homes for Sale 4,166 4,314 + 3.6% -- -- --





All MLS

Duval County


Duval County+ 0.7% + 9.1% + 3.6%




April Year to Date

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

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


a

7,431

4,951

7,718

5,125



+ 3.5%+ 3.9%

2,055

1,476

2,070

1,611


April 2018 2019

+ 9.1%+ 0.7%


2018 2019 + / – 2018 2019 + / –

New Listings 144 208 + 44.4% 527 664 + 26.0%

Closed Sales 137 95 - 30.7% 353 361 + 2.3%










All MLS

Nassau County


Nassau County+ 44.4% - 30.7% + 0.3%




April Year to Date

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

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


a

527

353

664

361



+ 2.3%+ 26.0%

144 137

208

95


April 2018 2019

- 30.7%+ 44.4%


2018 2019 + / – 2018 2019 + / –

New Listings 107 126 + 17.8% 415 420 + 1.2%

Closed Sales 69 91 + 31.9% 269 278 + 3.3%










All MLS

Putnam County


Putnam County+ 17.8% + 31.9% + 17.0%




April Year to Date

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

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


a

415

269

420

278



+ 3.3%+ 1.2%

107

69

126

91


April 2018 2019

+ 31.9%+ 17.8%


2018 2019 + / – 2018 2019 + / –

New Listings 898 935 + 4.1% 3,333 3,537 + 6.1%

Closed Sales 608 601 - 1.2% 1,987 1,979 - 0.4%





Inventory of Homes for Sale 2,633 2,798 + 6.3% -- -- --





All MLS

St. Johns County


St. Johns County+ 4.1% - 1.2% + 4.0%




April Year to Date

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

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


a

3,333

1,987

3,537

1,979



- 0.4%+ 6.1%

898

608

935

601


April 2018 2019

- 1.2%+ 4.1%

Documents

Monthly Indicators - NEFAR.com · 2019-05-24 · Sales were up 5.8 percent to 3,171. Inventory levels rose 3.1 percent to 9,313 units. Prices continued to gain traction. The Median