Monthly Indicators - NEFAR.com...Median Sales Price Average Sales Price Percent of Original List...

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

March 2020 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 April 8, 2020. All data from Northeast Florida Multiple Listing Service. Report © 2020 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 .

+ 5.9%Change in

Median Sales Price

As COVID-19’s impact spread across the country in March, the stock market declines started in February accelerated downward before recovering a bit in the last week of the month. With volatility across all the financial markets, lenders began tightening underwriting standards and some buyers found they no longer were approved for a loan. Massive layoffs also shook the economy with 6.6 million initial jobless claims filed in a single week—double the number last week and ten times higher than any other week on record prior to this month.

New Listings in the Northeast Florida region increased 0.3 percent to 3,976. Pending Sales were down 5.9 percent to 2,832. Inventory levels fell 14.9 percent to 8,375 units.

Prices continued to gain traction. The Median Sales Price increased 5.9 percent to $243,635. Days on Market was down 1.4 percent to 70 days. Sellers were encouraged as Months Supply of Inventory was down 20.5 percent to 3.1 months.

While the effect of COVID-19 is varied throughout the country, we are likely to see impacts to housing activity now and into the coming months. Its continued spread is leading many companies and consumers to change their daily activities. ShowingTime is closely monitoring the situation and releasing daily updates on changes in showing activity. See national and state showing activity trends at https://www.showingtime.com/impact-of-coronavirus/.

- 14.9%Change inInventory

+ 2.1%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 3-2019 3-2020 +/- YTD 2019 YTD 2020 +/-


3.9

139 + 2.2%

- 14.9%

- 20.5%

8,375

3.1

143

--

-- --

--

--Months Supplyof Homes for Sale

Inventory of Homes for Sale

+ 0.8%

3,010 2,832 - 5.9% 7,727 8,113 + 5.0%

10,7573,963 3,976 + 0.3% 10,672

2,617 2,672 + 2.1% 6,466

New Listings

Pending Sales

Closed Sales

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

- 0.7%

--

$258,009 $281,989 + 9.3%

+ 0.6%95.1% 95.7%

136

9,840

71 70

142

$230,000 $243,635

$287,210 + 6.7%

95.6% 96.2%

$269,086

15.3% 14.2%

+ 5.9% $220,000

- 7.2% 13.6% 12.8% - 5.9%

6,939 + 7.3%

$237,500

- 1.4% 72 72 0.0%

+ 8.0%

+ 0.6%

3-2017 3-2018 3-2019 3-2020

3-2017 3-2018 3-2019 3-2020

3-2017 3-2018 3-2019 3-2020

3-2017 3-2018 3-2019 3-2020

3-2017 3-2018 3-2019 3-2020

3-2017 3-2018 3-2019 3-2020

3-2017 3-2018 3-2019 3-2020

3-2017 3-2018 3-2019 3-2020

3-2017 3-2018 3-2019 3-2020

3-2017 3-2018 3-2019 3-2020

3-2017 3-2018 3-2019 3-2020

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

MonthPrior Year

Current Year

+ / –

April 2019 3,815 3,999 +4.8%

May 2019 3,789 4,038 +6.6%

June 2019 3,874 3,546 -8.5%

July 2019 3,801 3,655 -3.8%

August 2019 3,749 3,576 -4.6%

September 2019 3,164 3,017 -4.6%

October 2019 3,420 3,573 +4.5%

November 2019 2,918 2,752 -5.7%

December 2019 2,063 2,162 +4.8%

January 2020 3,314 3,439 +3.8%

February 2020 3,395 3,342 -1.6%

March 2020 3,963 3,976 +0.3%

12-Month Avg 3,439 3,423 -0.5%


3,858 3,963 3,976

2018 2019 2020

March

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 1-2020

Historical New Listing Activity

10,00510,672 10,757

2018 2019 2020

Year To Date

+0.8%+2.7% +0.3% +6.7%

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

MonthPrior Year

Current Year

+ / –

April 2019 2,992 3,200 +7.0%

May 2019 2,955 3,145 +6.4%

June 2019 2,667 2,971 +11.4%

July 2019 2,804 2,983 +6.4%

August 2019 2,673 2,847 +6.5%

September 2019 2,349 2,436 +3.7%

October 2019 2,484 2,651 +6.7%

November 2019 2,132 2,359 +10.6%

December 2019 1,869 2,120 +13.4%

January 2020 2,225 2,509 +12.8%

February 2020 2,492 2,772 +11.2%

March 2020 3,010 2,832 -5.9%

12-Month Avg 2,554 2,735 +7.1%


2,914 3,0102,832

2018 2019 2020

March

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 1-2020

Historical Pending Sales Activity

7,318 7,727 8,113

2018 2019 2020

Year To Date

+5.0%+3.3% -5.9% +5.6%

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

MonthPrior Year

Current Year

+ / –

April 2019 2,712 3,026 +11.6%

May 2019 2,958 3,340 +12.9%

June 2019 3,090 3,018 -2.3%

July 2019 2,771 3,029 +9.3%

August 2019 2,898 3,006 +3.7%

September 2019 2,334 2,654 +13.7%

October 2019 2,544 2,552 +0.3%

November 2019 2,392 2,353 -1.6%

December 2019 2,360 2,746 +16.4%

January 2020 1,726 1,932 +11.9%

February 2020 2,123 2,335 +10.0%

March 2020 2,617 2,672 +2.1%

12-Month Avg 2,544 2,722 +7.3%


2,630 2,617 2,672

2018 2019 2020

March

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 1-2020

Historical Closed Sales Activity

6,197 6,4666,939

2018 2019 2020

Year To Date

+7.3%-0.5% +2.1% +4.3%

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

+ / –

April 2019 66 67 +1.5%

May 2019 61 66 +8.2%

June 2019 58 63 +8.6%

July 2019 60 64 +6.7%

August 2019 60 62 +3.3%

September 2019 65 66 +1.5%

October 2019 59 65 +10.2%

November 2019 61 65 +6.6%

December 2019 69 71 +2.9%

January 2020 70 74 +5.7%

February 2020 76 73 -3.9%

March 2020 71 70 -1.4%

12-Month Avg 64 67 +4.4%


72 71 70

2018 2019 2020

March

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 1-2020

Historical Days on Market Until Sale

72 72 72

2018 2019 2020

Year To Date

0.0%-1.4% -1.4% 0.0%

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

MonthPrior Year

Current Year

+ / –

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

May 2019 $225,000 $232,000 +3.1%

June 2019 $235,000 $242,000 +3.0%

July 2019 $230,000 $241,250 +4.9%

August 2019 $220,000 $240,000 +9.1%

September 2019 $216,945 $235,000 +8.3%

October 2019 $212,000 $235,000 +10.8%

November 2019 $220,000 $232,000 +5.5%

December 2019 $226,850 $240,000 +5.8%

January 2020 $207,000 $230,000 +11.1%

February 2020 $225,000 $237,000 +5.3%

March 2020 $230,000 $243,635 +5.9%

12-Month Med $223,000 $236,888 +6.2%


$225,000 $230,000$243,635

2018 2019 2020

March

$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 1-2020

Historical Median Sales Price

$215,000 $220,000$237,500

2018 2019 2020

Year To Date

+8.0%+2.2% +5.9% +2.3%

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

MonthPrior Year

Current Year

+ / –

April 2019 $268,709 $277,185 +3.2%

May 2019 $271,979 $275,006 +1.1%

June 2019 $280,933 $297,458 +5.9%

July 2019 $274,288 $282,596 +3.0%

August 2019 $264,182 $288,750 +9.3%

September 2019 $256,622 $271,551 +5.8%

October 2019 $263,524 $272,408 +3.4%

November 2019 $261,197 $271,517 +4.0%

December 2019 $267,576 $289,907 +8.3%

January 2020 $243,161 $272,489 +12.1%

February 2020 $256,406 $283,877 +10.7%

March 2020 $269,086 $287,210 +6.7%

12-Month Avg $266,040 $281,253 +5.7%


$267,195 $269,086$287,210

2018 2019 2020

March

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

$300,000

$320,000

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 1-2020

Historical Average Sales Price

$257,717 $258,009$281,989

2018 2019 2020

Year To Date

+ 9.3%+ 0.7% + 6.7% + 0.1%


MonthPrior Year

Current Year

+ / –

April 2019 95.8% 95.5% -0.3%

May 2019 96.3% 96.2% -0.1%

June 2019 96.3% 96.3% 0.0%

July 2019 96.1% 95.9% -0.2%

August 2019 95.6% 96.1% +0.5%

September 2019 95.6% 95.5% -0.1%

October 2019 95.3% 95.3% 0.0%

November 2019 95.1% 95.3% +0.2%

December 2019 94.7% 95.6% +1.0%

January 2020 94.5% 95.0% +0.5%

February 2020 95.1% 95.7% +0.6%

March 2020 95.6% 96.2% +0.6%

12-Month Avg 95.6% 95.8% +0.2%


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.

96.0% 95.6% 96.2%

2018 2019 2020

March

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 1-2020

Historical Percent of Original List Price Received

95.5% 95.1% 95.7%

2018 2019 2020

Year To Date

+0.6%-0.4% +0.6% -0.4%


MonthPrior Year

Current Year

+ / –

April 2019 15.6% 14.4% -7.7%

May 2019 16.2% 15.0% -7.4%

June 2019 14.5% 14.1% -2.8%

July 2019 14.4% 13.7% -4.9%

August 2019 13.3% 14.0% +5.3%

September 2019 13.5% 12.9% -4.4%

October 2019 12.6% 11.7% -7.1%

November 2019 13.5% 11.6% -14.1%

December 2019 12.7% 12.1% -4.7%

January 2020 11.7% 11.2% -4.3%

February 2020 13.0% 12.7% -2.3%

March 2020 15.3% 14.2% -7.2%

12-Month Avg 14.0% 13.3% -5.2%

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


15.4% 15.3%14.2%

2018 2019 2020

March

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 1-2020

Historical Percent of Properties Sold Over List Price

13.4% 13.6%12.8%

2018 2019 2020

Year To Date

-5.9%-0.6% -7.2% +1.5%

Housing Affordability Index

MonthPrior Year

Current Year

+ / –

April 2019 139 140 +0.7%

May 2019 136 136 0.0%

June 2019 129 130 +0.8%

July 2019 131 134 +2.3%

August 2019 137 137 0.0%

September 2019 139 137 -1.4%

October 2019 139 137 -1.4%

November 2019 136 142 +4.4%

December 2019 136 137 +0.7%

January 2020 149 147 -1.3%

February 2020 137 143 +4.4%

March 2020 136 139 +2.2%

12-Month Avg 137 138 +0.9%


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.

138 136 139

2018 2019 2020

March

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 1-2020

Historical Housing Affordability Index

145 143 142

2018 2019 2020

Year To Date

-0.7%-1.4% +2.2% -1.4%

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

+ / –

April 2019 8,948 9,954 +11.2%

May 2019 9,116 10,019 +9.9%

June 2019 9,573 9,904 +3.5%

July 2019 9,790 9,843 +0.5%

August 2019 9,984 9,786 -2.0%

September 2019 9,982 9,538 -4.4%

October 2019 10,009 9,566 -4.4%

November 2019 9,968 9,164 -8.1%

December 2019 9,190 8,241 -10.3%

January 2020 9,463 8,394 -11.3%

February 2020 9,649 8,262 -14.4%

March 2020 9,840 8,375 -14.9%

12-Month Avg 9,626 9,254 -3.7%


8,7729,840

8,375

2018 2019 2020

March

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 1-2020

Historical Inventory of Homes for Sale

-14.9%+12.2

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

+ / –

April 2019 3.6 3.9 +8.3%

May 2019 3.7 3.9 +5.4%

June 2019 3.9 3.8 -2.6%

July 2019 4.0 3.7 -7.5%

August 2019 4.0 3.7 -7.5%

September 2019 4.0 3.6 -10.0%

October 2019 4.0 3.6 -10.0%

November 2019 3.9 3.4 -12.8%

December 2019 3.6 3.0 -16.7%

January 2020 3.7 3.1 -16.2%

February 2020 3.8 3.0 -21.1%

March 2020 3.9 3.1 -20.5%

12-Month Avg 3.8 3.5 -9.4%


3.63.9

3.1

2018 2019 2020

March

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 1-2020

Historical Months Supply of Inventory

-20.5%+8.3%

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

March 2020 Quick Facts

$500,000 to $999,999 New Construction

Pending Sales 15

Days on Market Until Sale 16

Median Sales Price 17

Percent of Original List Price Received 18

Percent of Properties Sold Over List Price 19

Inventory of Homes for Sale 20

Months Supply of Inventory 21


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 .

Single-Family

A RESEARCH TOOL PROVIDED BY THENORTHEAST FLORIDA ASSOCIATION OF REALTORS

+ 20.5% + 11.3%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.

+ 8.4%

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

By Price Range 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change

$149,999 and Below 7,022 6,003 - 14.5% 4,833 4,250 - 12.1% 2,189 1,753 - 19.9%

$150,000 to $199,999 5,455 5,631 + 3.2% 4,012 4,059 + 1.2% 1,443 1,572 + 8.9%

$200,000 to $299,999 9,194 10,826 + 17.8% 8,320 9,664 + 16.2% 874 1,162 + 33.0%

$300,000 to $499,999 6,523 7,414 + 13.7% 5,953 6,758 + 13.5% 570 656 + 15.1%

$500,000 to $999,999 2,066 2,490 + 20.5% 1,823 2,259 + 23.9% 243 231 - 4.9%

$1,000,000 and Above 392 461 + 17.6% 335 397 + 18.5% 57 64 + 12.3%

All Price Ranges 30,652 32,825 + 7.1% 25,276 27,387 + 8.4% 5,376 5,438 + 1.2%

By Construction Status 3-2019 3-2020 Change 3-2019 3-2020 Change 3-2019 3-2020 Change

Previously Owned 25,736 27,353 + 6.3% 20,809 22,357 + 7.4% 4,927 4,996 + 1.4%

New Construction 4,916 5,472 + 11.3% 4,467 5,030 + 12.6% 449 442 - 1.6%

All Property Types 30,652 32,825 + 7.1% 25,276 27,387 + 8.4% 5,376 5,438 + 1.2%


All Properties Single-Family Condo-Townhouse

7,022

5,455

9,194

6,523

2,066

392

6,003 5,631

10,826

7,414

2,490

461

$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 Range3-2019 3-2020

25,736

4,916

27,353

5,472

Previously Owned New Construction

By Construction Status3-2019 3-2020

- 14.5%

25,276

5,376

27,387

5,438

Single-Family Condo-Townhouse

By Property Type3-2019 3-2020

+ 3.2% + 17.8% + 13.7% + 17.6% + 8.4% + 1.2%+ 6.3% + 11.3%+ 20.5%

Days on Market Until Sale


$149,999 and Below 52 59 + 13.5% 58 62 + 6.9% 41 51 + 24.4%

$150,000 to $199,999 44 47 + 6.8% 45 46 + 2.2% 40 50 + 25.0%

$200,000 to $299,999 65 65 0.0% 65 65 0.0% 64 67 + 4.7%

$300,000 to $499,999 81 80 - 1.2% 80 79 - 1.3% 91 81 - 11.0%

$500,000 to $999,999 92 93 + 1.1% 91 92 + 1.1% 102 111 + 8.8%

$1,000,000 and Above 128 126 - 1.6% 130 128 - 1.5% 111 113 + 1.8%

All Price Ranges 64 67 + 4.7% 67 68 + 1.5% 53 61 + 15.1%


Previously Owned 59 61 + 3.4% 60 61 + 1.7% 52 59 + 13.5%

New Construction 93 98 + 5.4% 96 100 + 4.2% 66 80 + 21.2%

All Property Types 64 67 + 4.7% 67 68 + 1.5% 53 61 + 15.1%


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


5244

65

8192

128

5947

6580

93

126

$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


59

93

61

98



+ 13.5%

67

53

6861



+ 6.8% 0.0% - 1.2% - 1.6% + 1.5% + 15.1%+ 3.4% + 5.4%+ 1.1%

Median Sales Price


Previously Owned $207,500 $220,000 + 6.0% $220,000 $235,000 + 6.8% $156,000 $165,000 + 5.8%

New Construction $297,995 $294,900 - 1.0% $303,490 $299,938 - 1.2% $197,740 $249,985 + 26.4%

All Construction Statuses $223,000 $236,888 + 6.2% $237,901 $249,270 + 4.8% $159,000 $170,000 + 6.9%


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


$207,500

$297,995

$220,000

$294,900



$223,000$237,901

$159,000

$236,888 $249,270

$170,000



+ 4.8% + 6.9%+ 6.0% + 6.2%- 1.0%



$149,999 and Below 93.0% 92.5% - 0.5% 91.9% 91.3% - 0.7% 95.4% 95.2% - 0.2%

$150,000 to $199,999 96.9% 96.6% - 0.3% 96.7% 96.4% - 0.3% 97.4% 97.1% - 0.3%

$200,000 to $299,999 96.6% 97.0% + 0.4% 96.6% 97.1% + 0.5% 96.1% 96.3% + 0.2%

$300,000 to $499,999 96.1% 96.4% + 0.3% 96.2% 96.5% + 0.3% 95.3% 95.7% + 0.4%

$500,000 to $999,999 95.5% 95.8% + 0.3% 95.6% 95.8% + 0.2% 94.6% 95.0% + 0.4%

$1,000,000 and Above 91.2% 91.7% + 0.5% 91.1% 91.7% + 0.7% 91.9% 92.1% + 0.2%

All Price Ranges 95.6% 95.8% + 0.2% 95.5% 95.7% + 0.2% 95.9% 96.0% + 0.1%


Previously Owned 95.0% 95.2% + 0.2% 94.8% 95.1% + 0.3% 95.7% 95.8% + 0.1%

New Construction 98.4% 98.6% + 0.2% 98.4% 98.7% + 0.3% 98.4% 98.0% - 0.4%

All Property Types 95.6% 95.8% + 0.2% 95.5% 95.7% + 0.2% 95.9% 96.0% + 0.1%


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.


93.0%

96.9% 96.6%96.1%

95.5%

91.2%

92.5%

96.6%97.0%

96.4%95.8%

91.7%

$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


95.0%

98.4%

95.2%

98.6%



- 0.5%

95.5%

95.9%

95.7%

96.0%



- 0.3% + 0.4% + 0.3% + 0.5% + 0.2% + 0.1%+ 0.2% + 0.2%+ 0.3%



$149,999 and Below 18.0% 16.1% - 10.6% 20.3% 18.4% - 9.6% 11.2% 9.7% - 12.9%

$150,000 to $199,999 13.6% 14.0% + 3.3% 14.4% 14.8% + 2.9% 6.4% 7.8% + 22.3%

$200,000 to $299,999 11.2% 10.9% - 3.0% 11.7% 11.4% - 2.7% 6.3% 5.9% - 5.9%

$300,000 to $499,999 10.6% 10.1% - 4.3% 11.3% 11.0% - 3.5% 4.6% 2.0% - 57.2%

$500,000 to $999,999 4.4% 6.1% + 38.6% 4.7% 6.3% + 34.7% 1.9% 4.3% + 122.9%

$1,000,000 and Above 16.6% 15.4% - 7.2% 18.9% 17.2% - 8.9% 11.7% 11.3% - 3.5%

All Price Ranges 14.0% 13.3% - 5.2% 14.9% 14.1% - 5.2% 9.6% 8.9% - 7.2%


Previously Owned 13.4% 12.8% - 4.8% 14.3% 13.7% - 4.5% 9.5% 8.7% - 8.0%

New Construction 17.1% 15.8% - 7.3% 17.7% 16.2% - 8.5% 11.3% 11.6% + 2.8%

All Property Types 14.0% 13.3% - 5.2% 14.9% 14.1% - 5.2% 9.6% 8.9% - 7.2%


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


18.0%

13.6%

11.2% 10.6%

4.4%

16.6%16.1%

14.0%

10.9%10.1%

6.1%

15.4%

$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


13.4%

17.1%

12.8%

15.8%



- 10.6%

14.9%

9.6%

14.1%

8.9%



+ 3.3% - 3.0% - 4.3% - 7.2% - 5.2% - 7.2%- 4.8% - 7.3%+ 38.6%

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.


$149,999 and Below 1,681 1,383 - 17.7% 1,315 1,059 - 19.5% 366 324 - 11.5%

$150,000 to $199,999 1,086 838 - 22.8% 758 561 - 26.0% 328 277 - 15.5%

$200,000 to $299,999 2,674 2,238 - 16.3% 2,354 1,915 - 18.6% 320 323 + 0.9%

$300,000 to $499,999 2,562 2,240 - 12.6% 2,249 1,972 - 12.3% 313 268 - 14.4%

$500,000 to $999,999 1,360 1,251 - 8.0% 1,158 1,070 - 7.6% 202 181 - 10.4%

$1,000,000 and Above 477 425 - 10.9% 414 384 - 7.2% 63 41 - 34.9%

All Price Ranges 9,840 8,375 - 14.9% 8,248 6,961 - 15.6% 1,592 1,414 - 11.2%


Previously Owned 7,981 6,749 - 15.4% 6,573 5,549 - 15.6% 1,408 1,200 - 14.8%

New Construction 1,859 1,626 - 12.5% 1,675 1,412 - 15.7% 184 214 + 16.3%

All Property Types 9,840 8,375 - 14.9% 8,248 6,961 - 15.6% 1,592 1,414 - 11.2%



1,681

1,086

2,6742,562

1,360

477

1,383

838

2,238 2,240

1,251

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


7,981

1,859

6,749

1,626



- 17.7%

8,248

1,592

6,961

1,414



- 22.8% - 16.3% - 12.6% - 10.9% - 15.6% - 11.2%- 15.4% - 12.5%- 8.0%

Months Supply of Inventory


$149,999 and Below 2.9 2.8 - 3.4% 3.3 3.0 - 9.1% 2.0 2.2 + 10.0%

$150,000 to $199,999 2.4 1.8 - 25.0% 2.3 1.7 - 26.1% 2.7 2.1 - 22.2%

$200,000 to $299,999 3.5 2.5 - 28.6% 3.4 2.4 - 29.4% 4.4 3.3 - 25.0%

$300,000 to $499,999 4.7 3.6 - 23.4% 4.5 3.5 - 22.2% 6.6 4.9 - 25.8%

$500,000 to $999,999 7.9 6.0 - 24.1% 7.6 5.7 - 25.0% 10.0 9.4 - 6.0%

$1,000,000 and Above 14.6 11.1 - 24.0% 14.8 11.6 - 21.6% 13.3 7.7 - 42.1%

All Price Ranges 3.9 3.1 - 20.5% 3.9 3.1 - 20.5% 3.6 3.1 - 13.9%


Previously Owned 3.7 3.0 - 20.4% 3.8 3.0 - 21.4% 3.4 2.9 - 15.9%

New Construction 4.5 3.6 - 21.4% 4.5 3.4 - 25.1% 4.9 5.8 + 18.1%

All Property Types 3.9 3.1 - 20.5% 3.9 3.1 - 20.5% 3.6 3.1 - 13.9%


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.


2.9 2.43.5

4.7

7.9

14.6

2.81.8

2.53.6

6.0

11.1

$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


3.7

4.5

3.03.6



- 3.4%

3.93.6

3.1 3.1



- 25.0% - 28.6% - 23.4% - 24.0% - 20.5% - 13.9%- 20.4% - 21.4%- 24.1%

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

2019 2020 + / – 2019 2020 + / –

New Listings 350 318 - 9.1% 896 886 - 1.1%

Closed Sales 196 215 + 9.7% 553 543 - 1.8%

Median Sales Price* $245,000 $245,000 0.0% $244,500 $246,750 + 0.9%

Percent of Original List Price Received* 95.6% 97.3% + 1.8% 95.3% 96.5% + 1.3%

Percent of Properties Sold Over List Price* 13.3% 22.3% + 67.7% 12.5% 14.4% + 15.2%

Days on Market Until Sale 65 54 - 16.9% 66 61 - 7.6%

Inventory of Homes for Sale 739 601 - 18.7% -- -- --

Months Supply of Inventory 3.1 2.7 - 12.9% -- -- --

Local Market Update – March 2020

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

- 9.1% + 9.7% 0.0%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

Region 01 March 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 April 8, 2020. All data from Northeast Florida Multiple Listing Service. | Report © 2020 ShowingTime.

- 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 1-2020

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

a

896

553

886

543

New Listings Closed Sales

Year to Date 2019 2020

- 1.8%- 1.1%

350

196

318

215


March 2019 2020

+ 9.7%- 9.1%


2019 2020 + / – 2019 2020 + / –

New Listings 446 530 + 18.8% 1,199 1,255 + 4.7%

Closed Sales 327 312 - 4.6% 779 842 + 8.1%

Median Sales Price* $211,500 $233,995 + 10.6% $187,000 $234,995 + 25.7%



Days on Market Until Sale 61 52 - 14.8% 58 64 + 10.3%

Inventory of Homes for Sale 872 872 0.0% -- -- --



All MLS

Southside


Southside+ 18.8% - 4.6% + 10.6%

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 1-2020


a

1,199

779

1,255

842



+ 8.1%+ 4.7%

446

327

530

312


March 2019 2020

- 4.6%+ 18.8%


2019 2020 + / – 2019 2020 + / –

New Listings 93 80 - 14.0% 244 230 - 5.7%

Closed Sales 45 57 + 26.7% 102 133 + 30.4%




Days on Market Until Sale 79 83 + 5.1% 84 82 - 2.4%




All MLS

Riverside / Avondale / Ortega


Riverside / Avondale / Ortega

- 14.0% + 26.7% + 31.1%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 1-2020


a

244

102

230

133



+ 30.4%- 5.7%

93

45

80

57


March 2019 2020

+ 26.7%- 14.0%


2019 2020 + / – 2019 2020 + / –

New Listings 243 225 - 7.4% 651 632 - 2.9%

Closed Sales 183 153 - 16.4% 445 415 - 6.7%



Percent of Properties Sold Over List Price* 19.1% 11.8% - 38.2% 17.1% 14.0% - 18.1%





All MLS

Arlington / Fort Caroline


Arlington / Fort Caroline

- 7.4% - 16.4% + 0.5%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 1-2020


a

651

445

632

415



- 6.7%- 2.9%

243

183225

153


March 2019 2020

- 16.4%- 7.4%


2019 2020 + / – 2019 2020 + / –

New Listings 140 164 + 17.1% 442 442 0.0%

Closed Sales 114 123 + 7.9% 291 321 + 10.3%


Percent of Original List Price Received* 95.9% 95.2% - 0.7% 94.9% 94.9% 0.0%


Days on Market Until Sale 51 61 + 19.6% 52 56 + 7.7%




All MLS

Hyde Grove / Murray Hill / Lakeshore / Wesconnett


Hyde Grove / Murray Hill / Lakeshore / Wesconnett

+ 17.1% + 7.9% + 11.3%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 1-2020


a

442

291

442

321



+ 10.3%0.0%

140114

164

123


March 2019 2020

+ 7.9%+ 17.1%


2019 2020 + / – 2019 2020 + / –

New Listings 213 228 + 7.0% 540 623 + 15.4%

Closed Sales 135 176 + 30.4% 384 447 + 16.4%








All MLS

West Jacksonville


West Jacksonville+ 7.0% + 30.4% + 3.2%







- 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 1-2020


a

540

384

623

447



+ 16.4%+ 15.4%

213

135

228

176


March 2019 2020

+ 30.4%+ 7.0%


2019 2020 + / – 2019 2020 + / –

New Listings 164 212 + 29.3% 565 577 + 2.1%

Closed Sales 109 83 - 23.9% 323 313 - 3.1%


Percent of Original List Price Received* 87.6% 89.7% + 2.4% 89.3% 89.0% - 0.3%






All MLS

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


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

+ 29.3% - 23.9% + 6.7%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 1-2020


a

565

323

577

313



- 3.1%+ 2.1%

164

109

212

83


March 2019 2020

- 23.9%+ 29.3%


2019 2020 + / – 2019 2020 + / –

New Listings 30 49 + 63.3% 91 123 + 35.2%

Closed Sales 29 27 - 6.9% 72 60 - 16.7%

Median Sales Price* $206,990 $177,500 - 14.2% $195,000 $184,500 - 5.4%







All MLS

Marietta / Whitehouse / Baldwin / Garden St / Dinsmore


Marietta / Whitehouse / Baldwin / Garden St / Dinsmore

+ 63.3% - 6.9% - 14.2%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 1-2020


a

9172

123

60



- 16.7%+ 35.2%

30 29

49

27


March 2019 2020

- 6.9%+ 63.3%


2019 2020 + / – 2019 2020 + / –

New Listings 242 229 - 5.4% 595 551 - 7.4%

Closed Sales 161 158 - 1.9% 377 419 + 11.1%


Percent of Original List Price Received* 98.1% 97.8% - 0.3% 96.9% 97.1% + 0.2%






All MLS

Jacksonville - North


Jacksonville - North- 5.4% - 1.9% + 5.8%







- 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 1-2020


a

595

377

551

419



+ 11.1%- 7.4%

242

161

229

158


March 2019 2020

- 1.9%- 5.4%


2019 2020 + / – 2019 2020 + / –

New Listings 78 74 - 5.1% 191 188 - 1.6%

Closed Sales 44 52 + 18.2% 113 125 + 10.6%








All MLS

Fleming Island Area


Fleming Island Area- 5.1% + 18.2% + 9.9%







- 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 1-2020


a

191

113

188

125



+ 10.6%- 1.6%

78

44

74

52


March 2019 2020

+ 18.2%- 5.1%


2019 2020 + / – 2019 2020 + / –

New Listings 173 159 - 8.1% 479 455 - 5.0%

Closed Sales 140 121 - 13.6% 322 320 - 0.6%



Percent of Properties Sold Over List Price* 16.4% 20.7% + 26.2% 20.2% 19.1% - 5.4%





All MLS

Orange Park


Orange Park- 8.1% - 13.6% + 3.3%







- 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 1-2020


a

479

322

455

320



- 0.6%- 5.0%

173

140159

121


March 2019 2020

- 13.6%- 8.1%


2019 2020 + / – 2019 2020 + / –

New Listings 150 129 - 14.0% 336 327 - 2.7%

Closed Sales 92 95 + 3.3% 235 204 - 13.2%








All MLS

Middleburg Vicinity


Middleburg Vicinity- 14.0% + 3.3% + 13.7%







- 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 1-2020


a

336

235

327

204



- 13.2%- 2.7%

150

92

129

95


March 2019 2020

+ 3.3%- 14.0%


2019 2020 + / – 2019 2020 + / –

New Listings 13 25 + 92.3% 55 65 + 18.2%

Closed Sales 20 18 - 10.0% 42 46 + 9.5%


Percent of Original List Price Received* 98.1% 88.8% - 9.5% 95.5% 90.8% - 4.9%

Percent of Properties Sold Over List Price* 15.0% 16.7% + 11.3% 19.0% 13.0% - 31.6%





All MLS

Keystone Heights Vicinity


Keystone Heights Vicinity

+ 92.3% - 10.0% - 9.7%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 1-2020


a

55

42

65

46



+ 9.5%+ 18.2%

13

20

25

18


March 2019 2020

- 10.0%+ 92.3%


2019 2020 + / – 2019 2020 + / –

New Listings 71 156 + 119.7% 189 302 + 59.8%

Closed Sales 48 58 + 20.8% 110 161 + 46.4%





Inventory of Homes for Sale 157 234 + 49.0% -- -- --

Months Supply of Inventory 3.8 3.9 + 2.6% -- -- --


All MLS

Green Cove Springs


Green Cove Springs+ 119.7% + 20.8% - 11.2%







- 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 1-2020


a

189

110

302

161



+ 46.4%+ 59.8%

7148

156

58


March 2019 2020

+ 20.8%+ 119.7%


2019 2020 + / – 2019 2020 + / –

New Listings 78 92 + 17.9% 227 242 + 6.6%

Closed Sales 56 46 - 17.9% 112 132 + 17.9%








All MLS

Jacksonville Beach


Jacksonville Beach+ 17.9% - 17.9% + 1.9%







- 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 1-2020


a

227

112

242

132



+ 17.9%+ 6.6%

78

56

92

46


March 2019 2020

- 17.9%+ 17.9%


2019 2020 + / – 2019 2020 + / –

New Listings 9 14 + 55.6% 34 50 + 47.1%

Closed Sales 6 18 + 200.0% 15 35 + 133.3%

Median Sales Price* $632,500 $415,000 - 34.4% $410,000 $440,000 + 7.3%


Percent of Properties Sold Over List Price* 0.0% 0.0% -- 0.0% 5.7% --





All MLS

Neptune Beach


Neptune Beach+ 55.6% + 200.0% - 34.4%







- 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 1-2020


a

34

15

50

35



+ 133.3%+ 47.1%

96

14

18


March 2019 2020

+ 200.0%+ 55.6%


2019 2020 + / – 2019 2020 + / –

New Listings 42 29 - 31.0% 107 79 - 26.2%

Closed Sales 27 22 - 18.5% 58 54 - 6.9%


Percent of Original List Price Received* 97.4% 97.4% 0.0% 97.7% 95.4% - 2.4%






All MLS

Atlantic Beach


Atlantic Beach- 31.0% - 18.5% - 11.4%







- 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 1-2020


a

107

58

79

54



- 6.9%- 26.2%

42

272922


March 2019 2020

- 18.5%- 31.0%


2019 2020 + / – 2019 2020 + / –

New Listings 11 13 + 18.2% 34 44 + 29.4%

Closed Sales 10 11 + 10.0% 26 37 + 42.3%








All MLS

North Beach / Mayport


North Beach / Mayport

+ 18.2% + 10.0% - 3.9%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 1-2020


a

3426

4437



+ 42.3%+ 29.4%

1110

1311


March 2019 2020

+ 10.0%+ 18.2%


2019 2020 + / – 2019 2020 + / –

New Listings 33 36 + 9.1% 89 98 + 10.1%

Closed Sales 20 14 - 30.0% 49 52 + 6.1%

Median Sales Price* $331,000 $656,250 + 98.3% $548,639 $479,529 - 12.6%







All MLS

NE St. Johns County – Ponte Vedra Beach North


NE St. Johns County – Ponte Vedra Beach North

+ 9.1% - 30.0% + 98.3%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 1-2020


a

89

49

98

52



+ 6.1%+ 10.1%

33

20

36

14


March 2019 2020

- 30.0%+ 9.1%


2019 2020 + / – 2019 2020 + / –

New Listings 100 96 - 4.0% 303 289 - 4.6%

Closed Sales 54 77 + 42.6% 145 190 + 31.0%



Percent of Properties Sold Over List Price* 5.6% 5.2% - 7.1% 2.8% 4.2% + 50.0%





All MLS

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


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

- 4.0% + 42.6% + 2.2%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 1-2020


a

303

145

289

190



+ 31.0%- 4.6%

100

54

9677


March 2019 2020

+ 42.6%- 4.0%


2019 2020 + / – 2019 2020 + / –

New Listings 114 129 + 13.2% 303 300 - 1.0%

Closed Sales 78 68 - 12.8% 178 186 + 4.5%








All MLS

Ponte Vedra / Nocatee (St. Johns County)


Ponte Vedra / Nocatee (St. Johns County)

+ 13.2% - 12.8% + 6.2%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 1-2020


a

303

178

300

186



+ 4.5%- 1.0%

114

78

129

68


March 2019 2020

- 12.8%+ 13.2%


2019 2020 + / – 2019 2020 + / –

New Listings 504 415 - 17.7% 1,157 1,126 - 2.7%

Closed Sales 265 300 + 13.2% 645 714 + 10.7%


Percent of Original List Price Received* 97.5% 97.5% 0.0% 97.3% 96.9% - 0.4%



Inventory of Homes for Sale 1,130 892 - 21.1% -- -- --



All MLS

St. Johns County - NW


St. Johns County - NW

- 17.7% + 13.2% + 1.9%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 1-2020


a

1,157

645

1,126

714



+ 10.7%- 2.7%

504

265

415

300


March 2019 2020

+ 13.2%- 17.7%


2019 2020 + / – 2019 2020 + / –

New Listings 45 48 + 6.7% 133 122 - 8.3%

Closed Sales 34 21 - 38.2% 75 60 - 20.0%

Median Sales Price* $352,500 $364,000 + 3.3% $385,920 $357,000 - 7.5%


Percent of Properties Sold Over List Price* 0.0% 0.0% -- 1.3% 6.7% + 415.4%





All MLS

St. Johns County - NE


St. Johns County - NE

+ 6.7% - 38.2% + 3.3%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 1-2020


a

133

75

122

60



- 20.0%- 8.3%

45

34

48

21


March 2019 2020

- 38.2%+ 6.7%


2019 2020 + / – 2019 2020 + / –

New Listings 30 39 + 30.0% 104 101 - 2.9%

Closed Sales 17 20 + 17.6% 39 50 + 28.2%



Percent of Properties Sold Over List Price* 0.0% 10.5% -- 7.7% 8.2% + 6.5%





All MLS

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


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

+ 30.0% + 17.6% - 5.9%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 1-2020


a

104

39

101

50



+ 28.2%- 2.9%

30

17

39

20


March 2019 2020

+ 17.6%+ 30.0%


2019 2020 + / – 2019 2020 + / –

New Listings 162 145 - 10.5% 545 482 - 11.6%

Closed Sales 122 158 + 29.5% 291 359 + 23.4%








All MLS

St. Johns County - SE


St. Johns County - SE

- 10.5% + 29.5% + 8.0%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 1-2020


a

545

291

482

359



+ 23.4%- 11.6%

162

122145

158


March 2019 2020

+ 29.5%- 10.5%


2019 2020 + / – 2019 2020 + / –

New Listings 13 25 + 92.3% 35 52 + 48.6%

Closed Sales 10 9 - 10.0% 18 22 + 22.2%








All MLS

St. Johns County - SW


St. Johns County - SW

+ 92.3% - 10.0% + 51.9%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 1-2020


a

35

18

52

22



+ 22.2%+ 48.6%

1310

25

9


March 2019 2020

- 10.0%+ 92.3%


2019 2020 + / – 2019 2020 + / –

New Listings 49 33 - 32.7% 128 127 - 0.8%

Closed Sales 35 29 - 17.1% 82 78 - 4.9%








All MLS

Putnam County NE


Putnam County NE- 32.7% - 17.1% + 39.3%







- 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 1-2020


a

128

82

127

78



- 4.9%- 0.8%

49

353329


March 2019 2020

- 17.1%- 32.7%


2019 2020 + / – 2019 2020 + / –

New Listings 32 22 - 31.3% 93 83 - 10.8%

Closed Sales 14 21 + 50.0% 54 55 + 1.9%








All MLS

Putnam County - West


Putnam County - West

- 31.3% + 50.0% - 6.7%Change in



Median Sales Price




- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020


a

93

54

83

55



+ 1.9%- 10.8%

32

14

22 21


March 2019 2020

+ 50.0%- 31.3%


2019 2020 + / – 2019 2020 + / –

New Listings 21 19 - 9.5% 83 86 + 3.6%

Closed Sales 23 19 - 17.4% 59 54 - 8.5%




Days on Market Until Sale 73 93 + 27.4% 107 107 0.0%




All MLS

Putnam County - South


Putnam County - South

- 9.5% - 17.4% + 26.6%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 1-2020


a

83

59

86

54



- 8.5%+ 3.6%

2123

19 19


March 2019 2020

- 17.4%- 9.5%


2019 2020 + / – 2019 2020 + / –

New Listings 31 27 - 12.9% 74 95 + 28.4%

Closed Sales 18 23 + 27.8% 41 56 + 36.6%





Inventory of Homes for Sale 80 80 0.0% -- -- --



All MLS

Baker County


Baker County- 12.9% + 27.8% + 20.0%




March 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 1-2020


a

74

41

95

56



+ 36.6%+ 28.4%

31

18

2723


March 2019 2020

+ 27.8%- 12.9%


2019 2020 + / – 2019 2020 + / –

New Listings 484 543 + 12.2% 1,247 1,331 + 6.7%

Closed Sales 341 343 + 0.6% 819 850 + 3.8%




Days on Market Until Sale 71 71 0.0% 73 68 - 6.8%

Inventory of Homes for Sale 1,015 948 - 6.6% -- -- --



All MLS

Clay County


Clay County+ 12.2% + 0.6% + 2.3%




March 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 1-2020


a

1,247

819

1,331

850



+ 3.8%+ 6.7%

484

341

543

343


March 2019 2020

+ 0.6%+ 12.2%


2019 2020 + / – 2019 2020 + / –

New Listings 2,071 2,184 + 5.5% 5,659 5,750 + 1.6%

Closed Sales 1,407 1,408 + 0.1% 3,555 3,774 + 6.2%



Percent of Properties Sold Over List Price* 16.7% 16.6% - 0.6% 13.9% 14.1% + 1.4%


Inventory of Homes for Sale 4,632 3,906 - 15.7% -- -- --



All MLS

Duval County


Duval County+ 5.5% + 0.1% + 7.5%




March 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 1-2020


a

5,659

3,555

5,750

3,774



+ 6.2%+ 1.6%

2,071

1,407

2,184

1,408


March 2019 2020

+ 0.1%+ 5.5%


2019 2020 + / – 2019 2020 + / –

New Listings 164 147 - 10.4% 466 475 + 1.9%

Closed Sales 111 105 - 5.4% 268 275 + 2.6%








All MLS

Nassau County


Nassau County- 10.4% - 5.4% + 7.8%




March 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 1-2020


a

466

268

475

275



+ 2.6%+ 1.9%

164

111

147

105


March 2019 2020

- 5.4%- 10.4%


2019 2020 + / – 2019 2020 + / –

New Listings 102 73 - 28.4% 303 294 - 3.0%

Closed Sales 71 69 - 2.8% 194 186 - 4.1%








All MLS

Putnam County


Putnam County- 28.4% - 2.8% + 40.0%




March 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 1-2020


a

303

194

294

186



- 4.1%- 3.0%

102

7173 69


March 2019 2020

- 2.8%- 28.4%


2019 2020 + / – 2019 2020 + / –

New Listings 993 935 - 5.8% 2,643 2,564 - 3.0%

Closed Sales 596 663 + 11.2% 1,429 1,623 + 13.6%





Inventory of Homes for Sale 2,826 2,314 - 18.1% -- -- --



All MLS

St. Johns County


St. Johns County- 5.8% + 11.2% + 2.7%




March 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 1-2020


a

2,643

1,429

2,564

1,623



+ 13.6%- 3.0%

993

596

935

663


March 2019 2020

+ 11.2%- 5.8%

Monthly Indicators - NEFAR.com...Median Sales Price Average Sales Price Percent of Original List...

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