Positive trends continue in the housing market as a whole in Northeast Florida. Closed sales are up year-over-year, as is the median sales price. As always, we’ll caution home buyers and sellers on reading too much into national, and even regional, stats, as numbers at the neighborhood level can be drastically different.

In this months report, for instance, you can see median sales price in north Ponte Vedra Beach is up nearly 50%. Down the road in south Ponte Vedra Beach, Ponte Vedra and Nocatee, the median sales price rose just 3%. So while numbers overall are positive, they don’t translate equally across all neighborhoods. In short, a Realtor can help you understand what’s happening in your neighborhood by providing the latest, most accurate sales data.

Download the full report.

Data courtesy of Northeast Florida Association of Realtors.

The northeast Florida housing market continues to improve, with both the number of closed sales, and median sales price, up year over year. As I stress each month, however, it’s important to look at the data on a more granular level when buying or selling a home. While trends look good in the region overall, there are significant differences by area/neighborhood.

In the northern part of Ponte Vedra Beach, for example, the median sales price is up significantly, as are the number of new listings. Just a few miles to the west, in Ponte Vedra, the median sales price up, though not nearly as much as Ponte Vedra Beach. At the same time, Ponte Vedra Beach continues to see a rise in new listings, while new listings in Ponte Vedra decreased in June.

For more information about sales statistics in your neighborhood, feel free to contact us.

Download the full report (PDF).

All data courtesy of Northeast Florida Association of Realtors.

The average sale price for homes in northeast Florida climbed more than 9% over the same period last year. That said, appraisals can still be a challenge in some instances as aligning the previous six months of home sales data can be a challenge/hinderance in an accelerating market. In the Ponte Vedra / Nocatee area, we’re seeing an increase in sales, new listings and median sale price, and a solid decrease in days on market.

In short, competition for the best properties is high, meaning buyers should be prepared to move quickly.

Download the full report.

If you have questions about the market, or what’s market value for your home today, contact us for more information.

Information courtesy of Northeast Florida Association of Realtors.