Jacksonville Median Home Prices Up 8% in September

24 10 2012

Jacksonville home prices were up nearly 9 percent in September. The median home price was $135,000 in September, up 8.9 percent year-over-year, according to the Northeast Florida Association of Realtors.

Closed sales were down 8.3 percent to 1,279 units.

A few facts from the September data:

  • Days on market until sale was down 5.2 percent.
  • New listings were up 4.6 percent.
  • Percent of properties sold over list price was up 16.6 percent.
  • Inventory of homes for sale was down 30.2 percent.
  • Months supply of inventory was down 38.6 percent to 5.5 months.

See the statistics report in September at http://www.nefar.com/viewPDF.php?cs=765

Source: The Northeast Florida Association of Realtors

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