Robust buyer demand fueled by low interest rates, historically low residential inventory, and the continued desire of out-of-staters to move to the Sunshine State, has caused Northeast Florida’s housing prices to surge.
The median sales price of homes in Putnam County rose 20% from a year ago to $150,000, a significant gain from the median price of $131,000 recorded in April 2021.
Housing prices are rising. Buyer demand is strong, and with a limited supply of homes on the market, Northeast Florida’s sizzling sellers’ market shows no sign of easing through spring and on into summer.
Buyers on the First Coast continued to face fierce competition due to a record-low inventory of single-family residential housing and condominiums, which forced many into bidding wars in March.
The Northeast Florida housing continues to be a red-hot sellers’ market as inventory of single-family residential and condominium properties continued to hover at record lows in February, while closed sales, the median sales price, and average sales price in Northeast Florida’s residential market continued to rise.
December 2020 and 2020 annual real estate market reports for Northeast Florida are now on NEFAR.com.
January 2021 housing market reports for Northeast Florida are now available in the Market Stats section of NEFAR.com.
November 2020 real estate market reports for Northeast Florida are now on NEFAR.com.
October 2020 real estate market reports for Northeast Florida are now on NEFAR.com.
September 2020 real estate market reports for Northeast Florida are now on NEFAR.com, Market Stats tab. Except where otherwise indicated, statistics reflect combined results for single-family.
Robust buyer demand fueled by low interest rates, historically low residential inventory, and the continued desire of out-of-staters to move to the Sunshine State, has caused Northeast Florida’s housing prices to surge.
The median sales price of homes in Putnam County rose 20% from a year ago to $150,000, a significant gain from the median price of $131,000 recorded in April 2021.
Housing prices are rising. Buyer demand is strong, and with a limited supply of homes on the market, Northeast Florida’s sizzling sellers’ market shows no sign of easing through spring and on into summer.
Buyers on the First Coast continued to face fierce competition due to a record-low inventory of single-family residential housing and condominiums, which forced many into bidding wars in March.
The Northeast Florida housing continues to be a red-hot sellers’ market as inventory of single-family residential and condominium properties continued to hover at record lows in February, while closed sales, the median sales price, and average sales price in Northeast Florida’s residential market continued to rise.
December 2020 and 2020 annual real estate market reports for Northeast Florida are now on NEFAR.com.
January 2021 housing market reports for Northeast Florida are now available in the Market Stats section of NEFAR.com.
November 2020 real estate market reports for Northeast Florida are now on NEFAR.com.
October 2020 real estate market reports for Northeast Florida are now on NEFAR.com.
September 2020 real estate market reports for Northeast Florida are now on NEFAR.com, Market Stats tab. Except where otherwise indicated, statistics reflect combined results for single-family.