"In October, home prices fell moderately from the month before, with a median listing price of $289,950. The number of listings on the market remained practically unchanged from last month, but it is a smaller increase than normal for this time of the year in Jacksonville, and homes are also selling slower than at the same time last year. Home prices in Jacksonville"
"Typically, home price per square foot in Jacksonville tend to rise in October. But the most recent data shows that the price per square foot decreased by 0.3% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in the River City are smaller the national market."
"In October, there were 4,109 homes for sale in Jacksonville, which was practically unchanged from the month before and 6.2% more than the same time last year. Meanwhile, active inventory across the nation remained practically unchanged from last month to 1,100,001. The number of new listings in Jacksonville was 1,348, which was 0.4% less than the month before and 10.0% less than the same time last year. Nationally, the number of new listings fell by 2.7% from last month to 384,264."
Median listing price in Jacksonville was $289,950 in October, representing a moderate month-over-month decline. Price per square foot in Jacksonville decreased 0.3% month-over-month, while the national price per square foot fell 0.8%, indicating smaller local declines. Inventory in Jacksonville was 4,109 homes, practically unchanged month-over-month and up 6.2% year-over-year. New listings in Jacksonville totaled 1,348, down 0.4% from last month and 10.0% from last year, while national new listings dropped 2.7% to 384,264. Homes in Jacksonville averaged 69 days on market, one day longer month-over-month and six days longer year-over-year, compared with a national average of 63 days.
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