Jacksonville Home Prices Down in September
Briefly

Jacksonville Home Prices Down in September
"In September, home prices fell moderately from the month before, with a median listing price of $294,950. The number of listings on the market shrank 3.0% from last month, which is a bigger decrease 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 September. But the most recent data shows that the price per square foot decreased by 1.1% 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 larger the national market. Jacksonville inventory In September, there were 4,107 homes for sale in Jacksonville, which was 3.0% less than the month before and 8.5% more than the same time last year. Meanwhile, active inventory across the nation rose by 0.2% from last month to 1,100,407."
Median listing price in September was $294,950, a moderate monthly decline. Listings on the market fell 3.0% from the previous month while total active inventory numbered 4,107, 8.5% more than a year earlier. Price per square foot in Jacksonville decreased 1.1% month-over-month, compared with a 0.8% national decrease. Homes in Jacksonville averaged 68 days on market, one day longer than the prior month and nine days longer than the same month last year. Nationally, active inventory rose 0.2% to 1,100,407 listings and the national average time on market was 62 days.
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