February 2025 MARKET UPDATE Northeast Florida
MARKET UPDATE Northeast Florida
WHAT THE SAY: Experts
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As 2025 unfolds, the Northeast Florida housing market continues to follow its usual seasonal trends. January experienced a decline in closed sales, aligning with annual patterns, as many homeowners had already finalized their moves before the year ended. Similarly, pending sales dropped significantly, reflecting the expected early-year slowdown. Notably, while overall sales prices have risen slightly compared to last year, the price per square foot has decreased suggesting that larger homes are dominating sales. Additionally, new listings have increased substantially, providing buyers with a wider selection of homes to choose from.
MARKET UPDATE Northeast Florida
