Jacksonville Florida Real Estate News: Weekly Market Update for April 18, 2023
Welcome to your weekly Jacksonville Florida real estate news update! Let’s take a look at the latest market trends and insights to help you make informed decisions. Stay up-to-date with Jacksonville Florida real estate news and be the first to know what's happening in the local market. As of April 18, 2023, here's what you need to know: There are currently 5298 active listings with an average of 87 days on the market (DOM). Over the past 30 days, we've seen 3015 new listings, while 2961 properties have been on the market for over 45 days. A total of 5118 properties are under contract, with an average DOM of 67 days. In the last month, 2516 homes have been sold with an average DOM of 73 days, and 615 listings have expired. The current average interest rate is at 6.61%, and there is 2.11 months supply of inventory available. We track this data daily for the Jacksonville Florida and surrounding real estate markets, helping you make the most informed decisions whether you're buying or selling. Be sure to subscribe to our channel for more weekly updates and Jacksonville Florida real estate news. Will make sure to give you just the news and not the noise. We're committed to keeping you informed about the ever-changing real estate landscape. Leave a comment or question below, and we'll be happy to assist you. Happy house hunting!