{"id":126068,"date":"2025-10-16T15:30:07","date_gmt":"2025-10-16T15:30:07","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/126068\/"},"modified":"2025-10-16T15:30:07","modified_gmt":"2025-10-16T15:30:07","slug":"housing-market-continues-cooldown-stable-prices-increased-inventory-in-september-nefar-report","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/126068\/","title":{"rendered":"Housing market continues cooldown, stable prices, increased inventory in September: NEFAR report"},"content":{"rendered":"<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Northeast Florida\u2019s housing market continued its gradual cooldown in September as sales activity slowed and higher inventory levels compared to a year ago, according to the Northeast Florida Association of Realtors report.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">NEFAR said prices remained stable across much of the region while sellers had a competitive environment that rewarded realistic pricing and patience.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Affordability improved as median prices eased, but higher-cost areas continued to challenge homebuyers. The market reflected a steady shift toward balance heading into the fall season.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 kNAFkD cuqaEv article-text\">\u201cWe\u2019re seeing a healthy, more balanced market right now. One that offers benefits on both sides of the table. Buyers are finding opportunities to secure homes with better terms and stronger negotiating power, while sellers are being strategic and choosing to list before conditions shift further. It\u2019s a season of adjustment, but also one of opportunity for those who move wisely\u201d, NEFAR President, Mario Gonzalez said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The median sales price for single-family homes in Northeast Florida\u2019s six-county region\u00a0fell 2.1% to $387,694. This caused the Home Affordability Index* to increase to 70, NEFAR said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">In September, closed sales for single-family homes totaled 1,651 transactions, a 7% decrease since\u00a0August. Meanwhile, pending sales were at 1,180, which was a decrease of 28.5%. There were\u00a02,247 new listings in the month of September, a 9% drop since the previous month. <\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">NEFAR said in September, there was an active inventory of 8,428 properties. This is an increase from the previous year, as the number of properties has grown by 5.9% since September 2024. This rise in inventory from 2024 is a positive change for buyers, as they have many options to choose from. The median number of days on the market was 44.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Click through the interactive map below to see pricing and affordability trends over time.<\/p>\n<p><a class=\"flourish-credit\" href=\"https:\/\/public.flourish.studio\/visualisation\/25666030\/?utm_source=embed&amp;utm_campaign=visualisation\/25666030\" target=\"_top\" style=\"text-decoration:none!important\" rel=\"nofollow noopener\"><img decoding=\"async\" alt=\"Made with Flourish\" src=\"https:\/\/public.flourish.studio\/resources\/made_with_flourish.svg\" style=\"width:105px!important;height:16px!important;border:none!important;margin:0!important;\"\/> <\/a><\/p>\n<p>Copyright 2025 by WJXT News4JAX &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"Northeast Florida\u2019s housing market continued its gradual cooldown in September as sales activity slowed and higher inventory levels&hellip;\n","protected":false},"author":2,"featured_media":126069,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[79,18,2129,3847,19,17,188,76414],"class_list":{"0":"post-126068","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-eire","10":"tag-florida","11":"tag-housing","12":"tag-ie","13":"tag-ireland","14":"tag-markets","15":"tag-nefar"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/126068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=126068"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/126068\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/126069"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=126068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=126068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=126068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}