{"id":232857,"date":"2025-09-17T03:33:15","date_gmt":"2025-09-17T03:33:15","guid":{"rendered":"https:\/\/www.europesays.com\/us\/232857\/"},"modified":"2025-09-17T03:33:15","modified_gmt":"2025-09-17T03:33:15","slug":"northeast-florida-home-buying-takes-nearly-10-plunge-in-august","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/232857\/","title":{"rendered":"Northeast Florida home buying takes nearly 10% plunge in August"},"content":{"rendered":"<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 kNAFkD cuqaEv article-text\"><strong>JACKSONVILLE, Fla.<\/strong> \u2013 Home buying in Northeast Florida took a nearly 10% decline in August, according to a new report from the <a href=\"https:\/\/www.news4jax.com\/news\/local\/2025\/06\/10\/median-home-prices-fall-in-the-majority-of-northeast-florida-counties-clay-putnam-prices-up-slightly-report\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.news4jax.com\/news\/local\/2025\/06\/10\/median-home-prices-fall-in-the-majority-of-northeast-florida-counties-clay-putnam-prices-up-slightly-report\/\">Northeast Florida Association of Realtors<\/a><\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">It\u2019s a trend that the NFAR President Mario Gonzalez said is expected during back-to-school time.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">NFAR said the housing market was adjusting as buyers and sellers dealt with changing conditions in the region.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The median single-family home price in Northeast Florida rose 1.1% to $398,995. Closed sales for single-family homes totaled 1,730 transactions, a 9.9% decrease from July. <\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Pending sales stood at 1,227, experiencing a 31.8% decrease, and there were 2,431 new listings in August, a 7.9% drop from July.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">On the other hand, there were 8,619 properties of active inventory, which was an increase from the previous year as well.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">That rise gave homebuyers more variety in their shopping.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">In Duval County, the median price increased 4.5%, bringing single-family homes to $340,000. Putnam and Nassau counties also saw increases in the median price.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">St. Johns, Clay, and Baker counties experienced decreases in the median price. St. Johns County dropped 7.4% with single-family homes decreasing to $550,000.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">While there was a slight decline in purchases, inventory continued to build compared to last year, according to the NFAR.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">View the report below:<\/p>\n<p>Copyright 2025 by WJXT News4JAX &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"JACKSONVILLE, Fla. \u2013 Home buying in Northeast Florida took a nearly 10% decline in August, according to a&hellip;\n","protected":false},"author":3,"featured_media":232858,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5136],"tags":[5229,3188,723,8166,7310,7325,67,586,132,5230,68,2969],"class_list":{"0":"post-232857","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jacksonville","8":"tag-america","9":"tag-fl","10":"tag-florida","11":"tag-housing-market","12":"tag-jacksonville","13":"tag-northeast-florida","14":"tag-united-states","15":"tag-united-states-of-america","16":"tag-unitedstates","17":"tag-unitedstatesofamerica","18":"tag-us","19":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115217537648762783","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/232857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=232857"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/232857\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/232858"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=232857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=232857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=232857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}