Is Jacksonville Beaches, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Jacksonville Beaches has remained a Seller's Market.
Housing Prices in Jacksonville Beaches, FL
How much do homes in Jacksonville Beaches, FL cost?
Median Sold Price
$604,100
$374/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jacksonville Beaches was $604,100 in May 2024, down 0.1% from last year, and the median price per square foot was $374.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $345K | +40.8% |
2 Bedrooms | $406.2K | $423.1K | +4.2% |
3 Bedrooms | $600K | $595K | -0.8% |
4 Bedrooms | $808K | $875K | +8.3% |
5+ Bedrooms | $1.2M | $1.5M | +22.0% |
Summary: Jacksonville Beaches housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.8%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 22%.
Median Sold Price Compared To Nearby Cities
Ponte Vedra | $702.6K | $767.5K | +9.2% |
Atlantic Beach | $665K | $679K | +2.1% |
Jacksonville Beach | $632.8K | $639.7K | +1.1% |
Jacksonville Beaches | $605K | $604.1K | -0.1% |
Neptune Beach | $750K | $700K | -6.7% |
Housing Supply in Jacksonville Beaches, FL
How many homes are available in Jacksonville Beaches, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
436 | 439 | +0.7% |
Summary: The Jacksonville Beaches real estate market had 439 homes for sale in May 2024, a 0.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 16 | 0.0% |
2 Bedrooms | 63 | 74 | +17.5% |
3 Bedrooms | 202 | 192 | -5.0% |
4 Bedrooms | 110 | 118 | +7.3% |
5+ Bedrooms | 45 | 39 | -13.3% |
Summary: The Jacksonville Beaches housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 17.5%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
108 | 76 | -29.6% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 76 homes were sold or pending in Jacksonville Beaches in May 2024, down by 29.6% month-over-month. Of the 76 sold homes, 58% were sold under asking, 24% were sold at asking, and 18% were sold over asking.
Days on Market for Jacksonville Beaches, FL
How long does it take to sell a home in Jacksonville Beaches, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
53 Days | 46 Days | -14.1% |
Summary: Homes in Jacksonville Beaches had an average of 46 days on market in May 2024, down by 14.1% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During May 2024, 76 homes were sold in Jacksonville Beaches; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.