02/16/2024
Check out the January 2024 Market Snapshot for Northeast Florida! Median Sale Price is up vs January of 2023 but down vs December 2023. We saw a jump in Active Listings and New Listings vs both January 2023 and December 2023. If you or someone you know are thinking of selling or purchasing, please reach out and let's discuss how I can help you! FHA mortgage rates have dropped slightly to just under 6% on avg, while conforming loans have slightly gone up this month to roughly 6.6%. As you can see the current inventory levels are roughly 4-5 months' worth. Contact me today!!
www.itsyourmovepropertygroup.com
realMLS's Market Snapshot for January 2024 shows that Closed Sales are down year over year, but Active Inventory and New Listings are up 41.5% and 39% respectively. New listings increased over 57% in January 2024, with a 22% increase in Active Inventory compared to December 2023. Days on Market also...