09/15/2026
✨ AUGUST MARKET UPDATE ✨ Last month, the greater Jacksonville market recorded 2,270 closed sales, down -11.3% from July and -7.3% from August 2025, reflecting a continued slowdown in transactions. Total active inventory reached 9,947 listings, up +0.4% from July, though still -14.1% below August 2025 levels. Meanwhile, new listings totaled 3,080 (-10.0% from July and -10.7% YoY) indicating that the flow of new inventory remains measured despite overall inventory holding relatively steady. Pricing also remained steady. The median sales price dipped slightly to $358,000, decreasing -0.3% from July and -0.2% year-over-year, while the median price per square foot was $199 (down -1.0% from July and -1.0% from August 2025). This shows that home values remained stable despite the slower sales pace. Homes spent a median of 34 days on market, up +6.3% from July, but still -20.9% lower than August 2025. While homes are taking slightly longer to sell than last month, they are moving considerably faster than they were a year ago.
A slower paced market offers multiple opportunities for both buyers and sellers. If you are exploring buying or selling, reach out. We would be happy to expertly guide you through these Northeast Florida market conditions.
