Breaking Stories

Jacksonville Real Estate in July: Sales Down 16% YoY, Inventory Down 40% YoY

by Calculated Risk on 8/14/2021 09:52:00 AM

I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.

From the Northeast Florida Association of REALTORS(R):

Closed sales (attached and detached) in July 2021 were 3,149, down 16.2% from 3,759 in July 2020.

Active Listings in July 2021 were 4,668, down 40.6% from 7,852 in July 2020.

Months of Supply was 1.4 Months in July 2021, compared to 2.8 Months in July 2020.

Inventory in July was up 1.8% from the previous month, and up 7.1% from the record low in May 2021.

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