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How's The Market?

Updated: Apr 13

Q. My neighbor said the Jacksonville housing market is crashing. Is this true?




A. No, this is fake news and our market is not crashing. The Northeast Florida Association of Realtors just released the March housing numbers and closed sales were actually up 2.1%, new listings were up .3% and our average sales price increased 6.7%. Prior to Covid-19, Jacksonville's housing market was one of the strongest in the country. And while we do expect to see an impact in coming months from the virus, we are still in a strong sellers market with only 3.1 months supply of homes.


Click here to view the March report: https://www.nefar.com/uploads/filesets/2/3781d37d51524fbc62e3411f1018563d.pdf


Whether you're looking to buy, sell, invest or rent, RE/MAX is here for you. From virtual showings and electronic contracts, to e-signatures and remote offers, we'll work hard to find the options to meet your specific needs while exceeding all safety concerns.


Have a real estate question or need some sound advice?  Call or text Phyllis Staines at (904) 476-7653 or email pstaines@aol.com. Every question will receive a response and may be chosen to appear in Saturday's Times Union newspaper.

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Phyllis Staines, RE/MAX Coastal Real Estate License #BK660013

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