Springfield Area and NE Florida Homes Sales

In an area just north of Downtown, homes are being bought and resold in an average of 99 days.

 

After a nine-month slowdown, home sales are picking up again, according to NEFAR data released Tuesday.

 

In May, northeast Florida saw a 6.1 percent drop in the number of homes sold compared to May 2017, but the 2,748 homes sold this past month was the largest number of sales since August. Pending sales were up 10.8 percent compared to a year ago.

 

On average, homes in northeast Florida are spending 60 days on the market until they're sold, a number that drops to 53 days in Duval County. At this time last year, homes in northeast Florida were selling in an average of 73 days. Long-term data shows that homes are selling faster than they have since 2006.