Is Jacksonville Beaches, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jacksonville Beaches has remained a Seller's Market.
Key Takeaway
Jacksonville Beaches is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jacksonville Beaches, FL
How much do homes in Jacksonville Beaches, FL cost?
Median Sold Price
$598,975
$369/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Jacksonville Beaches have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Jacksonville Beaches was $598,975 in March 2024, down 1.5% from last year, and the median price per square foot was $369.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $320K | +30.6% |
| 2 Bedrooms | $405K | $423.1K | +4.5% |
| 3 Bedrooms | $596K | $599.9K | +0.7% |
| 4 Bedrooms | $838K | $875K | +4.4% |
| 5+ Bedrooms | $1.2M | $1.4M | +13.8% |
Summary: Jacksonville Beaches housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 13.8%.
Median Sold Price Compared To Nearby Cities
| Atlantic Beach | $599.9K | $700K | +16.7% |
| Ponte Vedra | $713.3K | $749.3K | +5.0% |
| Jacksonville Beaches | $607.8K | $598.9K | -1.5% |
| Jacksonville Beach | $650K | $634.3K | -2.4% |
| Neptune Beach | $798K | $645K | -19.2% |
Housing Supply in Jacksonville Beaches, FL
How many homes are available in Jacksonville Beaches, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 373 | 415 | +11.3% |
Summary: The Jacksonville Beaches real estate market had 415 homes for sale in March 2024, a 11.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 11 | +10.0% |
| 2 Bedrooms | 60 | 67 | +11.7% |
| 3 Bedrooms | 189 | 208 | +10.1% |
| 4 Bedrooms | 81 | 92 | +13.6% |
| 5+ Bedrooms | 33 | 37 | +12.1% |
Summary: The Jacksonville Beaches housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 12.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 73 | 80 | +9.6% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville Beaches, you may be able to get a good deal. 63.8% of homes here sold below asking price last month.
Summary: A total of 80 homes were sold or pending in Jacksonville Beaches in March 2024, up by 9.6% month-over-month. Of the 80 sold homes, 64% were sold under asking, 24% were sold at asking, and 13% were sold over asking.
Days on Market for Jacksonville Beaches, FL
How long does it take to sell a home in Jacksonville Beaches, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 62 Days | 46 Days | -25.8% |
Summary: Homes in Jacksonville Beaches had an average of 46 days on market in Mar 2024, down by 25.8% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jacksonville Beaches are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 80 homes were sold in Jacksonville Beaches; 54% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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