Florida s median home price is up 17% from the same time last year floridatrend.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from floridatrend.com Daily Mail and Mail on Sunday newspapers.
Northeast Florida average home prices surpass $350K
Image via Drew Dixon.
Homes are at historic prices, as inventory remains low.
The average price for a home on the First Coast jumped to more than $350,000 in April, according to
The new average price per residential unit in Northeast Florida hiked to $357,438 in April, up from the
March average of $344,643 and a whopping increase from April 2020’s average price of $296,555. That’s the last time the average price for a home on the First Coast was below $300,000, which had never been exceeded in the history of the region’s housing market.
Meanwhile, home inventory ticked up in April. It was the first increase in home inventory since the coronavirus pandemic set it in more than a year ago.
Residential real estate firm Compass opens Jax area office, snags a dozen local agents bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
In her 30-year real estate banking career, Northeast Florida Association of Realtors President Missi Howell said she didn’t see herself becoming an agent.
But when she retired from banking, she “wasn’t really ready” to stop working entirely.
“I wasn’t going to throw away 30 years of accumulated real estate knowledge,” Howell said. She retired as a vice president in consumer real estate at Bank of America.
In 2007, she received her real estate license and has been active since.
NEFAR was responsible for much of her training as an agent, and from there she became more involved with the organization. She joined the NEFAR board of directors in 2017 and this year, she became president.