Market Update Emily Spratt Market Update Emily Spratt

Gavin’s Mid-Year Market Update

Summertime and showing homes. It’s either hot or there’s a thunderstorm looming (sometimes both)! But even with the heat index doing its worst, the market has not slowed down. If anything, it has kept right up with the weather — a little intense, a little unpredictable, and moving faster than you expected.

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Market Update Emily Spratt Market Update Emily Spratt

Northeast Florida Mid-Year Market Update

The local real estate market embraced summer’s slower pace after closing out spring sales, which is traditionally the busiest season for transactions. After wrapping up the peak months for closed sales in May and June this year, Northeast Florida relaxed into a market cool down. Activity certainly hasn’t halted, but the market is recalibrating and we have shifted further towards a buyer’s market after multiple years in a strong seller’s market.

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Market Update Emily Spratt Market Update Emily Spratt

Our 2025 Real Estate Market Forecast

How is the market? This is hands down the number one question our team is asked as we are out and about in the community. And, while we don’t have a crystal ball, we do have more than 20 years of experience buying and selling real estate in Northeast Florida. We keep our finger on the pulse of both national and local trends and here is what we anticipate seeing here in the Jacksonville market in 2025…

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