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.

As we dive deeper into 2025, what’s happening in the Northeast Florida real estate market? While some areas of Florida are currently seeing cooling conditions, the Orange Park and Fleming Island markets continue to perform strongly.

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…