More inventory, fewer sales as Northeast Florida housing market moves toward balance in August


August brought notable shifts to Northeast Florida’s housing market, with a 1.6% decrease in median home price to $397,420. Sales activity registered at 1,696 closed homes, while median days on market reached 31 and inventory expanded to a 3.6-month supply—indicating a move toward a more balanced environment. The Home Affordability Index rose to 84, signaling a modest improvement for buyers. As someone who monitors St. Johns County and our coastal communities closely, I see these developments contributing to a landscape where both buyers and sellers have new opportunities to strategize. My approach—rooted in market intelligence, advocacy, and a long-term perspective—remains focused on helping clients navigate these nuanced shifts, whether seeking a luxury property, historic residence, or a home that fits their evolving lifestyle.

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