RealtyWEB.Net, a service of the Northeast Florida Multiple Listing Service Inc., is one of the largest
multiple listing services in Northeast Florida providing services to over 5500 members for 20 years.
This quarterly report reflects strictly single family residential homes as entered and reported through
RealtyWEB.Net.
The
3rd Quarter 2014 statistical summary indicates that Northeast Florida continues to show a
positive trend towards a stronger real estate market as compared to the same time frame last year.
Inventory numbers are up while Sold transactions continue to increase. Both Average and Median
Sold Prices are on the rise as compared to 2013.
Other major indicators, such as the Absorption Rate (how long the current inventory of properties
would last at the current rate of sales) and Months of Inventory, continue to move in all the right
directions for most of the areas in the
RealtyWEB.Net MLS system, again indicating a stable and
productive market.
Check out the
3rd Quarter 2014 Market Watch Report for a complete breakdown of Northeast Florida counties.
