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realMLS May 2022 Market Statistics

realMLS May 2022 Market Stats

Housing Still in High Demand in Northeast Florida

The Median Sales Price of Homes in the Northeast Florida Metro area rose by nearly 3% from April 2022 and a whopping 29% from May of 2021. 

Homes stayed on the market a bit longer in May (Median DOM was 14 vs.12 in April) and closed sales had a slight downtick from last month. 

New listings, however, increased by nearly 6% giving buyers more choices.  With the home affordability index decreasing by 3% buyer demand may cool slightly but the area still remains a strong contender for population growth resulting in continued demand for housing. 

realMLS – keeping you In The Know®

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