Where is the Jacksonville Housing Market headed in 2025? More choices for buyers!

📊 2024 Jacksonville Housing Market Recap + 2025 Predictions! 📊

What was the biggest development in the Jacksonville real estate market in 2024?? Mike Rolewicz of the 904 Home Guide Team with Real Broker, LLC has the answers. Inventory and interest rates kept a lid on both home price appreciation and transactions counts. Mike also breaks down his predictions for what to expect in 2025 by going deep into the data!!

This video breaks down the key trends and insights you need to know:
✅ Market Highlights: Jacksonville saw a larger-than-expected increase in housing inventory, giving buyers more options but creating challenges for sellers.
✅ Home Prices: Prices rose modestly by 2-4% throughout the year, keeping the market competitive.
✅ Interest Rates: Rates remained in the mid-6% range, continuing to impact affordability for many buyers.
✅ Looking Ahead: What does 2025 hold? We expect steady interest rates and a continued moderate rise in home prices.

🚪 Whether you're buying or selling, understanding these market dynamics is crucial for making informed decisions.

📈 December 2024 Stats Overview:

Median sales price: $400,000 📈
Active inventory: 5,077 homes 🏠
Median days on market: 50 days ⏳
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🔗 Need personalized advice? Contact Mike at 904-477-5735