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MARKET REPORT

MARCH 2023

TRENDS
TODAY’S REAL ESTATE
ALONG FLORIDA’S EAST COAST
CONTENTS

04 Miami-Dade County

06 Broward County

08 Palm Beach County

10 Martin County

11 Indian River County

12 Brevard County

14 St. Johns County

15 Duval County

16 Clay County

17 Nassau County

18 Flagler County
Own the Waterfront
A curated collection of 92 condominium residences
overlooking Fort Lauderdale’s legendary marina
and Intracoastal waterways.

Sales Galler y Now Open | Priced from $3.85M

2406 SE 17th Street, For t Lauderdale, FL 33316


(954) 393-0537 Residences@piersixtysix.com PierSixtySixResidences.com

Obtain the Property Report required by Federal Law and read it before signing anything. No Federal or State agency has endorsed or judged the merits of value, if any, of this
property. This is not an offer to sell or solicitation to buy real estate in any jurisdiction where prohibited by law. Products and availability are subject to change without notice.
Improvements, facilities and programs may be in formative stages and cannot be guaranteed. Artist renderings are for illustrative purposes only and may differ from completed
products.
MIAMI-DADE COUNTY $
562K
MEDIAN
SALES PRICE
↑5%

SINGLE-FAMILY HOMES | FEBRUARY PRICING GAINS

64
The median price increased by 3% in February, driving much of the year- AVERAGE DAYS ↑36%
over-year gain of roughly 5%. The median price per square foot remained ON MARKET
10% higher than one year ago.

$
338
MEDIAN ↑10%
PPSF

3,607
ACTIVE ↑78%
LISTINGS

701
SOLD ↓26%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
AVENTURA $1,175,000 N/A N/A $429 N/A 1 N/A 202
COCONUT GROVE $3,588,000 $2,500,000 43.50% $625 -21.05% 6 -60.00% 98
CORAL GABLES $1,515,900 $1,700,000 -11% $739 23% 28 -15% 86
KEY BISCAYNE $2,400,000 $3,400,000 -29% $1,444 55% 1 -80% 20
MIAMI $560,000 $525,000 7% $338 10% 374 -17% 60
MIAMI BEACH $3,250,000 $2,775,000 17% $981 -10% 16 -20% 141
MIAMI SHORES $1,097,500 $1,250,000 -12% $594 18% 10 -23% 50
PINECREST $2,380,000 $2,375,000 0% $768 16% 7 -50% 102
SOUTH MIAMI $1,035,000 $1,200,000 -14% $547 -12% 6 0% 52
SUNNY ISLES BEACH $1,500,000 $1,240,000 21% $852 30% 3 200% 163
SURFSIDE $7,925,000 $1,125,000 604% $3,546 375% 1 -75% 46
MIAMI-DADE COUNTY $
395K
MEDIAN
SALES PRICE
↑3%

CONDOMINIUMS | UNITS SELL QUICKER THAN 2022

69
The average days on market for a condo unit was approximately 20% AVERAGE DAYS ↓19%
lower than last year. ON MARKET

$
370
MEDIAN 0%
PPSF

6,580
ACTIVE ↑35%
LISTINGS

899
SOLD ↓47%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
AVENTURA $437,500 $383,500 14% $366 14% 54 -63% 83
BAL HARBOUR $2,500,000 $865,000 189% $962 34% 5 -76% 100
BAY HARBOR ISLANDS $520,000 $652,500 -20% $473 19% 7 -65% 95
BRICKELL/DOWNTOWN MIAMI/EDGEWATER $590,000 $580,000 2% $625 13% 97 -56% 91
COCONUT GROVE $2,225,000 $2,260,000 -1.55% $659 45.55% 10 -52.40% 89
CORAL GABLES $663,000 $541,668 22% $563 20% 12 -72% 74
KEY BISCAYNE $1,050,000 $1,320,000 -20% $743 -13% 11 -39% 66
MIAMI $375,000 $345,000 9% $304 8% 293 -41% 53
MIAMI BEACH $412,500 $432,500 -5% $526 3% 136 -53% 91
MIAMI SHORES $675,000 N/A N/A $391 N/A 1 N/A 22
NORTH BAY VILLAGE $607,500 $315,000 93% $415 34% 12 -29% 64
PINECREST $360,000 $298,700 21% $331 14% 1 -83% 25
SOUTH MIAMI $207,500 $240,000 -14% $392 -4% 3 0% 66
SUNNY ISLES BEACH $660,000 $770,000 -14% $578 7% 57 -42% 99
SURFSIDE $802,500 $465,000 73% $593 26% 4 -69% 81
BROWARD COUNTY $
560K
MEDIAN ↑7%
SALES PRICE

SINGLE-FAMILY HOMES | BUYERS ABSORBED NEW LISTINGS

58
AVERAGE DAYS ↑66%
While active listings remain more than double the level of one year ON MARKET
ago, purchase activity reduced the number of homes for sale by
11% from last month.

$
318
MEDIAN ↑8%
PPSF

2,961
ACTIVE ↑119%
LISTINGS

801
SOLD ↓29%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
COOPER CITY $613,000 $611,250 0% $327 2% 14 -46% 79
CORAL SPRINGS $625,400 $610,000 3% $286 6% 56 -34% 56
DAVIE $685,000 $600,000 14% $352 10% 44 -15% 59
DEERFIELD BEACH $436,500 $449,500 -3% $268 2% 36 0% 55
FORT LAUDERDALE $685,450 $647,500 6% $429 7% 104 -40% 71
HALLANDALE $485,000 $365,000 33% $330 -8% 10 43% 56
HOLLYWOOD $585,000 $480,000 22% $364 17% 61 -35% 56
LAUDERDALE-BY-THE-SEA $1,100,000 $1,300,000 -15% $658 -4% 2 -60% 57
LIGHTHOUSE POINT $1,950,000 $809,450 141% $649 71% 9 -25% 72
MIRAMAR $605,050 $520,000 16% $290 8% 44 -32% 44
PARKLAND $1,200,000 $1,015,000 18% $330 0% 23 -41% 67
PEMBROKE PINES $580,000 $519,500 12% $302 7% 61 -29% 52
PLANTATION $560,000 $626,500 -11% $288 2% 32 -36% 84
POMPANO BEACH $450,000 $398,000 13% $349 15% 44 -31% 59
SOUTHWEST RANCHES $1,650,000 $1,345,000 23% $427 6% 13 30% 67
SUNRISE $415,000 $427,500 -3% $305 10% 33 -21% 49
WESTON $835,000 $900,000 -7% $338 -3% 30 -14% 57
WILTON MANORS $825,000 $689,500 20% $439 -12% 14 -18% 32
BROWARD COUNTY $
270K
MEDIAN ↑15%
SALES PRICE

CONDOMINIUMS | TIME ON MARKET LOWEST IN REGION

51
AVERAGE DAYS ↓6%
Broward County generated the highest number of condo sales in February, ON MARKET
helping to drive the average time on market to the lowest in the region.

$
239
MEDIAN ↑12%
PPSF

4,381
ACTIVE ↑88%
LISTINGS

943
SOLD ↓32%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
COOPER CITY $420,000 $385,000 9% $303 15% 8 33% 38
CORAL SPRINGS $210,000 $172,450 22% $225 30% 38 6% 40
DAVIE $285,000 $235,000 21% $228 19% 26 -42% 24
DEERFIELD BEACH $181,500 $167,500 8% $192 8% 69 -18% 50
FORT LAUDERDALE $399,500 $417,500 -4% $379 6% 122 -46% 80
HALLANDALE $332,500 $290,000 15% $299 14% 68 -35% 73
HILLSBORO BEACH $432,500 $540,000 -20% $387 -18% 6 -33% 56
HOLLYWOOD $260,000 $350,000 -26% $258 -20% 71 -41% 58
LAUDERDALE-BY-THE-SEA $475,000 $525,000 -10% $393 -7% 13 -32% 87
LIGHTHOUSE POINT $200,000 $120,000 67% $194 -7% 8 -32% 48
MIRAMAR $420,000 $320,000 31% $253 6% 19 -42% 36
PARKLAND $586,500 $425,000 38% $319 20% 1 -80% 125
PEMBROKE PINES $232,000 $195,000 19% $211 20% 69 -20% 44
PLANTATION $329,000 $206,000 60% $255 40% 39 18% 28
POMPANO BEACH $310,000 $247,500 25% $262 14% 81 -34% 50
SOUTHWEST RANCHES N/A N/A N/A N/A N/A - N/A N/A
SUNRISE $183,500 $160,000 15% $192 30% 56 -35% 50
WESTON $367,500 $275,500 33% $283 25% 12 -43% 50
WILTON MANORS $435,000 $206,750 110% $305 9% 13 -7% 22
PALM BEACH COUNTY $
575K
MEDIAN 0%
SALES PRICE

SINGLE-FAMILY HOMES | SALES REBOUND

60
AVERAGE DAYS ↑76%
Home sales increased by 21% in February from the previous month, though ON MARKET
activity remained lower compared to one year ago. In February, more homes
sold in Palm Beach County than in any other county in the region.

$
297
MEDIAN ↑3%
PPSF

3,544
ACTIVE ↑164%
LISTINGS

840
SOLD ↓21%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
BOCA RATON $822,500 $732,500 12% $376 10% 136 -23% 67
BOYNTON BEACH $495,000 $495,000 0% $273 6% 128 54% 51
DELRAY BEACH $583,750 $617,500 -5% $310 -2% 80 -23% 59
HIGHLAND BEACH $2,750,000 $13,875,000 -84% $789 -56% 1 -75% 13
JUNO BEACH $2,125,000 $1,325,000 60% $1,042 122% 1 0% 63
JUPITER $890,000 $720,000 24% $402 7% 49 -18% 58
JUPITER INLET COLONY $4,500,000 N/A N/A $1,184 N/A 1 N/A 100
LAKE PARK $432,000 $375,000 15% $247 -14% 5 400% 29
LAKE WORTH $495,000 $461,250 7% $261 2% 74 -29% 60
LANTANA $427,000 $330,000 29% $308 52% 5 -29% 82
NORTH PALM BEACH $610,000 $3,050,000 -80% $374 -42% 9 29% 59
PALM BEACH $15,000,000 $9,900,000 52% $2,750 9% 1 -91% 290
PALM BEACH GARDENS $775,000 $860,000 -10% $376 -2% 40 -31% 50
SINGER ISLAND $2,875,000 $2,200,000 31% $1,106 31% 2 100% 7
TEQUESTA $1,402,500 $1,372,000 2% $567 4% 4 0% 49
WELLINGTON $700,000 $625,000 12% $283 5% 45 -21% 66
WEST PALM BEACH $460,000 $460,000 0% $283 8% 130 -16% 61
PALM BEACH COUNTY $
300K
MEDIAN ↑9%
SALES PRICE

CONDOMINIUMS | PRICING MOVES HIGHER

54
AVERAGE DAYS ↑54%
The median price remained roughly 9% higher than one year ago. In ON MARKET
February alone, the median price per square foot increased by nearly 2%.

$
223
MEDIAN ↑10%
PPSF

3,759
ACTIVE ↑199%
LISTINGS

785
SOLD ↓36%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
BOCA RATON $336,000 $340,000 -1% $336,000 6% 128 -40% 50
BOYNTON BEACH $265,000 $250,000 6% $196 17% 75 -46% 45
DELRAY BEACH $230,000 $216,250 6% $193 16% 119 -41% 57
HIGHLAND BEACH $878,750 $635,000 38% $621 30% 10 -57% 68
JUNO BEACH $1,162,500 $776,000 50% $623 22% 10 150% 81
JUPITER $573,500 $485,000 18% $349 14% 52 -2% 56
LAKE PARK $317,000 $247,500 28% $34 -76% 3 -25% 36
LAKE WORTH $197,000 $157,000 25% $156 27% 40 -42% 65
LANTANA $247,500 $279,314 -11% $229 -6% 4 -71% 43
NORTH PALM BEACH $280,000 $418,750 -33% $245 -18% 23 5% 68
MANALAPAN N/A N/A N/A N/A N/A - N/A N/A
PALM BEACH $1,550,000 $920,000 68% $768 47% 14 -66% 84
PALM BEACH GARDENS $424,500 $367,500 16% $281 13% 44 -24% 58
SINGER ISLAND $937,500 $915,000 2% $664 30% 8 -65% 83
TEQUESTA $509,900 $350,000 46% $404 57% 5 -44% 67

WELLINGTON $330,000 $322,500 2% $212 -9% 9 -18% 31


WEST PALM BEACH $208,000 $185,000 12% $128 -11% 139 -29% 50
MARTIN COUNTY $
630K
MEDIAN ↑13%
SALES PRICE

SINGLE-FAMILY HOMES | INVENTORY STABILIZES,


MORE HIGHER-PRICED HOMES COMING TO MARKET

70
AVERAGE DAYS ↑218%
The number of homes for sale stabilized from last month yet remained nearly four
times higher than a year ago. Newly listed homes are coming to market at higher ON MARKET
prices, with the median price of a listed home increasing by 8% from January.

$
300
MEDIAN ↑3%
PPSF

195
ACTIVE ↑290%
LISTINGS

47
SOLD ↓22%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
HOBE SOUND $675,000 $390,000 73% $357 49% 5 569% 63
HUTCHINSON ISLAND $7,991,250 $3,392,500 114% $1,575 46% 19 -36% 105
JENSEN BEACH $525,000 $507,503 3% $296 7% 7 -30% 59
PALM CITY $705,000 $692,500 2% $288 -8% 26 -46% 60
SEWALL'S POINT $4,762,500 $1,625,000 193% $735 29% 2 -33% 60
STUART $687,867 $525,000 5% $274 -8% 15 15% 65
MARTIN COUNTY $
290K
MEDIAN ↓3%
SALES PRICE

CONDOMINIUMS | SALES UP FROM PREVIOUS MONTH


Sales rebounded in February, bringing volume to roughly on par with one

63
year ago. Compared with January, sales were up by more than 80%. AVERAGE DAYS ↑271%
ON MARKET

$
226
MEDIAN ↓1%
PPSF

166
ACTIVE ↑349%
LISTINGS

49
SOLD ↓6%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
HOBE SOUND $286,000 $234,900 22% $218 33% 8 300% 42
HUTCHINSON ISLAND $1,050,000 $615,000 -2% $831 4% 32 -36% 112
JENSEN BEACH $319,500 $207,562 54% $218 12% 4 -20% 60
PALM CITY $242,500 $245,000 -1% $218 18% 3 -40% 38
STUART $232,500 $294,500 -21% $199 -12% 26 -19% 75
INDIAN RIVER COUNTY $
362K
MEDIAN ↓4%
SALES PRICE

SINGLE-FAMILY HOMES | SALES UP FROM LAST MONTH


While sales remain 10% lower than one year ago, activity increased by

72
30% from January. AVERAGE DAYS ↑18%
ON MARKET

$
226
MEDIAN ↑6%
PPSF

779
ACTIVE ↑179%
LISTINGS

169
SOLD ↓10%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
BARRIER ISLAND $1,675,000 $1,175,000 43% $533 15% 17 -43% 110
MAINLAND VERO BEACH $385,500 $356,000 8% $228 9% 74 -17% 79
SEBASTIAN/FELLSMERE $335,051 $320,950 4% $207 3% 33 18% 69
INDIAN RIVER COUNTY $
307K
MEDIAN ↑22%
SALES PRICE

CONDOMINIUMS | MEDIAN PRICE CONTINUES TO INCREASE


The median price increased further in February, driving the most significant

70
year-over-year increase in the region. AVERAGE DAYS ↑35%
ON MARKET

$
213
MEDIAN ↑24%
PPSF

351
ACTIVE ↑323%
LISTINGS

74
SOLD ↓23%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
BARRIER ISLAND $555,000 $445,000 25% $443 38% 17 -15% 54
MAINLAND VERO BEACH $276,500 $217,000 27% $200 21% 46 -26% 72
SEBASTIAN/FELLSMERE $270,000 $255,000 6% $183 -2% 2 -50% 118
BREVARD COUNTY $
350K
MEDIAN ↑9%
SALES PRICE

SINGLE-FAMILY HOMES | COMPETITION PERSISTS


Sold homes spent the least amount of time on the market in the region,

46
and the greatest share of homes sold at a premium, highlighting that AVERAGE DAYS ↑119%
buyers continue to compete. ON MARKET

$
199
MEDIAN ↑2%
PPSF

1,478
ACTIVE ↑207%
LISTINGS

714
SOLD ↓8%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
COCOA $325,000 $299,800 8% $193 -1% 77 1% 45
COCOA BEACH $575,000 $837,500 -31% $385 -6% 5 -58% 76
GRANT $511,250 $629,000 -19% $313 14% 6 -33% 104
INDIALANTIC $680,000 $632,450 8% $318 4% 13 8% 37
MALABAR $581,000 $510,000 14% $242 -1% 4 -50% 68
MELBOURNE $355,000 $355,000 0% $220 5% 142 -14% 45
MELBOURNE BEACH $1,250,000 $700,000 50% $567 22% 11 -23% 102
MERRITT ISLAND $470,000 $505,000 -7% $252 9% 47 -16% 51
MIMS $333,540 $487,500 -32% $185 -13% 33 313% 25
PALM BAY $332,083 $303,425 9% $183 4% 234 -10% 48
ROCKLEDGE $359,905 $407,500 -12% $203 -5% 51 16% 38
SATELLITE BEACH & INDIAN HARBOUR BEACH $614,500 $600,000 2% $312 -1% 18 -25% 53
TITUSVILLE $309,450 $299,900 3% $180 0% 50 -35% 43
WEST MELBOURNE $449,900 $412,000 9% $204 -3% 11 22% 38
INDIAN RIVER
BREVARD COUNTY
COUNTY TRENDS $
305K
MEDIAN ↑16%
SALES PRICE
CONDOMINIUMS
CONDOMINIUMS | STRONG YEAR-OVER-YEAR PRICE GAINS
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas sed
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one of the strongest
In

54
price gains in the
hac habitasse region.
platea The average time spent on market decreased from
dictumst. AVERAGE DAYS ↑135%
last month. ON MARKET

$
251
MEDIAN ↑14%
PPSF

462
ACTIVE ↑230%
LISTINGS

133
SOLD ↓16%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
COCOA $248,900 $255,000 -2% $248 16% 5 0% 26
COCOA BEACH $382,500 $428,500 -11% $313 -3% 20 -47% 58
GRANT N/A N/A N/A N/A N/A - N/A N/A
INDIALANTIC $609,500 $575,000 6% $421 -2% 13 160% 115
MALABAR N/A N/A N/A N/A N/A - N/A N/A
MELBOURNE $202,500 $156,950 29% $171 9% 18 -10% 38
MELBOURNE BEACH $534,900 $536,250 0% $325 17% 3 -75% 70
MERRITT ISLAND $212,000 $292,450 -28% $144 -33% 2 -67% 16
PALM BAY $300,000 $142,000 111% $154 16% 1 -86% 83
ROCKLEDGE $296,892 $215,000 38% $194 7% 19 27% 44
SATELLITE BEACH & INDIAN HARBOUR BEACH $412,500 $387,500 6% $304 21% 16 14% 59
TITUSVILLE $260,000 $155,000 68% $223 43% 15 36% 55
WEST MELBOURNE $221,500 $210,000 5% $178 1% 4 0% 21
ST. JOHNS COUNTY $
426K
MEDIAN ↓5%
SALES PRICE

RESIDENTIAL | FEBRUARY SALES ON THE RISE


Sales rebounded in February by 25% from the previous month, though

86
sales volume remained 15% lower than one year ago. AVERAGE DAYS ↑121%
ON MARKET

$
233
MEDIAN ↑1%
PPSF

702
ACTIVE ↑34%
LISTINGS

709
SOLD ↓15%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
JULINGTON CREEK AREA $525,000 $472,500 11% $229 4% 63 -13% 78
NOCATEE $690,000 $602,450 15% $305 14% 31 -54% 90
PONTE VEDRA BEACH $677,500 $627,500 8% $340 9% 41 -27% 76
SOUTHEAST ST JOHNS COUNTY $540,000 $454,500 19% $336 11% 47 -38% 78
ST AUGUSTINE BEACHES/ANASTASIA ISLAND $341,000 $366,250 -7% $213 3% 67 -13% 92
ST JOHNS $412,818 $472,927 -13% $225 -1% 78 5% 98
SOUTHWEST ST JOHNS COUNTY $422,500 $376,500 12% $226 9% 16 -33% 47
ST AUGUSTINE/VILANO BEACH $467,500 $534,450 -13% $262 4% 26 -41% 89
WORLD GOLF VILLAGE AREA/PALENCIA $408,000 $428,000 -5% $224 4% 107 27% 91
DUVAL COUNTY $
298K
MEDIAN ↑5%
SALES PRICE

RESIDENTIAL | HIGHER PRICED HOMES SELL


While overall sales were down from last year, sales of homes priced

74
greater than $1 million increased by 45%. AVERAGE DAYS ↑103%
ON MARKET

$
190
MEDIAN ↑5%
PPSF

899
ACTIVE ↑9%
LISTINGS

1,029
SOLD ↓30%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
ARLINGTON/FORT CAROLINE $247,000 $259,745 -5% $179 -2% 86 -34% 69
AVONDALE/RIVERSIDE/ORTEGA $360,000 $390,000 -8% $270 12% 26 -47% 80
BARTRAM $374,950 $325,000 15% $201 8% 24 -29% 58
BEACHES $571,750 $525,000 9% $384 25% 62 -19% 72
BEAUCLERC/MANDARIN $383,767 $394,250 -3% $200 0% 77 -13% 72
DOWNTOWN JACKSONVILLE $164,500 $123,250 33% $151 39% 95 -39% 65
INTRACOASTAL $522,000 $459,220 14% $251 9% 102 -25% 66
NOCATEE (DUVAL) $444,890 $408,500 9% $227 7% 11 -15% 116
NORTH JACKSONVILLE $300,000 $323,245 -7% $173 4% 101 -26% 89
SAN MARCO/SAN JOSE $315,000 $317,500 -1% $214 8% 45 -20% 67
SOUTHSIDE $260,990 $257,250 1% $203 12% 114 -42% 71
WEST JACKSONVILLE $270,000 $262,400 3% $173 3% 227 -27% 79
CLAY COUNTY $
335K
MEDIAN ↑5%
SALES PRICE

RESIDENTIAL | SALES UP IN FEBRUARY


Sales volume surged by 35% in February, though overall the pace remained

89
lower than one year ago. AVERAGE DAYS ↑148%
ON MARKET

$
181
MEDIAN ↑4%
PPSF

212
ACTIVE ↑28%
LISTINGS

240
SOLD ↓27%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
FLEMING ISLAND $385,000 $418,000 -8% $201 6% 19 -50% 51
GREEN COVE SPRINGS $328,945 $339,500 -3% $181 0% 26 -16% 98
MIDDLEBURG/KEYSTONE $327,000 $335,000 -2% $185 2% 56 -29% 79
ORANGE PARK $287,450 $295,000 -3% $176 5% 40 -34% 83
OAKLEAF PLANTATION $300,000 $341,918 -12% $177 6% 63 2% 115
NASSAU COUNTY $
369K
MEDIAN ↓11%
SALES PRICE

RESIDENTIAL | SALES INCREASE OUTPACES REGION


Sales accelerated by 14% in February and increased by 12% from last year.

88
Nassau County was the only county where sales increased. AVERAGE DAYS ↑91%
ON MARKET

$
199
MEDIAN ↓3%
PPSF

215
ACTIVE ↑76%
LISTINGS

298
SOLD ↑12%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
AMELIA ISLAND/FERNANDINA BEACH $608,975 $513,250 19% $323 20% 70 -19% 71
YULEE/WILDLIGHT $345,990 $350,990 -1% $181 -6% 61 56% 79
FLAGLER COUNTY $
369K
MEDIAN ↑7%
SALES PRICE

RESIDENTIAL | STRONGEST PRICE GAINS IN REGION


The median price increased by 7% compared with last year while pricing

78
fell in most counties in the region. AVERAGE DAYS ↑147%
ON MARKET

$
207
MEDIAN ↑3%
PPSF

409
ACTIVE ↑81%
LISTINGS

290
SOLD ↓17%
LISTINGS

*ALL PERCENTAGES REFLECT YEAR OVER YEAR CHANGE.

Neighborhood Snapshots
AVERAGE DAYS
MEDIAN SALES PRICE MEDIAN PRICE PER SF CLOSED SALES
ON MARKET
YOY% YOY%
FEB 23 FEB 22 YOY% CHANGE FEB 23 FEB 23 FEB 23
CHANGE CHANGE
BUNNELL $300,500 $200,000 50% $207 26% 9 80% 124
FLAGLER BEACH $790,000 $445,000 78% $385 42% 11 -21% 53
PALM COAST $370,000 $340,000 9% $198 2% 152 -28% 83
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© 2023 ONE Sotheby’s International Realty. All rights reserved. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and
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