Social Links Widget

Click here to edit the Social Media Links settings. This text will not be visible on the front end.

Uncategorized • July 17, 2022

June 2022 Market Statistics for Northeast Florida

by John Levchuk
June 2022 Market Statistics
June 2022 Market Statistics

June 2022 Market Statistics

The local real estate market is moderating after two years of home value appreciation near 20% per year. This appreciation rate was unsustainable in the long term and had to return to the market norms (approx 4%).  Supply (inventory) has risen but only to about 50% of a regular market. On the negative side, demand has been curtailed by rising interest rates, preventing some buyers from entering the market.

Related Articles
Uncategorized Happy 4th of July
First-Time Home Buyers Should You Consider Buying a Newly Built Home? Should You Consider Buying a Newly Built Home? If you’re considering buying a home, you might focus on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, including a newly built home. The Number of Newly Built Homes Is on the Rise While there are […]
First-Time Home Buyers What You Should Know About Closing Costs What You Should Know About Closing Costs Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your […]
Home
Properties
About Me
Blog
Neighborhood News
eho-89x83.png
realtor_white-71x83.png

Terms Of Use | Privacy Policy | Accessibility Statement | Fair Housing Notice

© 2025 MoxiWorks

© Better Homes and Gardens Real Estate 2023 – 2024. All rights reserved. Better Homes and Gardens®, BHGRE® and the Better Homes and Gardens Real Estate Logo are registered service marks owned by Meredith Operations Corporation and licensed to Better Homes and Gardens Real Estate LLC. Franchisee Legal Entity Name (not the dba) fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Better Homes and Gardens Real Estate LLC nor any of its affiliated companies.