It's already May but let's go back to the month of March for a second and see how things fared for the Jacksonville Florida real estate market.  Was it another month of solid gains?  Did things take a turn for the worse?  With the ups and downs, the market remains highly unpredictable.  Let's see what went down.

Those of you holding your collective breaths can rest a little easier, existing home sales in many places throughout the northeast Florida real estate market managed to increase quite significantly, particularly those that were Realtor brokered.  In fact, with a little more than 1,300 single family homes sold during the month, March's sales gains have been the highest since that of March 2007.  Even better, the median home prices managed to drop only slightly from $142,400 to $141,400 in contrast to previous months where each month of gains brought considerable drops in median price.

Besides the home buying tax credit which is now officially over, the spring season is typically a good one for home sales and March's encouraging numbers are proof of that.  Will April also prove to be another round of good news for markets like Ponte Vedra real estate and beyond?  We may have to wait a few more days to find out but for right now, all signs are looking good.