One of the best sources for current data on the Northeast Florida Real Estate market is a free report published monthly by NEFAR.  It is available on their website and provides information about new listings, pending sales, closed sales, days on market, median sales prices, average sales prices, plus much more data.

They provide historical data for the past several years as well as current data - the most recent month as of this posting is March 2010.

There is currently some cautious optimism as transactions are slowly creeping back toward the seller's favor.

There is still a 12.1 percent decrease in the price of homes when compared to the same period last year.

Visit www.nefar.com    and use the Market Stats link to these Market reports. 

They also provide information about Foreclosures and short sales.

Lets examine just one region:  Region 1 - Mandarin- Bartram  saw an increase in listing, closed sales, while the median price of homes sold was down 13.1%.  The average days on market was 110 days and the inventory of both homes and condos decreased. 

Call if you want to discuss your real estate needs - or secure additonal information about the Northeast Florida Real Estate Market.