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NEFAR statistics

01/14/2013

The Northeast Florida Association of Realtors' market statistics for November. Statistics combine single-family residential and condo sales.

Total closed sales: 1,428

Year to date: +16.5 percent

To November 2011: +27.3 percent

Traditional sales: 825

Lender mediated: 603

Pending sales: 1,827

Year to date: +16.5 percent

To November 2011: +47.5 percent

Median price: $131,000

Year to date: +5.5 percent

To November 2011: same

Inventory: 8,362

To November 2011: -32 percent

Supply: 5.1 months

To November 2011: 5.1 months

Days of market: 107

November 2011: 119

Analysis: 2011-12 NEFAR President Dane Leslie says: "Traditional homes sales continue on the upswing plus lender-mediated properties are being cleared out. With just over five months of supply now on hand, consumer demand is definitely driving prices and we expect to see these prices increase due to the stabilized inventory levels."



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