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."
