First Coast median home values exceed $400K for first time last month
The median price for a single-family house for the six-county First Coast region monitored by the Northeast Florida Association of Realtors (NEFAR) topped $400,000 for the first time in May.
While $400,203 is a new watermark for the median price for a home in Northeast Florida, that figure increased only slightly from April’s median home figure of $399,990. The monthly change is only a 0.3% increase.
Generally, home sales statistics were mixed in May compared to April, when nearly every county in the First Coast area saw declines in median home prices. Even NEFAR officials said the May numbers bucked the usual trend this time of year, when home prices usually surge.
“At a time when one would...
