Top Real Estate Questions for 2025: A Jacksonville Perspective
Posted by Gwinn Volen on
by Gwinn Volen
2024 saw the lowest number of home sales since 1995, according to the National Association of Realtors. Locally, with 26,877 homes selling in the greater Jacksonville area, that meant we saw a 2.8% decrease in home sales. Prices were essentially flat for many areas here, though the greater Jacksonville area shows a modest overall annual appreciation of 3.5%. So what does 2025 have in store?
Will We See a Drop in Prices in 2025?
No clear indicators are pointing to a significant drop in prices for 2025. In 2024, the market remained relatively stable, with some areas of Jacksonville experiencing slight increases while others saw minor decreases as the market adjusted from the 2022 surge. Nationally, experts project a typical 4%…
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