Jacksonville Home Prices in 2023 and 2024 Predictions
Posted by Gwinn Volen on
by Gwinn Volen
2023 was a year of home price course correction and normalization after 2 years of extreme appreciation. At a national level, 2023 saw the lowest number of home sales since 1995, yet prices still increased 1%, to a record high.
Quarterly Sales Price for Duval and St Johns County: 2019-2023
Duval and St. Johns County’s home prices closed out the year with a -0.1% decline. The above graph shows resale property home prices (single-family homes only) in Duval and St Johns County by quarter since 2019. Prices see-sawed from 2019-2021 but you then see the steady rise in prices we saw in 2021 and 2022. You can also see the flattening of prices in 2023, and though Q4 is a little down from Q3, overall prices are steady. Though the…
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