As we kick off 2026, it’s the perfect time to examine where the Northeast Florida housing market stands. The latest November 2025 data from the Northeast Florida Association of Realtors® offers valuable insights into current trends and what lies ahead.
November 2025 Market Snapshot
Here’s how key metrics compared to November 2024:
📊 The Numbers:
- Median Sales Price: $295,000 (↓ 3.3%)
- Closed Sales: 2,293 (↓ 5.8%)
- Pending Sales: 1,950 (↓ 19.8%)
- Active Inventory: 11,115 (↓ 6.6%)
- Months’ Supply: 4.8 months (↓ 0.9%)
What This Means for You
For Buyers: The market is becoming more balanced, offering increased choice and negotiating power. With inventory levels providing nearly 5 months of supply, you’re no longer competing in the ultra-competitive environment of recent years.
For Sellers: While prices have softened slightly, properly priced homes are still seeing solid activity. Many sellers are choosing to wait rather than reduce prices, which is keeping inventory from flooding the market.
The Bigger Picture: Florida's Bright Future
The long-term outlook for Florida remains exceptionally strong. Dr. Brad O’Connor, Chief Economist for Florida Realtors®, projects continued population growth ahead:
- Average of 305,953 new residents annually from April 2026-2030
- That’s approximately 838 new Floridians every day
- This sustained growth will continue driving housing demand statewide
Jacksonville: A National Hot Spot
Great news for our local market! The National Association of Realtors® has named Jacksonville one of the Top 10 Housing Hot Spots for 2026. NAR Chief Economist Lawrence Yun attributes this recognition to our area’s affordability and the expected return of buyers as conditions improve ( i.e. lower mortgage rates and larger inventory).
National Outlook for 2026
The broader housing market shows promising signs:
- 📈 14% increase in existing-home sales projected
- 🏠 4% home price appreciation expected
- 💰 Mortgage rates declining toward 6%
- 💼 1.3 million new jobs anticipated nationwide (job growth stability)
Your Next Step
Whether you’re planning to buy, sell, or simply want to stay informed about market conditions, understanding these trends empowers you to make confident decisions. The current market presents opportunities for both buyers and sellers who approach it strategically.
Ready to discuss how these market trends affect your specific real estate goals? Let’s connect and explore your options in this evolving market.
Happy New Year, and here’s to dreaming big in 2026!