The Northeast Florida housing market continued to stabilize in February, showing signs of a healthy and balanced environment for both buyers and sellers.
The median sales price came in at $362,750, which is nearly flat compared to last year but up 3.6% from January, suggesting prices are holding steady as we move toward the spring market.
Buyer activity increased in February with closed sales up 8.3% year-over-year and a significant jump from January. At the same time, homes are taking slightly longer to sell, with the median days on market now at 51 days, giving buyers more time to evaluate their options.
Sellers are still performing well, receiving an average of 97.2% of their list price, although bidding wars have become less common compared to previous years.
Inventory currently sits at 4.7 months of supply, which places the market very close to a balanced range. This means both buyers and sellers have opportunities, depending on pricing strategy and property condition.
As we head into the spring season, the Northeast Florida market appears to be transitioning into a more stable and sustainable pace, which is encouraging news for anyone considering buying or selling a home in 2026!
