This Week’s Luxury Housing Report Numbers Are Out

Great news for #luxury home buyers, not so great for sellers. The national composite price is just north of $1.6 million, with homes sitting on the market an average of 158 days (up from last week). The Market Action Index is 29, which in layman’s terms means a “cool – buyer’s market.”

Just over 40% of currently listed luxury homes saw a price decrease, and 1,430 new luxury homes hit the market. Read more about this week’s statistics and trends here.

If you’re in the market for upscale real estate in Jacksonville and the greater Florida area, please visit our website to find out more about our personalized service. We’ll help you close on your new luxury residence, vacation home or investment property.