July 2025 Market Trends

May 28

📊 Market Snapshot – July 2025

📌 Active Listings (Duval County): 4,243 (MLS) / 4,643 (Realtor.com)
⏳ Median Days on Market (Jacksonville MSA): 72 days (FRED) / 38 days (MLS closed SFRs)
📝 Closed vs. Pending Sales (Duval): 947 closed • 659 pending (MLS)
📦 Months of Inventory (Duval): ~4.5 months (MLS; balanced market ≈ 6 months)
💰 Median Home Value (Duval County, ZHVI): $297,876 (–4.0% YoY)
📉 Jacksonville Metro Home Value (ZHVI): $288,418 (–4.0% YoY)

🏘️ Inventory Trends

Duval County ended July with 4,243 active MLS listings and a 4.5-month supply—solidly in “balanced market” territory. Realtor.com’s broader public portal showed 4,643 actives, but MLS numbers better reflect local negotiations.

⏱️ Days on Market

MLS (closed SFRs): Homes sold in a median of 38 days—quicker than national averages.
MSA (FRED/Realtor.com): Median DOM was 72 days, which measures time across all inventory.

👉 Translation: Well-priced homes still move quickly, but overall buyer pace has slowed compared to earlier in the year.

🔑 Buyer Demand

947 homes closed in July (Duval MLS).
659 homes went pending (contracts signed but not closed).
With pendings lagging closings, demand has cooled from peak spring levels. Serious buyers remain, but competition is lighter.

💵 Home Values

Duval County (ZHVI): $297,876 (–4.0% YoY).
Jacksonville Metro (ZHVI): $288,418 (–4.0% YoY).

📉 Both county and metro values are trending modestly lower year-over-year—giving buyers an affordability boost while reminding sellers to stay competitive on pricing.

📌 What This Means for You

👩‍💼 For Buyers:
✔️ More homes to choose from
✔️ Longer decision windows
✔️ Greater negotiating leverage

🏠 For Sellers:
✔️ Pricing and presentation are critical
✔️ Expect longer selling timelines on average
✔️ Well-prepared listings can still sell fast (MLS DOM: 38 days)

✨ Pro Tip: With rates holding in the mid-6% range, affordability remains tight—but motivated buyers are actively shopping in July’s balanced market.

🔎 Note on Data Sources:

MLS/NEFAR reports are the most accurate for Duval County (used by agents & appraisers).
Realtor.com/FRED publishes broader counts, which can differ slightly.
Zillow’s ZHVI tracks value trends, not actual sales prices.

Jen Van Fleet