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First Coast housing market hottest it’s ever been

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First Coast housing market hottest it’s ever been

September 13, 2020
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First Coast housing market hottest it’s ever been
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A builder works on the roof of a Meadows at Oakleaf home behind the Oakleaf Town Center in Jacksonville on Labor Day. The housing market has been so robust during the pandemic that there aren't even enough houses to keep up with the demand, according to the Northeast Florida Association of Realtors.

Countless businesses, vocations and industries have been crippled due to the outbreak of coronavirus on the First Coast. The real estate business has not been one of them.

The Northeast Florida real estate market is in one of its most robust seller’s market many long-time professionals in the industry say they’ve ever seen. There are many factors that are playing into the highest average price for a house for sale on the First Coast. If one thing is certain, the bullish housing market won’t cool down anytime soon.

“The Florida housing market will continue to be strong through the end of 2021,” said Missi Howell, Northeast Florida Association of Realtors president-elect. “There’s a shortage of housing.”

The decreasing inventory comes amid a wild jump in demand for homes, which in turn is jacking up prices for houses. In July the average price for a house on the First…

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