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2018 was a year of quite a few changes in the real estate market. Interest rates rose throughout the year and are currently 4.62% as compared to 3.94% this time last year. This is better than the 5% or more predicted at the beginning of the year. This and some other factors led to fewer resale homes on the market. New home builders attempted to keep up with demand, however some had little or no inventory homes for the majority of the year.

Amelia Island Single Family Homes

559 homes have sold this year on Amelia Island with an average price of $499,203.  Homes spent an average of 76 days on the market.  This is up slightly from 553 this time last year.  The average price then was $471,831 and homes spent an average of 94 days on the market.  This is an increase of 5.8% in average price.

Shop for Amelia Island Homes Under $500k

Amelia Island Condos

As of December 21, 281 Condos have sold this year on Amelia Island with an average price of $463,085.  Condos spent an average of 95 days on the market.  This is down slightly from 286 this time last year.  The average price then was $473,027 and homes spent an average of 145 days on the market.  This is a decrease of 2.1% in average price.

Shop for Amelia Island Condos Under $460k

Fernandina Beach Single Family Homes (Off Island)

577 homes have sold this year in Fernandina Beach with an average price of $320,370.  Homes spent an average of 89 days on the market.  This is down from 639 this time last year.  The average price then was $295,792 and homes spent an average of 105 days on the market.  This is an 8.3% increase in average price.

Shop for Fernandina Beach Homes Under $300k

Yulee Single Family Homes

217 homes have sold this year in Yulee with an average price of $234,826.  Homes spent an average of 46 days on the market.  This is down from 290 this time last year.  The average price then was $207,966 and homes spent an average of 73 days on the market.  This is an 12.9% increase in average price.

Shop for Yulee Homes Under $235k

Jacksonville Single Family Homes

Jacksonville was not changed as much in 2018.  13,031 homes have sold this year in Jacksonville with an average price of $224,623.  This is up slightly from 12,994 this time last year.  The average price then was $207,447.  This is an 8% increase in average price.

Shop for Jacksonville Homes Under $225k

Jacksonville Condos saw a 7% reduction in sales and an 8% increase in average price.

Camden County GA

805 homes have sold this year in Camden County with an average price of $194,395 and an average of 84 days on the market.  This is down slightly from 845 and 103 days on market this time last year.  The average price then was $181,396.  This is an 7.2% increase in average price.

Shop for Camden Homes Under $200k

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