Market Update Jacksonville Fl, May 2024

Momentum Realty agents are maintaining their average income of more than $100,000 per agent. Think about that, the AVERAGE is $100,000!

The Influence Effect: You become who you spend time with.

Busy season is really kicking off this year!! -- and when you're teaming up with focused group of growth minded business partners, the obstacles become fewer, and your business grows faster.

This is a great opportunity for Momentum because agents are starting to look at their profit and loss statements again -- and wondering why they pay so much to their brokerages in splits, versus transitioning to a low fee, high productivity environment with top producers who will create the energy, MINDSET, and tactics needed to take share in this market.

Here's some key stats for May 2024 vs 2023:

- New Listings: +48.7%

- Pending Sales: -28.6%

- Closed Sales: -3.5%

- Median Sales Price: +3.1%

- Inventory: +96.9%

- Month's Supply 3.7 months

- Days on Market: 34 days (+2 days from prior months)

- % of Homes Selling Above List Price: 14.1%

Statistic's Source: Northeast Florida Association of Realtors