The First Coast housing picture continued its trend of mixed results in July.
There were 2,820 housing sales for Northeast Florida for the month. That's up from July 2018, but down from June's monthly housing sales, according to the Northeast Florida Association of Realtors. There were 2,977 home sales in June and 2,820 homes sold in July of last year.
The July results bring yet another round of figures that paints an unclear picture of the First Coast housing market that has seen mixed results for several months this year.
One indicator that showed a consistent upward tick was the median price for a house at $242,000, up from July 2018 when it was $230,000.
The number of houses on the market is also decreasing as the total inventory of homes for sale dropped to 9,173 properties in July, a 7.4% decrease from a year ago.
"Rising prices and ongoing low inventory are advantageous for sellers, while making the search and buying process more competitive for buyers," said Jeanne Denton-Scheck, association president.
