Market Projections | by Dylan Rigdon

In 2024, Northeast Florida's real estate market is expected to maintain its upward trajectory, buoyed by several factors. The region's attractive climate, burgeoning job market, and relatively affordable housing compared to other coastal areas continue to draw both domestic and international buyers. Urban revitalization efforts in cities like Jacksonville and St. Augustine are likely to drive demand for residential properties. However, challenges such as rising construction costs and potential fluctuations in interest rates may introduce some moderation in the market's pace. Overall, Northeast Florida is poised for a resilient and dynamic real estate landscape in 2024.

RECENT LISTINGS:

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ADDRESS
SOLD DATE
PROPERTY TYPE
CONFIGURATION
SOLD PRICE
95076 OELSNER DR,  Fernandina Beach,  FL 32034
31
Single Family Home
3 beds
2 baths
2,908 SqFt
$641,000
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95045 SHURWALL LN,  Fernandina Beach,  FL 32034
45
Single Family Home
4 beds
3 baths
3,117 SqFt
$1,712,500
$163K
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