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By Matty Miller

With a track record defined by precision and local expertise, Matty Miller is a cornerstone of the Jacksonville real estate market. Since 2017, Matty has successfully navigated over 200 real estate transactions, earning his Broker’s license in 2019 to provide a higher tier of service to his clients. Currently overseeing a single-family property portfolio valued at over $50 million, Matty specializes in the strategic management and acquisition of high-value assets across the First Coast. His approach combines deep market data with a boots-on-the-ground understanding of Jacksonville’s unique neighborhoods. Whether working with institutional investors or individual homeowners, Matty delivers the seasoned perspective required to maximize value in Florida's most dynamic coastal markets.

Let’s Explore Your Selling Options. I’ll help you sell your home at the price and terms you want. Free Selling Strategy Call

With the benchmark around $300,000, the real estate business in JAX sees modest growth despite changing market dynamics ahead of the fall season.

Are you thinking about buying or selling a home in Jacksonville? As we head into the fall season, the real estate market shows signs that could benefit buyers and sellers. Here’s what you need to know:

Sales prices remain stable. Everyone talks about price; recently, we’ve seen home prices in Jacksonville hold steady. The median sales price in Jacksonville, including Duval, St. Johns, and Clay counties, is now around $300,000.

Days on the market are increasing. Another key metric is how long it takes to sell a house. We’ve gone from properties sitting on the market for about five days a couple of years ago to approximately 50 days now. This means properties take longer to sell, and prices adjust accordingly.

Fewer pending sales, growing inventory. New pending sales—a measure of how many properties go under contract in a given week—have slowed down compared to last year. Our active inventory is growing, with fewer properties under contract and new listings coming each week.

What this means for buyers and sellers. For sellers, the most important thing is to price your home correctly. You will likely face challenges if it sits on the market too long. For buyers, there are opportunities. If you’ve held off because prices were too high or interest rates were steep, now might be a good time to look at the market.

Fall is one of my favorite times to buy and sell before the holidays. There are typically some good deals if you want to get involved in the market.

At Pursuit Real Estate, we track these trends week by week. Contact me if you have any questions about the market or are considering selling. I’m more than happy to provide some quick numbers for you.

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