After a challenging 2020, the first quarter of 2021 gave Jacksonville’s buyers and sellers some much-needed confidence and optimism. After a full year into the pandemic, closings and signed contracts are steadily climbing at a modest rate. Increasing value, lower interest rates, the vaccine rollout, and a recovering economy are powering the market’s improvement. The Jacksonville metro has consistently outperformed other Florida markets, and we are confident the recent performance indicates that demand for Jacksonville real estate has turned the corner to recovery.
Featured in this quarter’s Jacksonville Market report:
- Read exclusive insights from NAI Hallmark brokers on Jacksonville’s biggest sectors.
- Learn about the major leases and sales closed over the last quarter.
- See tables and graphs of historical asking rates, vacancy rates, and absorption.
- Discover what big news is happening in the coming months.
