April 2023 Real Estate Market Update for Fernandina Beach and Amelia Island, FL

Did you know the average sale price of a single-family home in the Amelia Island and surrounding Nassau County, Florida area is currently more than half a million dollars?

Here's your April 2023 Real Estate Market Overview For Amelia Island, Fernandina Beach and the Surrounding Nassau County, Florida Area

Here’s a closer look at the numbers and how the market data from The Amelia Island-Nassau County Association of Realtors for single family homes has changed over the past year from April 2023 vs. April 2022:

• The average sales price of a home was $548,467 in April 2023 vs. $573,713 in April 2022 (-4%)
• The amount of new listings coming on the market increased slightly to 210 in April 2023 vs. 198 in April 2022 (+6%)
• Months supply of inventory continued to increase to 2.6 months in April 2023 from 0.9 months in April 2022 (+189%)
• Homes stayed on the market an average of 48 days in April 2023 vs. just 7 days in April 2022 (+585%)

So, what do these most recent stats mean for you?

If you’ve been looking to buy a home in the Fernandina Beach, Amelia Island, Yulee, or the surrounding Nassau County, Florida area the market is not quite as fierce as it was a year ago. There’s more inventory of active homes available to choose from, and homes are staying on the market longer than they were a year ago.

However, if you see a home that you like – don’t wait too long to make an offer. Attractive properties that are priced right are still moving fast and some are even seeing multiple offers, which is also good news if you're considering selling your home.

How much is your Fernandina Beach, Amelia Island or Yulee home worth in today's real estate market?

Get a FREE instant home valuation here. Even if you're not looking to sell your home right know, knowing you're home's value can help you with financial planning, updating insurance coverage, as well as contenplating potential housing moves.

I’d be more than happy to answer any questions you have about these real estate market stats for the Amelia Island, Fernandina Beach, Yulee and surrounding Nassau County, Florida or any real estate related questions you may have! Feel free to contact me at (904) 866-1211 or colleen@closewithcolleen.com.

ABOUT TOP FERNANDINA BEACH REALTOR COLLEEN GERKE
Colleen Gerke is a Top Producer Realtor in Fernandina Beach, Amelia Island, Yulee and the surrounding Northeast Florida area. Colleen has a top 5-Star rating on Zillow, Yelp, Realtor.com and Facebook. She strives to be the best real estate agent you’ve ever worked with! Whether you’re looking to sell your house in Fernandina Beach, move to Amelia Island, or add a Florida property to your rental portfolio, you’ll have a stress-free real estate experience when you Close with Colleen.