The median price of a single-family home increased 0.2% in May while the inventory of homes for sale rose 6.6%, according to the Northeast Florida Association of Realtors.
NEFAR supplies monthly home sales data for Baker, Clay, Duval, Nassau, Putnam and St. Johns counties.
The May median price of $388,995 is down 3.7% from the same month a year ago. The record is $403,000 in May 2024.