NE FL Building Permits At Highest Point Since 2007

In June, JAX’ four-county metro area issues some 788 permits for single-family homes, the highest volume of permits since 2007, and twice the number than any month from 2009 to 2011, but more importantly, still less than half of the unsustainable 2005 peak.  Roger Bull of The Florida Times-Union has the story here.

In a related story, the Northeast Florida Association of Realtors reports home sales for June 2015 were up 13% and the median price up 11%, to $183,590.  The strongest areas of purchases, in terms of the number of transactions from June 2014 to June 2015, were NE St. Johns County, Orange Park, Fleming Island, and Southside.  Overall, some 2,587 homes were sold in the area, about 100 more than the previous record set in the boom-time of 2005. The Florida Times-Union staff has the report here.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on July 18, 2015, in Development, Market Reports/Statistics, Residential, The Florida Times-Union and tagged , , , . Bookmark the permalink. Leave a comment.

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