Jacksonville ranked 6th Worse Sales Drop in State of Florida out of 20 markets tracked by Florida Association of Realtors.
Median sales in Jacksonville fell 8%. (This number doesn't really mean anything because more lower priced homes are selling than higher price homes, so it would only make sense that the median price would fall.)
A whopping 40% drop in condo sales were experienced in 2008 as compared to 10% drop statewide.
Date: 2009-01-28 08:52:00