Price cuts were the big story around Jacksonville & Northeast Florida this week, with plenty of listing activity to talk through, too. For Monday, Nov 2 to Sunday, Nov 8, 2026, there were 848 price reductions, compared with 688 last week. The median price reduction was 2.3%. Thursday, Nov 5 stood out with 182 price reductions, making it a notable day for changes to asking prices.
New listings totaled 777, compared with 713 last week, while 798 homes went under contract, compared with 712 last week. Thursday, Nov 5 also brought 157 new listings and 166 homes going under contract. For a look at how long that process took, the median time to contract was 28 days.
Among the busiest neighborhoods, Nocatee recorded 16 price reductions and 6 new listings. Silverleaf had 11 price reductions and 4 new listings, while Shearwater saw 9 price reductions and 7 new listings. Rivertown’s activity included 5 homes sold and 5 new listings. Those neighborhood figures give you a closer look at the week beyond the regional counts.
Across the region, 282 homes sold, compared with 533 last week. Last week included the end of the month, when closings usually bunch up, so that sales count runs higher than a typical week. Friday, Nov 6 was the busiest closing day, with 97 homes sold. The median sale price was $369,000, and the median sale-to-list price was 97.8%. Closings are sometimes entered in the MLS a few days late, so late-reported closings can still add to this week’s sales count.