December Clay County Real Estate: Serious Buyers, Homestead Rush, and What’s Next for 2026

We see another month where the median sales prices in the negative over last year, but we did see more homes sell. That seems to be kind of normal in December, even though you think about the holidays which does slow things down. However, the ones looking are very serious and many are wanting to get in before the end of the year so they can claim their Homestead exemption. It will be interesting to see what 2026 will bring, since there are many ideas being thrown around to help ease the housing affordability issues.

Check out Mortgage Daily News for the latest interest rates and some informative commentary.

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 358,000 and the other half were less than 358,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 4.15 months to sell the active homes, if no other homes came on the market. How to determine what type of market we are experiencing:

Buyers’ Market: More than 7 months of Inventory

Balanced Market: From 5-7 months of Inventory

Sellers’ Market: Less than 5 months of inventory

Average Days on the Market: This is the average based on the time the house came on the market until is went under contract.

Original List Price to Sales Price: This is the percentage of what the home sold for compared to what it was originally listed for. Not what it was listed for at the time it went under contract.