A $100K price cut and 67 days on the market just to sell a Jacksonville home is the new reality for many local sellers. Jacksonville now ranks third nationwide for the biggest year-over-year home price drop, with the median price falling 3.1%. Some neighborhoods are seeing even steeper declines, and experts predict prices could drop up to 30% from their 2022 peak over the next 18 months. While this shift is tough for sellers, it could finally give buyers some breathing room. Are you seeing more ‘For Sale’ signs lingering in your neighborhood? How do you think this will affect our community? #RealEstate #Jacksonville #HomePrices