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Northeast Florida sees mixed indicators in home sales for May as more houses hit market

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The First Coast saw a mixed bag in terms of home sales figures in May. That’s according to Northeast Florida Association of Realtors (NEFAR) data released this week.

The six-county Northeast Florida region saw 1,984 closed sales last month. That’s a 10% decrease in home closings compared to May 2024, when there 2,204 closings. But the latest number was a 3.5% increase over the April 2025 figure, which was 1,917.

The median cost of a home on the First Coast came in at $388,995 for May. That’s a 3.7% decrease from May 2024, when that figure was $403,995, and a 0.2% decline from April 2025, when the median price tag was $338,173.

NEFAR officials say the numbers indicate the housing market is evening out.

“In general, we are seeing the shift to a more balanced market for both buyers and sellers,” said 2025 NEFAR President Mario Gonzalez. “These changes may continue to signal more sellers to choose to list their home before things shift more to potentially favoring buyers.”

One element of the monthly market analysis that favors buyers is a growing number of homes for sale.

There were 9,147 homes for sale in the Northeast Florida region in May. That’s a 20.1% increase over May 2024, when there were 7,616 homes for sale. It’s a jump from April’s number of 8,577, a 6.6% uptick.

While May’s inventory increase is notable, it’s not as dramatic as the spike seen in April, when there was a sharp 24.5% jump over April 2024’s figure and a 10.2% increase from March.

Individual First Coast county analyses were also mixed. Duval County, the region’s largest county by population, with Jacksonville as its key city, had 991 closed home sales. That’s an 8% drop from May 2024, but a 0.6% increase compared to April 2025.

The median home sale price was $329,990, which was a drop in both year-over-year and monthly comparisons. It was a 4.4% decline from May 2024’s median price of $345,000 and a 1.5% drop from the April cost of $335,000.

St. Johns County, one of the nation’s fastest-growing counties, had a median home sale price of $550,000 in May, a 2.7% drop from May 2024’s price of $565,000 and a 3% decline from April’s sales price of $566,900. The number of closed sales in St. Johns was mixed, like the rest of the region, with 530 transactions last month. That’s a 19.8% drop from May 2024’s 661 sales but a 13.2% increase over April’s number of 468 closings.

Nassau County also had mixed results in May, with last month’s median home sale cost at $463,400. That’s a 9% increase from May 2024’s price of $425,000, but a 3.5% drop from April’s median cost of $480,000. There were 119 closings, a 16.8% drop from May 2024 and a 9.2% decline compared to April.

Clay County was one of only two counties with upward trends in all key sectors. The median sales price came in at $367,990, a 0.8% uptick from May 2024 when that figure was $365,000 and a 3.7% increase compared to April’s price tag of $355,000. There were 282 closed sales in Clay in May, a 5.2% jump from May 2024 when there were 268 closings and a 3.7% increase from April’s 272 sales.

Putnam County had a May median home sale price of $270,000, a 3.8% increase from May 2024 and an 11.3% jump from April’s price. There were 51 closed home sales in Putnam last month, a substantial 37.8% increase from May 2024’s figure of 37 closings and a 6.3% hike over April’s 48 sales.

Baker County, the First Coast’s most rural county, posted a median home sale price of $265,000. That’s a 12.4% drop from May 2024 and a 13.1% decline from April 2025. There were only 11 closed home sales last month, a 38.9% decline in annual sales and a 15.4% fall month-to-month.


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Erin Gillespie joins Presidio’s Florida practice

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Erin Gillespie, a veteran of Florida state government and a recognized expert in technology-driven public sector solutions, has joined Presidio’s growing Florida.

Presidio, which has partnered with state agencies, local governments, and educational institutions across Florida for decades, announced Gillespie’s addition as part of its ongoing expansion of State, Local and Education (SLED) solutions.

“Erin’s diverse background in Florida state government, paired with her experience in innovative technology services, makes her the perfect choice to continue expanding our presence here in Florida,” said Dustin Caldwell, Presidio Vice President of SLED solutions. “We are so excited to add her to our team.”

Gillespie brings more than 20 years of experience in government operations, economic development, disaster management, and technology modernization. She spent over a decade in Florida state government, including roles as Deputy Chief of Staff at the Florida Department of Economic Opportunity (now FloridaCommerce), and leadership positions at the Florida Department of Agriculture and Consumer Services and the Florida Department of Children and Families.

Since leaving state service, Gillespie has advised governments across the country on digital transformation strategies — supporting modernization of IT infrastructure, disaster recovery, grants management, call centers, and more.

“I could not be more thrilled to join the incredible Presidio team here in Tallahassee, and to continue serving state and local government,” Gillespie said. “Presidio works hand-in-hand with agencies across a wide range of technology solutions to help them deliver better services to constituents all across the state.”


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Moore earns spot on Inc.’s 2025 Best Workplaces list

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Moore, a globally recognized marketing and communications agency headquartered in Tallahassee, has once again been named to Inc.’s annual Best Workplaces list — an honor that highlights companies with standout cultures and team-first values.

“We are honored to once again be recognized on a national stage for the culture we’ve built and the values we live by. Our people are the heart of Moore, and this honor belongs to each of them,” said Karen Moore, the agency’s founder and CEO.

The 2025 list, compiled by Inc. in partnership with Quantum Workplace, evaluated companies across the country on employee engagement, benefits, management effectiveness, professional development, and overall workplace experience. Moore was among just 514 honorees selected nationwide.

“This recognition is a celebration of our people and the intentional culture we’ve cultivated together,” said Terrie Ard, President and COO of Moore. “Being named to Inc.’s Best Workplaces affirms that our commitment to collaboration, growth, and purpose-driven work truly makes Moore a place where people thrive.”

Moore’s team retention rate stands at 92%, while client retention reaches 98%—figures the agency credits to its deliberate investment in people and culture.

“Inc.’s Best Workplaces program celebrates the exceptional organizations whose workplace cultures address their employees’ welfare and needs in meaningful ways,” said Bonny Ghosh, editorial director at Inc.

“As companies expand and adapt to changing economic forces, maintaining such a culture is no small feat. Yet these honorees have not only achieved it—they continue to elevate the employee experience through thoughtful benefits, engagement, and a deep commitment to their teams.”

With team members positioned across the U.S., Moore provides full-service capabilities in public affairs, branding, digital marketing, crisis communications, media relations and more—serving Fortune 500 companies, state agencies, and nonprofits alike.


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Florida Hospital Association applauds ‘meaningful health care investments’ in budget

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Count the Florida Hospital Association (FHA) among the organizations praising lawmakers for considerations in the state’s 2025-26 spending plan.

The Tallahassee-headquartered nonprofit trade group, which represents hospitals and health systems across the Sunshine State, applauded the Legislature for making “strategic investments in health care” prioritizing research, infrastructure, mitigation grants and expanded patient access.

That includes:

— $15 million to support hospitals performing intestinal transplants.

— $10 million for the Cancer Connect Collaborative incubator lawmakers created this year to advance pediatric cancer care and treatment research by specialty children’s hospitals.

— $10 million to support a statewide grant pilot program for integrated residential treatment services for women with persistent mental illness and substance use disorders.

— Funding for hospital hardening and mitigation.

— Language directing the Agency for Health Care Administration and the Department of Health to seek the Centers for Medicare and Medicaid Services’ approval of a prospective payment system for behavioral health ambulatory services provided by Certified Community Behavioral Health Clinics.

— Full funding of the most recent Social Services Estimating Conference estimates for Florida Medicaid.

FHA President and CEO Mary Mayhew said in a statement that her organization is “grateful to Senate President Ben Albritton, House Speaker Daniel Perez and members of the Florida Legislature for their commitment to strengthening Florida’s health care delivery system.”

“The Florida Legislature’s commitment to invest strategically in emergency preparedness, innovation and access to care for Florida’s most vulnerable residents will have a lasting impact,” she said. “These investments give our hospitals great confidence to deliver modern, sophisticated health care as our population and their health care needs continue to grow.”

After more than a month of extended Session work, lawmakers adjourned Monday after agreeing on a $115 billion spending plan for 2025-26. The budget, a middle ground between the Senate and House proposals, is now headed to Gov. Ron DeSantis’ desk for vetoes and approval.

Other groups praising the budget include the Florida Retail Federation, Safety Net Hospital Alliance of Florida, National Federation of Independent Business, Florida Conservation Group and Florida Citrus Mutual.

Florida TaxWatch, meanwhile, flagged $416 million worth of “Budget Turkeys” in the plan and highlighted $799.5 million in other proposed spending that deserves “especially close scrutiny” from the Governor.


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