St Johns County Florida Market Report
Single Family homes (attached & detached)
Single Family homes in:
·St Johns County
·St Augustine Beach
·Ponte Vedra Beach
May 2011 May 2010
Active Listings: 2.062 Active Listings: 2,294
Sold: 231 Sold: 228
Months Inventory: 8.93 Months Inventory: 10.06
In the tradition of April showers bringing May flowers, I included a picture of a Hibiscus flower, which happens to be one of my favorites. I know, flowers don’t belong on a market report! May is showing signs of improvement over April 2011. We see a month decrease in the months it will take to sell the current inventory. Continuing a downward trend is the amount of foreclosures and shorts sales sold in St Johns County at 26.41% for the month of May. For some reason all this talk about the month of May has me singing the song My Girl by The Temptations! 🙂
And now for a Blast in the Past…………..
Active Listings– The amount of active listings in the month reported
Sold– The amount of sold listings that closed in the reported month.
Months Inventory– How many months it would take to sell the current inventory based on the sold amount.
Avg Sale Price– Average sale price of the sold houses in the reported month.
SP/OLP Ratio– Sales price to Original List Price, this is the percentage showing the difference of what the house was originally listed for and what it sold for.
Days on the Market– The length of time it took the house to get under contract from list date.
Sold REO– How many homes sold that were foreclosures (REO=Real Estate Owned).
Sold Short Sales– How many homes sold, that were short sales
Want to know what these numbers mean to you when selling your St John’s County Florida Home? Call me at 904-910-3516 and find out!