Clay County Fl Real Estate Market Report October 2016
Includes single family homes in Orange Park, Fleming Island, Green Cove Springs and Middleburg Florida
Those October numbers aren’t so scary!! Get it? Scary=October=Halloween. Ok, maybe that wasn’t so funny. 🙂 The median sales price for Clay County in October 2016 was almost 16% greater than in 2015 for the same month. The rest of the numbers are similar but still slightly better this year in October.
You might be wondering if that applies to your home, but each neighborhood is different, so if you’re thinking of selling and want to know more click: What’s my Clay County Florida Home Worth? If you’re a buyer and want to see what homes are available in Jacksonville, click the following link: Want to Search for Homes in Clay County Florida?
Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 185,000 and the other half were less than 185,000.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.63 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.