Clay County Fl Real Estate Market Report September 2017
Includes single family homes in Orange Park, Fleming Island, Green Cove Springs and Middleburg Florida
The Clay County market has seen a small hit from Hurricane Irma coming through the area. There were less homes sold in Sept 2017 vs Sept last year, and even last month. We did see an increase in the median sales price in Sept 2017 from August and Sept 2016, so that’s promising. It will be interesting to see if the homes sold in Clay County in October is less or if it goes back up.
You might be wondering how these stats apply to your home, 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 Clay County, click the following link: Want to Search for Homes in Clay County Florida Florida?
Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 206,000 and the other half were less than 206,000.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.34 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.