Clay County Florida Market Report
Single Family homes in:
· Fleming Island
· Orange Park
· Green Cove Springs
April 2012 April 2011
Active Listings: 1,216 Active Listings: 1,516
Sold: 135 Sold: 185
Months Inventory: 9.01 Months Inventory: 8.19
Average Price: 351,848 Average Price: 399,426
Seems that Clay County is in a yo-yo pattern when it comes to the months inventory. While Jacksonville is seeing a more rapid decrease in inventory, Clay County is a little more slow and steady. Which isn’t a bad thing, Clay didn’t suffer the damage of the real estate burst like Jacksonville. No denying, we still suffered. Want to know what the inventory levels were like in 2005? I know, you were just asking yourself that. 🙂 In April 2005, there were 838 homes available for sale. 320 homes sold, which made our monthly inventory at 2.62 months. Which means at that time, it would take a little less than 3 months to sell 838 homes. No, don’t wish we were back there now, we now know what happened next!
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 Clay County Florida Home? Call me at 904-910-3516 and find out!