Clay County Florida Market Report
Single Family homes in:
· Fleming Island
· Orange Park
· Green Cove Springs
Active Listings: 908 Active Listings: 1,212
Sold: 215 Sold: 172
Months Inventory: 4.22 Months Inventory: 7.09
Average Price: 554,282 Average Price: 300,930
A balanced market is one with 6 months inventory, and with 4.22 months of inventory, it’s safe to say hello seller’s market! Look at the 0-150k price range. 3.35 months of inventory and the average price jumped by around 7k. Not bad. I mention the bottom price range a bunch, because that’s our foundation to the real estate market. A strong foundation is important in just about everything in life. Real estate is no different. Now that we are seeing positive numbers in the foundation price range, it will be awesome when we see less short sales and more move up sellers, instead of more sellers selling and turning into renters.
Is it a good time to buy? You tell me buyers! Do you have a down payment? Do you have money for closing costs? Do you have a savings to deal with those rainy day projects that come along with homeownership? Are you living paycheck to paycheck? Only you can answer the question, is it the right time to buy, not us real estate agents. Don’t let the market tell you whether you’re ready or not.
Clay County Florida Market Report December 2012
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
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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!