Clay County Florida Market Report
Single Family homes in:
· Fleming Island
· Orange Park
· Green Cove Springs
March 2012 March 2011
Active Listings: 1,250 Active Listings: 1,512
Sold: 178 Sold: 201
Months Inventory: 7.02 Months Inventory: 7.52
Average Price: 275,164 Average Price: 282,339
More homes sold this month, then in February 2012, which is typical since March is the start of our busy real estate market. The average price came down, which was due to no homes selling in the 500k-800k price point. You’ll notice that, in the price range of 150k and below, we are below 6 months of inventory, which is a sign of a seller’s market. Still, it’s not yet time, that we can claim a seller’s market.
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!