Clay County Florida Market Report
Single Family homes in:
· Fleming Island
· Orange Park
· Green Cove Springs
October 2011 October 2010
Active Listings: 1,274 Active Listings: 1,778
Sold: 137 Sold: 156
Months Inventory: 9.30 Months Inventory: 11.40
The months Inventory for October has crept up from September 2011 by a few months. The inventory level dropped slightly, but what caused the increase in the months inventory, was the total homes sold was about 54 homes less than last month. No need to worry, this is the time of year where the total homes sold are less due to the holiday seasons. Still, you’ll notice an improvement over last year in October.
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!