St Johns County Florida Market Report
Single Family homes (attached & detached)
February 2011
Single Family homes in:
·St Johns County
·St Augustine
·St Augustine Beach
·Ponte Vedra
·Ponte Vedra Beach
·Palm Valley
·Nocatee
·Vilano Beach
February 2011 February 2010
Active Listings: 2,095 Active Listings: 2,193
Sold: 171 Sold: 139
Months Inventory: 12.25 Months Inventory: 15.78
We find small Improvements in February. The months inventory has slightly decreased from January 2011 and we see a bigger improvement over February 2010. The sold foreclosures and short sales in St Johns County was at 84 homes sold, which made up almost half of the total homes sold at 49.12%. Last year in February we saw 26 sold foreclosures and short sales, which made up only 18.71%.
February 2011
And now for a Blast in the Past…………..
February 2010
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 St John’s County Florida Home? Call me at 904-910-3516 and find out!
