St Johns County Florida Real Estate: Market Report June 2012

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 St Johns County Florida Market Report

Single Family homes (attached & detached)

June 2012

 

Single Family homes in:                                                     Bridge of Lions

St Johns County

·St Augustine

·St Augustine Beach

·Ponte Vedra 

·Ponte Vedra Beach

·Palm Valley

·Nocatee

·Vilano Beach

 

 

June 2012                        June 2011

Active Listings: 1,663                 Active Listings: 2095

Sold: 173                                   Sold: 171

Months Inventory: 9.61            Months Inventory: 12.25

Average Price: 512,483             Average Price: 740,290

The St Johns County Real Estate market is starting to see an increase in the months inventory department.In May 2012, we were at 6.6 months. Not to worry, if you look at the chart below you will see that  500k and below at 5 months and below. It’s the price range of 500k and up that is causing our months inventory to be a little longer. Also worth noting is that the 800k and up price range for June 2012 is less than June 2011. The rest of the market showed an increase in the average price sold. We are seeing some positive news for our area.

St Johns County Florida Real Estate Market Report June 2012

St Johns County Florida Market Report June 2012

And now for a Blast in the Past…………..

St Johns County Florida Real Estate: Market Report June 2011

St Johns County Florida Market Report June 2011

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!

 

 

 

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