St Johns County Florida Market Report
Single Family homes (attached & detached)
Single Family homes in:
·St Johns County
·St Augustine Beach
·Ponte Vedra Beach
August 2011 August 2010
Active Listings: 1,878 Active Listings: 2,332
Sold: 286 Sold: 218
Months Inventory: 6.57 Months Inventory:10.70
Average Price: 505,653 Average Price: 479,210
To celebrate the new school year, the real estate market in St Johns County Florida shows improvement over last year in every above category, and the months inventory comes down from July 2011. The average price dropped some from last month, but again that reflects the 800k and up price point.
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 St John’s County Florida Home? Call me at 904-910-3516 and find out!