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 2012 August 2011
Active Listings: 1,600 Active Listings: 1,878
Sold: 284 Sold: 286
Months Inventory: 5.63 Months Inventory: 6.57
Average Price: 565,106 Average Price: 505,653
The market in St Johns is still inching lower on the months inventory level. 5.7 months in July 2012, but still seeing a positive drop this month. The average price has also went up thanks to the luxury market in the 800k and up price range. With the holiday season approaching, we should continue to see less dramatic numbers. I’ll also be curious to see how the market reacts to the upcoming election in November.
St Johns County Florida Real Estate Market Report August 2012
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!