St Johns County Florida Market Report
Single Family homes (attached & detached)
Single Family homes in:
St Johns County ·St Augustine ·St Augustine Beach ·Ponte Vedra ·Ponte Vedra Beach ·Palm Valley ·Nocatee· Vilano Beach
February 2013 February 2012
Active Listings: 1,338 Active Listings: 1,663
Sold: 230 Sold: 173
Months Inventory: 5.82 Months Inventory: 9.61
Average Price: 470,413 Average Price: 512,483
Not much change this month in months inventory vs last month in January. Average price was less this month than last month, mainly due to lower average sales price in the price range of 500k and up. I know it can be disheartening to see more homes sold in February 2013 than in February 2012, but see the average price being less. The positive to this, is as long as the inventory continues to decrease, the prices will start to make a climb up.
St Johns County Florida Real Estate Market Report February 2013
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
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