St Johns County Florida Market Report
Single Family homes (attached & detached)
Single Family homes in:
·St Johns County
·St Augustine Beach
·Ponte Vedra Beach
July 2011 July 2010
Active Listings: 1,931 Active Listings: 2,370
Sold: 204 Sold: 210
Months Inventory: 9.47 Months Inventory:11.29
Average Price: 587,733 Average Price: 524,083
Looks like we took a few steps back in the months inventory, from June 2011, but still an improvement over last year. I have added the total average price to give you an idea of what the prices are doing. As you can see, the average price of homes sold in St Johns County is up over last year. That’s great news, however the better indicator is to look at the different price ranges below and compare them. The luxury market in St Johns County is going to perform different than the smaller price points.
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!