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 2012 July 2011
Active Listings: 1,602 Active Listings: 1,931
Sold: 281 Sold: 204
Months Inventory: 5.70 Months Inventory: 9.47
Average Price: 518,463 Average Price: 587,733
The real estate market in St Johns is telling a little different story than the real estate markets in Clay County and Jacksonville. St Johns sees an improvement in July 2012 over June 2012. Big difference in the months inventory from last month and last year in July! A balanced market is one, where the months inventory is around 6 months, anything above that is considered a buyers market, while anything below that is a seller’s market. We are starting to dip into a seller’s market, which will be good news for seller’s needing to sell.
St Johns County Florida Real Estate Market Report July 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!