St Johns County Florida Market Report
Single Family homes (attached & detached)
Single Family homes in:
·St Johns County
·St Augustine Beach
·Ponte Vedra Beach
June 2011 June 2010
Active Listings: 2,031 Active Listings: 2,324
Sold: 291 Sold: 276
Months Inventory: 6.98 Months Inventory: 8.42
The real estate market in St Johns County for the month of June is showing signs of almost being a balanced market. Typically, a balanced market is when the inventory level is around 6 months. You’ll notice in the 300k- 650k price range, the months inventory is under 6 months. Less inventory and more homes sold in June than in May 2011, all good news for St Johns County!
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!