St Johns County Florida Market Report
Single Family homes (attached & detached)
Single Family homes in:
St Johns County
·St Augustine Beach
·Ponte Vedra Beach
May 2012 May 2011
Active Listings: 1,697 Active Listings: 2062
Sold: 257 Sold: 231
Months Inventory: 6.60 Months Inventory: 8.93
Average Price: 527,193 Average Price: 524,131
Well, looks like St Johns crept up some in the months inventory. Last month, we were seeing inventory level almost at a balanced market, but this month we moved up a little. Check this out though: Take a look at 150k and below, go ahead I’ll wait. 3.64 months inventory! The inventory dropped and the average price jumped up by around 8k. I think if we were to dig some, that we would see some neighborhoods, with slight price increases. Good stuff in May!
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!