St Johns County Florida Market Report
Single Family homes (attached & detached)
Single Family homes in:
St Johns County
·St Augustine Beach
·Ponte Vedra Beach
October 2012 October 2011
Active Listings: 1,478 Active Listings: 1,728
Sold: 269 Sold: 207
Months Inventory: 5.49 Months Inventory: 8.35
Average Price: 538,537 Average Price: 482,905
Check out 150k and below price range. Whoa. Less than 3 months inventory in that price bracket. Prices will rise, as you can see the average sale price has went up slightly. Overall, St Johns County real estate market is showing a balanced market, with homes 300k and below getting into a sellers market. Showing an improvement over last year and even September of 2012.
St Johns County Florida Real Estate Market Report October 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!