St Johns County Florida Market Report
Single Family homes (attached & detached)
Single Family homes in:
St Johns County
·St Augustine Beach
·Ponte Vedra Beach
September 2012 September 2011
Active Listings: 1,541 Active Listings: 1,746
Sold: 216 Sold: 191
Months Inventory: 7.13 Months Inventory: 9.14
Average Price: 572,402 Average Price: 548,781
Good to see that there are less homes on the market in September vs August, but the homes sold has dropped as well, which has pushed the months inventory to 7.13 months, instead of 5.63 months from last month. Fall tends to be when our real estate market slows down and we are seeing positive numbers over last year at this time.
St Johns County Florida Real Estate Market Report September 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!