St Johns County Florida Real Estate: Market Report November 2011

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St Johns County Florida Market Report Trout Creek in St Augustine Florida

Single Family homes (attached & detached)

November 2011

 

Single Family homes in: 

·St Johns County

·St Augustine

·St Augustine Beach

·Ponte Vedra 

·Ponte Vedra Beach

·Palm Valley

·Nocatee

·Vilano Beach

 

 

November 2011                          November 2010

Active Listings: 1,688                  Active Listings: 2,188

Sold: 190                                     Sold: 183

Months Inventory: 8.88                Months Inventory: 11.96

Average Price: 479,052               Average Price: 596,166

It seems that November flew by! Only one more market report for 2010 left to do. Little less inventory this month than in October 2011, but we saw 17 more houses sold last month than in November. We are still seeing improvements over last year overall, except if you compare the average prices above. I know it’s a little over 100k difference, but that difference comes from the price range 800k and above. All the other prices ranges, we see the average was higher in November 2011 than 2010, so again it doesn’t reflect what is going on in every price range.

November 2011

St Johns County Florida Market Report November 2011

And now for a Blast in the Past…………..

November 2010

St Johns County Florida Market Report November 2010

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!

 

 

 

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