Clay County Fl Real Estate Market Report August 2020
Includes single family homes in Orange Park, Fleming Island, Green Cove Springs and Middleburg Florida
Month 2 of being under 2 months of inventory!!! It’s hard to believe that just this spring, we saw less homes sell, but now the market is heating up. Very little inventory for buyers, so it’s creating a slight frenzy for the well priced homes. The low inventory levels I believe, are from nervous sellers, concerned about having people in their homes with the covid situation. I totally understand. I wrote a blog post about Protecting Yourself While Selling in a Covid World. It talks about what steps we will take to minimize the exposure. Go check out the link!
You might be wondering how these stats apply to your home, each neighborhood is different, so if you’re thinking of selling and want to know more click:
If you’re a buyer and want to see what homes are available in Clay County, click the following link: Want to Search for Homes in Clay County Florida Florida?
Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 235,500 and the other half were less than 235,500.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 1.81 months to sell the active homes, if no other homes came on the market. How to determine what type of market we are experiencing:
Buyers’ Market: More than 7 months of Inventory
Balanced Market: From 5-7 months of Inventory
Sellers’ Market: Less than 5 months of inventory
Average Days on the Market: This is the average based on the time the house came on the market until is went under contract.
Original List Price to Sales Price: This is the percentage of what the home sold for compared to what it was originally listed for. Not what it was listed for at the time it went under contract.
What’s my Clay County Florida Home Worth?
Homes for sale in Clay County Florida:
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