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Clay County Florida Real Estate for April 2023

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Clay County Florida Real Estate for April 2023

This report covers single family homes in Middleburg, Green Cove Springs, Fleming Island, Orange Park and Keystone Heights. It does not cover condos, that is an entirely different beast.

What did we see for April? We saw an almost 9% decrease in the media sales price over the same time in April 2022. Just a correction folks, not a crash! Over 300 more homes available for sale in Clay County, which means more to choose from. Less homes have sold, but we are still in a seller’s market. You won’t hear this in the news.

Sellers you probably think you have missed the boat, but really, you have, but not completely! 🙂 There is still equity to be had, with the reassurance that there will be more homes to choose from. So, if you would like to find out what you could sell your home in today’s market, click the link below.

What’s My Home Worth?

Thinking of selling your home? Click below to complete a form, then receive a market analysis within 24 hours.

What’s My Home Worth?

Buyers would you like to see what homes are available right now in today’s market? Click on the link below.

Search For Homes in Clay County Florida

Search For Homes in Clay County Florida
Clay County Real Estate Market Report for April 2023

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 312,000 and the other half were less than 312,900.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 2.55 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.

Clay County Florida Real Estate for March 2023

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It’s worth jumping into pointing out how we are seeing the median sales price in the negative for the 2nd month in a row. Check out the chart below. I think this could be a trend for the few months, but still not going to call it a crash yet. Definitely a correction, and seeing the effects of high inflation and high mortgage rates. Still seeing a seller’s market even with prices coming down, but that’s due to the fact that the inventory at one point was so darn low!

Sellers, I know you’re wondering of this is a bad time to sell, but really it depends on YOUR goals. Click below if you would like to find out what your home could sell for in today’s market.

What’s My Home Worth?

Thinking of selling your home? Click below to complete a form, then receive a market analysis within 24 hours.

What’s My Home Worth?

Buyers this could be great news for you, if you can overcome the higher rates. Click below to see what homes are going for in our current market.

Search For Homes in Clay County Florida

Search For Homes in Clay County Florida
Real Estate market report for Clay County Florida March 2023

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 320,000 and the other half were less than 320,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 2.26 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.

Check out previous Clay County Market Reports to see the changes.

Is the Jacksonville Fl Real Estate Market Crashing?

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Is the Jacksonville Fl Real Estate Market Crashing?

NOPE. Next question…..I’m just kidding! I’m not going to move on that fast. 🙂 No we are not seeing a crash, but we are seeing a correction, and prices are not going up as much. Check out the chart below. The median sales price for Jacksonville is up only by 1% over March of 2022. That’s definitely much different than spring of 2022. Month’s Inventory is 2.18 for March 2023. That’s still a seller’s market. If you look below the chart, I explain how the different markets change based on how many months it would take to sell the current inventory.

Sellers would you like to know what your home could sell for in today’s market? Click on the link below to let me know a little bit about your home, and I will get back to you in 24 hours.

What’s My Home Worth?

Thinking of selling your home? Click below to complete a form, then receive a market analysis within 24 hours.

What’s My Home Worth?

If you’re think about buying a home and want to see what homes on the market are selling for checkout:

Search for Homes in Jacksonville

Search For Homes In Jacksonville
Jacksonville Florida Real Estate Market Report for March 2023

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 295,000 and the other half were less than 295,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 2.18 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.

St. Johns County Florida Real Estate for March 2023

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The median sales price in St Johns County is negative over last year, but we are still in a seller’s market. I know many are hoping for a crash, but it’s not showing those signs. Will it change? Maybe, but none of us have a crystal ball. I do know if the rates go back down to 5 or under, we will see the demand increase again, which will mean prices could potentiality go up again.

So buyers what should you do? Reevaluate your goals. Rates are higher, but you have more choices of houses and builders are offering incentives. Maybe new builds are the way to go. Want to see what homes are available on the market? Check it how below:

Search For Homes in St Johns County Florida

Search For St Johns County Homes

Sellers I didn’t leave you out. Homes are still selling, but you need to be priced competitive and have a home show ready, without a bunch of repairs needed. Would you like to see what your home could sell for in today’s market?

What’s My Home Worth?

Thinking of selling your home? Click below to complete a form, then receive a market analysis within 24 hours.

What’s My Home Worth?
The real estate report for St Johns County March 2023

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 499,500 and the other half were less than 499,500.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 2.87 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.

Coventry Neighborhood in Jacksonville Florida

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Coventry Neighborhood in Jacksonville Florida

Neighborhood Information

Coventry is a neighborhood located in the Mandarin area of Jacksonville. There are 92 homes, with the first house being built in 1986 and the last one was built in 1995. The houses are 3-4 bedrooms, with sizes starting around 1,931 square feet and goes up to 3,412 square feet. There is a Homeowner’s association, which is around $200 a year. Check out their website, Coventry’s Homeowners Association. The HOA takes care of maintaining the common areas. There are no amenities, but it is a beautiful neighborhood to come home to.

Located off of Mandarin Road, you are super close to San Jose Blvd, also known as SR 13. Just north of the Julington Creek Bridge, so St Johns County is very close. If you’re military, NAS Jax is about 12 miles, which could take 20-35 mins depending on traffic. Downtown is about 16 miles away. Fun at the beach at Ponte Vedra Beach is about 27 miles. Mickler’s Landing is about 21 miles. Historic St Augustine is about 31 miles away.

Duval County School Information

The school system is Duval County Public Schools. You can find out which schools you’re zoned for at My School Location. The schools currently zoned for Coventry neighborhood are the following:

Neighborhood Pics

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Homes For Sale in Coventry Jacksonville Florida

Homes For Sale in Jacksonville Florida

Coventry Neighborhood Tour

St Johns County Fl Real Estate Market Update February 2023

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St Johns County Fl Real Estate Market Update February 2023

Single family homes in St Johns, Ponte Vedra, Ponte Vedra Beach, Nocatee, St Augustine, Orangedale, Switzerland, and Julington Creek.

The median sales price in St Johns County saw a decrease this February, compared to February 2022. However, we are still in a seller’s market, with a slight lean towards a more balanced real estate market. The inventory levels have more than doubled from last year, so we are no longer seeing that crazy market with tons of offers and prices that are off the charts.

Buyers don’t be shy, come check out homes for sale where you have more choices to choose from and without crazy terms.

Search For Homes in St Johns County Florida

Search For St Johns County Homes

Sellers I know you think you missed the boat, but now, you can sell your home and not worry that you won’t find one to buy. Would you like to see what your home is worth in today’s market? Check out the link below.

What’s My Home Worth?

Thinking of selling your home? Click below to complete a form, then receive a market analysis within 24 hours.

What’s My Home Worth?

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 445,000 and the other half were less than 445,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.93 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.

Clay County Real Estate Market Report February 2023

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Clay County Real Estate Market Report February 2023

Single family homes in Orange Park, Fleming Island, Green Cove Springs and Middleburg

We see a negative median sale price in Clay County for February 2023, which means the median sales price was higher in February 2022. Days on the market have more than doubled and the original list price to sales price dropped a bunch. I don’t think that will continue to be the trend, we will probably see it pop back up into the 90s for March. Inventory levels are up, while sales are down. It will be interesting to see what March brings us.

Search For Homes in Clay County Florida

Search For Homes in Clay County Florida

What’s My Home Worth?

Thinking of selling your home? Click below to complete a form, then receive a market analysis within 24 hours.

What’s My Home Worth?
Clay County Florida real estate report for February 2023

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 315,500 and the other half were less than 315,500.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 4.40 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.

Jacksonville Fl Real Estate Market Report February 2023

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Jacksonville Fl Real Estate Market Report February 2023

This report covers single family homes in Jacksonville Florida.

Scroll down to check out the chart for all the numbers, but to sum it up here we saw the inventory levels drop just a bit from January 2023. The median sales price is up over last year by 3.4%. 301 less homes sold in Jacksonville this year in February when compared to last year. That’s 301 less buyers in the market. Overall, the real estate market in Jacksonville is seeing closer to a more balanced market. Things can change depending on how interest rates are doing, along with inflation. Don’t expect interest rates to come down.

Search for Homes in Jacksonville

Search For Homes In Jacksonville

What’s My Home Worth?

Thinking of selling your home? Click below to complete a form, then receive a market analysis within 24 hours.

What’s My Home Worth?
Jacksonville Florida real estate market report for February 2023

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 290,000 and the other half were less than 290,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.36 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.

St Johns County Fl Real Estate Market Update January 2023

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St Johns County Fl Real Estate Market Update January 2023

This real estate market report is for single family homes in St Augustine, Ponte Vedra, Nocatee, St Johns, Ponte Vedr Beach and Hastings.

We experienced a negative price change in January 2023 compared to January 2022. The chart also shows that we are seeing inventory levels rise at a level of shifting to a more balanced market. Still a seller’s market, but just by a hair.

Does this mean that buyers will have it much better now? Yes and no. Interest rates are still inching up, probably will continue to increase, so if you’re waiting to see if they drop, that might not be a great idea.

Search For Homes in St Johns County Florida

Search For St Johns County Homes

Sellers this doesn’t mean you’re not going to get a good price for your home, you still can, but not at the same fever as a year ago.

What’s My Home Worth?

Thinking of selling your home? Click below to complete a form, then receive a market analysis within 24 hours.

What’s My Home Worth?

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 445,990 and the other half were less than 445,990.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 4.84 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.

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