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Clay County Fl Real Estate Market Report January 2023

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Clay County Fl Real Estate Market Report January 2023

This report covers single family homes in Orange Park, Fleming Island, Green Cove Springs and Middleburg.

Median sales price is still in a positive when we compare it to last year, but take a look at the Month’s Inventory level below on the chart. 6.25, which means that it would take 6 months and a quarter to sell the current inventory off, based on the sold homes. If you look under the chart I explain what that means in terms of determining what type of market we are experiencing. At 6 months, we are in a more balanced market, but leaning towards a buyer’s market. That will affect prices if that trend continues. Increased days on the market and list price to sales price are pointing to a shift.

Buyers this is good news for you. Or at least better news I should say. We are still seeing multiple offers in Clay County, just not as many or at the same rate as Jacksonville. The current mortgage interest rate as of today, February 21 2023 is 6.87 for conventional loans. FHA and VA are a little lower.

Search For Homes in Clay County Florida

Search For Homes in Clay County Florida

Sellers, so at the news of still multiple offers in the market, you must be competitive. With condition and with your price. I can help guide you to determine what’s best for you and your situation. Let’s start with seeing what your home is valued at 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?

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 332,942 and the other half were less than 332,942.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 6.25 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 Update January 2023

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Jacksonville Fl Real Estate Market Update January 2023

You may remember that in the December 2022 report, the median sales price in Jacksonville was a negative 1%. In January it came back up, and we saw an increase of 3.9% over last January. If you scroll below to look at the chart, you’ll see the days on the market of almost doubled from last year.

Buyers I know you’ve had a rough going the past couple years. Crazy terms and having to offer thousands of dollars over list price just to get your offer noticed. Now, that part is not like it was, but rates are higher. Mortgage rates are sitting around 6.67% as of February 14 2023. The good news, is you have more hoes to choose from. If you click on the blue button, you can see the homes for sale in Jacksonville.

Search for Homes in Jacksonville

Search For Homes In Jacksonville

Sellers, you may wonder if you have missed the boat and it’s a horrible time to sell. It depends on a few factors. Condition of your home needs to be great. Check out your competition, and aim to be better. Pricing is no longer just about sold homes from the past few months. Now you need to look at what’s on the market, what’s went under contract. If you try to price your home the same as you would have last year, you are going to miss the boat! If you’re thinking about selling and want to know what you could sell for in today’s market, click the red button 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?
Jacksonville Florida real estate market report for January 2023

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.

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 334,990 and the other half were less than 334,990.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.50 months to sell the active homes, if no other homes came on the market. How to determine what type of market we are experiencing:

St John’s County Florida Real Estate Market Report December 2022

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St John’s County Florida Real Estate Market Report December 2022

Single family homes in St Johns, St Augustine, Ponte Vedra Beach, Hastings and Nocatee

December saw an increase of the median sales price by 5.4% over December 2021. Almost double the amount of homes available, but even with an increase supply of homes, we are still in a seller’s market. We got so use to a hotter seller’s market that many are talking about a “bad” market. We are definitely in a shift.

Buyers this means you have more homes to choose from. Less bidding wars, which means you don’t have to go above list price by thousands of dollars. Yes, the interest rate is higher and that does have its negatives, so you have to weigh your situation out carefully.

Search For Homes in St Johns County Florida

Search For St Johns County Homes

Sellers you are still in a good position to sell, and if your goal is to buy, there are more homes for you to choose from. Make sure you do your repairs and price your house competitively. Have it looking show room ready. If you’re interested in finding out what your home is worth in today’s market click the red button 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?
St Johns County Florida real estate market for December 2022

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 489,000 and the other half were less than 489,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.58 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.

The Real Estate Market Report for Clay County Fl December 2022

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The Real Estate Market Report for Clay County Fl December 2022

Clay County is still seeing a seller’s market, even though it’s not quite as strong as it was a year ago. 600 more home were available in December 2022, than 2021, which has to make buyer’s happy to finally see more choices, even if the rates are a little higher. Days on the market have doubled over last year, but that’s an average with all price ranges, so the more popular price ranges where houses are in the sweet spot and in good shape, are seeing less time on the market than 60 days.

Buyers are you curious of what homes are going for in this current market? Search for homes in Clay County Florida, which includes Green Cove Springs, Middleburg, Fleming Island and Orange Park.

Search For Homes in Clay County Florida

Search For Homes in Clay County Florida

Sellers I know you may be feeling a little disappointed that houses aren’t selling as fast or as high as they were a year ago, but the good thing is you have more options to buy now too. Curious as to what your house can sell for, click the red button 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?
Clay County Real Estate Market December 2022

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 325,495 and the other half were less than 325,495.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 4.09 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 December 2022

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Jacksonville FL Real Estate Market December 2022

Hold up!!! Look at the chart, or just read here. Last month in Jax, we saw a negative median sales price of about 4k! 1.4% negative. I know what you’re thinking……the crash is here! January will be worse!!!! I did take a look at the median sale price in January a few days ago to see how things were shaping up. Buyers, or potential buyers, I hate to bust your bubble, but so far we are up about 7.5% over last year. We still have a couple weeks to go, so that will change.

Let’s talk about the month’s Inventory level. Good ole’ supply and demand. The 3.39 number represents how many months it would take to sell the 2,858 homes at a rate of 842 homes sold. That’s still a seller’s market. Not as crazy as December 2021 market, but still a seller’s market. Days on the market are higher and the list price to sales price is showing that sellers are not getting full price or close to full price as they were.

What does this mean for buyers? More homes to choose from! Better contract terms. Not having to pay over list price for the majority of homes.

Search for Homes in Jacksonville

Search For Homes In Jacksonville

What does this mean for sellers? It’s still a great market to sell in. You will have to make sure you price your house correctly and make your house look good inside, and out. You can sell, and the fear of not having a house to buy is way less than what it was last year at this time.

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 284,995 and the other half were less than 288,990.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.39 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 Real Estate Market November 2022

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St Johns County Real Estate Market November 2022

Happiness is a small house, with a big kitchen. Alfred Hitchcock

Includes single family homes in Ponte Vedra, Ponte Vedra Beach, St Johns, St Augustine, St Augustine Beach, Palm Valley, Vilano Beach, Nocatee Florida

Check out the chart below to see that we are still in a seller’s market. Maybe not as crazy as we were just this past summer, but we are still seeing homes selling. Prices are still up over last year. We need to watch inflation numbers, so we can see how they affect mortgage rates for the coming year.

Search For Homes in St Johns County Florida

Search For St Johns County Homes

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 465,000 and the other half were less than 465,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.74 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 November 2022

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Clay County Real Estate Market Report November 2022

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

It's not houses I love, it's the life I live in them. Coco Chanel

We are so close to being in a balanced market I can taste it! It will be interesting to see if we can end the year with a weak seller’s market, when we started out as a crazy strong seller’s market. Still seeing prices higher this year over last year, so buyers don’t jump for joy too soon. Prices probably won’t back slide much, but you should have more homes to choose from and not have to give an arm and leg to get into a house.

Sellers you won’t be able to throw any price you want against the wall and it will stick, but you could be in a better position to sell, then buy a house. That would be a nice change!

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?

Search For Homes in Clay County Florida

Search For Homes in Clay County Florida

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 334,995 and the other half were less than 334,995.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 4.67 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.

New Homes Granary Park @Lake Asbury

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New Homes Granary Park @Lake Asbury

Brand new neighborhood in the Lake Asbury Area of Green Cove Springs Florida. Phase 1 has begun, so it has a ways to go to be build out. Great location on Sandridge, between Henley and 209. You have multiple ways to head north. You can take 209 to Highway 17, you can get to NAS Jax in about 30 minutes.

Homes For Sale in Granary Park

Homes Sold in Granary Park

What is Granary Park Like?

There will be around 770 houses in Granary Park, once it is completely built. That’s alot of homes. Sizes range from 1,700 square feet up to 3,000 square feet, so there is many choices for different sized households.

The amenity center hasn’t started construction, but when it does it will be amazing! You’ll have a pool, fitness center, playground, recreation field, which is perfect for kicking the soccer ball around or tossing a football. Even your Fido will have their own park. Woof!

Granary Park Homeowners association-Right now it’s around $100 a year.

Granary Park CDD (Sandridge CDD)– $1,500 a year for now

Clay County School District

Lake Asbury Elementary– 2901 Sandridge Road Green Cove Springs, Florida, 32043 (904) 336-1525

Lake Asbury Jr High– 2851 Sandridge Road Green Cove Springs, FL 32043 (904) 336-5375

Clay High School– 2025 Hwy 16 W Green Cove Springs, FL, 32043 (904) 336-7175

Did you know you can have your very own agent represent you when you purchase new construction? Most builders have the buyer’s agent commission worked into every home as a marketing fee. Here’s a few things I do when I represent you:

Neighborhood Tour-Phase 1:

Things To Do

Boat Ramps in Clay County

Playgrounds in Clay County

Bike Trails in Clay County

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Map of Granary Park

Jacksonville Florida Real Estate Update for November 2022

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Jacksonville Florida Real Estate Update for November 2022

This report covers single family homes in Jacksonville for the month of November. As you see from the chart below, the median sales price change was only 1.8% more this year, compared to November 2021. The beginning of the year we were seeing increases around 20%! That’s a big change, but now the question will be……. will this trend continue to come down to where we see the median sales price in the negative over last year? I still say a correction, not a crash, but I will continue to study the numbers. Check right under the chart for the explanations of the stats.

Sellers, you may think you missed the boat, and yes, you did a little bit. 🙂 However!!! If you were worried about not finding a house once yours was sold, that is not a huge problem anymore. Check out the button below to request a market analysis on your home.

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 now it’s your turn. I know rates have went up, but there are more homes on the market to choose from. Looking at the chart below, we had 1,000 more November 2022, versus November 2021. Want to see what homes are going for in today’s market? Click on the button below.

Search for Homes in Jacksonville

Search For Homes In Jacksonville
The stats showing the real estate market in Jacksonville Florida for November 2022.

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 285,000 and the other half were less than 285,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 4.13 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 Fl Real Estate Market Report October 2022

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St Johns Fl Real Estate Market Report October 2022

This report includes single family homes in Ponte Vedra, Ponte Vedra Beach, St Johns, St Augustine, St Augustine Beach, Palm Valley, Vilano Beach, Nocatee Florida.

St Johns County Fl RE Market Update

Real estate in St Johns County is a little different than Clay County and Duval County. Higher price points makes the stats not follow the same as their neighbor. The median sales price is still climbing at 18.7% over last year. Even with inventory levels rising, we are still seeing a seller’s market in St John’s County.

Each neighborhood is different, so home owner’s if you want to know what the values are at in your subdivision, check out the What’s my home worth button 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 if you’re curious on what homes are available in St John’s County, check out the link below:

Search For Homes in St Johns County Florida

Search For St Johns County Homes

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 516,000 and the other half were less than 516,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.03 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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