Clay County Fl Real Estate Market Report December 2021
Includes single family homes in Orange Park, Fleming Island, Green Cove Springs and Middleburg Florida
Lower inventory. That’s how it ends for 2021 in Clay County. That’s how it started as well. The market is not showing signs of crashing. Rents are increasing as fast as home prices, so in many cases a mortgage payment is less than rent. Rumors of rates going up on 2022, but even then, mortgage payments may still be lower than rent. 2022 will be an interesting year.
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 315,050 and the other half were less than 315,050.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 1.02 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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