Clay County Fl Real Estate Market Report May 2022
Includes single family homes in Orange Park, Fleming Island, Green Cove Springs and Middleburg Florida
The inventory level has come up, plus the number of sold homes in Clay County has come down compared to last year in May. Median sales price is still up. Remember, a seller’s market usually has less than 5 months worth of inventory, so even with it going up some, prices may slow, but not come down.
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 352,300 and the other half were less than 352,300.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 1.31 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?