Clay County Fl Real Estate Market Update Aug 2023

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

Under 3 months inventory, which means that based on what has sold (281) it would take 2.48 months to sell the current inventory, that is if no more homes come out on the market. So, that still shows a seller’s market in Clay County Florida. The median sales price was a little less this August compared to August 2922, but only by a little over $1,200. For sellers, you can still sell at a great price, plus have more home options instead of being worried you won’t find another home. Buyers, this means you have more of a choice and less competition from other buyer, due to higher interest rates. Scroll down for the chart showing the rest of the stats beyond price, supply and demand.

Have questions? Don’t be shy or worried you’ll be harassed by a crazy real estate agent. I love answering questions and educating you on the local area, the home buying and selling process, without the pressure!!! Reach out by calling or text: 904-910-3516

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 365,000 and the other half were less than 365,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 2.48 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.