Clay County Fl Real Estate Market Update May 2025

When I write these posts for the market updates they are always for single family homes. Never condos, since condos are not the same beast as single family homes. They take longer to sell, they usually have more fees involved and no grass. People tend to want some grass. It would really mess the numbers up combining them.

I also limit to the areas of Green Cove Springs, Fleming Island, Middleburg and Orange Park.

I notice that Clay County inventory levels are similar to Jacksonville as to which type of market we are experiencing, but the negative median prices we see in the Jacksonville Florida real estate market, we are not seeing in Clay County so far.

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 368,990 and the other half were less than 368,990.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.98 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.