Clay County Florida Real Estate Market December 2024

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Clay County Florida Real Estate Market December 2024

Clay County Florida Real Estate Market

This Clay County Florida Real Estate Market update covers single family homes in Middleburg, Orange Park, Fleming Island and Clay County.

There is a big difference in the median sales price for Clay County this month compared to December 2023. About 300 more homes are on the market this year, so that means more to choose from. More competition for the sellers selling their homes. Just remember sellers that buyers looking in December are serious! They are not kicking tires, just to see pretty houses.

Want to check the rates for mortgages? I know the answer before I typed it. Mortgage News Daily is my go to for up to date rates, without the bias!

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Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 371,900 and the other half were less than 371,900.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 4.62 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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