Clay County Florida Real Estate Market January 2024
Single family homes in Middleburg, Fleming Island, Green Cove Springs, and Orange Park Florida.
We see the median sales price fall in January 2024 compared to last year in the same month, by about 11k. Lower inventory levels still have us seeing a seller’s market which I understand is not what buyers want to read about.
Buyers don’t be scared to click the link below to see available homes in Clay County Florida.
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Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 364,990 and the other half were less than 364,990.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 4.42 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.