Clay County Florida Real Estate Market June 2024
This real estate report for Clay County is for single family homes in Orange Park, Fleming Island, Green Cove Springs and Middleburg Florida.
The median sales price in Clay County was in the negative for June 2024. Just a hair shy of 5k less this month compared to June 2023. Even with the inventory levels rising we are still experiencing a seller’s market.
For the real time mortgage rates check out Mortgage Daily News to see the latest.
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Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 360,000 and the other half were less than 360,000.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.79 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.
