Clay County Florida Real Estate Market September 2024
These reports are just for single family homes in Green Cove Springs, Fleming Island, Orange Park and Middleburg.
September proved to be a more balanced market, which can be good for buyer and sellers. Less homes sold, but more homes available. The median sales price was short this month by almost 2k exactly. Will we see this movong forward? Maybe, since it is going into the end of the year and having the holidays right around the corner.
Thinking about buying curious about the rates? Check out Mortgage Daily News for the latest in real time.
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Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 357,900 and the other half were less than 357,900.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 5.05 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.
