July 2025 in St Johns County Fl: Real Estate Market Trends and Analysis

Includes single family homes in St Johns, St Augustine, Nocatee, Ponta Vedra, Fruit Cove, Orangedale, Switzerland and Julington Creek.

If you scroll below and look at the months inventory level, you will see it’s around 5.12 months. That is a balanced market. Which doesn’t favor buyers or sellers, favors them both. This a more “normal” type of market. I’m going to show you what July 2021 looked like. 1.16 months inventory and 612 homes sold. That’s just crazy. Just don’t look at the median sales price. That will make your stomach sour seeing how much it has went up.

This is why the market now in 2025 feels like it is bad and this is why we don’t want to see rates drop into the 2s and 3s again. 2020 through mid 2022 caused the rates to drop due to covid. The demand went through the roof.

July 2021:

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 594,570 and the other half were less than 594,570.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 5.12 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.