St Johns County Fl Real Estate Market Report August 2019
Includes single family homes in Ponte Vedra, Ponte Vedra Beach, St Johns, St Augustine, St Augustine Beach, Palm Valley, Vilano Beach, Nocatee Florida
Summer time almost coming to an end. At least the season, not the temps! The real estate market in St Johns County is hot!! Kinda corny right? I agree. 🙂 We are still experiencing a seller’s market, with low inventory levels still. Looks to be the trend.
You might be wondering how these stats apply to your home, each neighborhood is different, so if you’re thinking of selling and want to know more click:
If you’re a buyer and want to see what homes are available in St Johns County, click the following link: Want to Search for Homes in St Johns County Florida Florida?
Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 341,000 and the other half were less than 341,000.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.73 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.
What’s my St Johns County Florida Home Worth?
Homes for sale in Northeast Florida: