St Johns County Fl Real Estate Market Report March 2021

St Johns County Fl Real Estate Market Report March 2021

Includes single family homes in Ponte Vedra, Ponte Vedra Beach, St Johns, St Augustine, St Augustine Beach, Palm Valley, Vilano Beach, Nocatee Florida

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Median sales price in St Johns County is up by 17%! 29 more homes sold in March 2021 vs March 2020, but the inventory level is way down.

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:

What’s My St Johns County Home Worth?

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?

St Johns County Fl Real Estate Market Report March 2021

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 395,000 and the other half were less than 395,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 1.05 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.