St Johns County Fl Real Estate Market Update March 2025

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

The trend seems to be a small reduction in the median sales price in St Johns County Florida for April 2025, compared to April 2024. Houses are sitting a little longer on the market and sellers are having to come down more on their list price. Looking at a balanced market, but for some it could feel like a bad market.

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Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 565,000 and the other half were less than 565,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 4.97 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.