St Johns County Fl Real Estate Market Update February 2025

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

So when I was doing the chart, I had to take a double take on the median sales price in St. John’s because it went up 55 grand this February compared to last February. Now if I was using the average sales price, then I could see a huge difference, but since I use median, you don’t see this big of a swing. Could it be a fluke maybe Our inventory levels have risen so there’s more houses available now and it looks like we’re more of a balance market, maybe leaning towards about buyers market. 

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For your local news, there’s a change in traffic pattern on CR 210, between Greenbriar and Cimerrone Blvd and if you can avoid that area do so, because it’s a pain. If you’re wanting to turn left into Shearwater, you are out of luck my friend. They’re saying this is from March 14- March 23rd. I don’t know folks, it’s looking longer to me, but I’m not an expert on road construction.

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 550,000 and the other half were less than 550,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 6.19 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.