St Johns County Fl Real Estate Market Update March 2025

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St Johns County Fl Real Estate Market Update March 2025

St Johns County Fl Real Estate Market Update

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

The spectacularness of this report is underwhelming. Median sales price in St Johns County is up by .8% over last year. Seller’s market barely, more homes on the market and less homes sold in March 2025.

What are the rates doing you ask? Come check out the Mortgage Daily News for the latest mortgage rates.

Here is some cool news…..There will be an expansion at Aberdeen Park off Shetland and Longleaf Parkway to expand of disability friendly baseball field. You can find out more info at SJC and Field of Dreams Baseball League Celebrate Expansion of Disability-Friendly Baseball Field.

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St Johns County Fl Real Estate Market Update March 2025

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 548,950 and the other half were less than 548,950.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 4.63 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.

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