This report is for single family homes in St Johns County, which includes St Johns, parts of St Augustine, Ponte Vedra, Pontra Vedra Beach, Nocatee, Julington Creek, Orangedale, Fruit Cove and Switzerland.
The median sales price has come down to being less in April 2023, compared to April 2022. Yet, we are still in a seller’s market. How is that? We were in such a strong market a year ago, 2 years ago that even tho we are seeing our inventory creep up, it’s not causing a crash.
Sellers, I bet you’re wondering what your home could sell for in this market. Go check out the link below, to get a report from a real live person.
What’s My Home Worth?
Thinking of selling your home? Click below to complete a form, then receive a market analysis within 24 hours.
Buyers, would like to search from homes that are currently on the market? Click the link below.
Search For Homes in St Johns County Florida
Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 495,000 and the other half were less than 495,000.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.08 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.
