St Johns County Florida Real Estate: Market Report February 2013

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St Johns County Florida Market Report

Single Family homes (attached & detached)

February 2013

Single Family homes in:

 

St Johns County ·St Augustine ·St Augustine Beach ·Ponte Vedra ·Ponte Vedra Beach ·Palm Valley ·Nocatee· Vilano Beach

 

February 2013                       February 2012

Active Listings: 1,338                 Active Listings: 1,663

Sold: 230                                  Sold: 173

Months Inventory: 5.82            Months Inventory: 9.61

Average Price: 470,413             Average Price: 512,483

Not much change this month in months inventory vs last month in January. Average price was less this month than last month, mainly due to lower average sales price in the price range of  500k and up. I know it can be disheartening to see more homes sold in February 2013 than in February 2012, but see the average price being less. The positive to this, is as long as the inventory continues to decrease, the prices will start to make a climb up.

St Johns County Florida Real Estate Market Report February 2013

St Johns County Florida Market Report February 2013
And now for a Blast in the Past…………..

St Johns County Florida Real Estate Market Report February 2012

St Johns County Florida Market Report February 2012

 Active Listings– The amount of active listings in the month reported

Sold– The amount of sold listings that closed in the reported month.

Months Inventory– How many months it would take to sell the current inventory based on the sold amount.

Avg Sale Price– Average sale price of the sold houses in the reported month.

SP/OLP Ratio– Sales price to Original List Price, this is the percentage showing the difference of what the house was originally listed for and what it sold for.

Days on the Market– The length of time it took the house to get under contract from list date.

Sold REO– How many homes sold that were foreclosures (REO=Real Estate Owned).

Sold Short Sales– How many homes sold, that were short sales

 

Want to see what the real estate market looks like in your neighborhood?

FREE Home Value Report  complete with current sales in the neighborhood and current homes available for sale.

If you want to search for homes in St Johns County, check out this link:Search for homes for sale in St Johns County Florida

Want to know what these numbers mean to you when selling your St John’s County Florida Home? Call me at 904-910-3516 and find out!

 

 

 

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