St Johns County Florida Real Estate: Market Report March 2011

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St Johns County Florida Market Report Castillo de San Marcos in St Augustine Florida

 Single Family homes (attached & detached)

March 2011

Single Family homes in: 

·St Johns County

·St Augustine

·St Augustine Beach

·Ponte Vedra

·Ponte Vedra Beach

·Palm Valley

·Nocatee

·Vilano Beach

 

 

 

March 2011                          March 2010

Active Listings: 2,130            Active Listings: 2,257

Sold: 230                              Sold: 201

Months Inventory: 9.26         Months Inventory: 11.23

March typically is the start of our busy real estate months, and it’s great to see that March 2011 hasn’t let us down! Not only do we see an improvement over last year, but we see our months inventory down by almost 3 months from Febraury 2011! We also see an increase in the average price sold in almost all price ranges but two. Foreclosures and shorts sales in St Johns County Florida made up 37.39% of the total homes sold in March 2011.

March 2011

St Johns County Florida Market Report March 2011

And now for a Blast in the Past…………..

March 2010

St Johns County Florida Market Report March 2010

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 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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