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