St Johns County Real Estate Report July 2023

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

Scroll down if you dare, to see that prices are up about 5% over last year the same time in St Johns County. More homes sold this month compared to last year, while seeing inventory levels up by about 200 homes. More homes to choose from! That’s a great thing. Still a seller’s market, but it’s trying to balance out and become a more normal market. If there’s such a thing.

Have questions? Don’t be shy or worried you’ll be harassed by a crazy real estate agent. I love answering questions and educating you on the local area, the home buying and selling process, without the pressure!!! Reach out by calling or text: 904-910-3516

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 590,250 and the other half were less than 590,250.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.04 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.