St Johns Fl Real Estate Market Report October 2022

This report includes single family homes in Ponte Vedra, Ponte Vedra Beach, St Johns, St Augustine, St Augustine Beach, Palm Valley, Vilano Beach, Nocatee Florida.

Real estate in St Johns County is a little different than Clay County and Duval County. Higher price points makes the stats not follow the same as their neighbor. The median sales price is still climbing at 18.7% over last year. Even with inventory levels rising, we are still seeing a seller’s market in St John’s County.

Each neighborhood is different, so home owner’s if you want to know what the values are at in your subdivision, check out the What’s my home worth button below.

Buyers if you’re curious on what homes are available in St John’s County, check out the link below:

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 516,000 and the other half were less than 516,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 3.03 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.