Clay County Florida Market Report   

June 2012

Single Family homes in: 

· Fleming Island

· Orange Park

· Middleburg

· Green Cove Springs

 

June 2012              June 2011

Active Listings: 1,158          Active Listings: 1,402

Sold: 228                         Sold: 200

Months Inventory: 5.07       Months Inventory: 7.01

Average Price: 285,697       Average Price: 341,092

The Clay County Real Estate Market looks like we only have prices 650k and below for the month of June. The months inventory for June is 5.07 and the fact that there were no homes sold above the 650k range did factor into a lower months inventory, I believe we would have seen a 6 month inventory level. At 6 months we’re experiencing a balanced market, above 6 months, a buyers market and when we cruise below the 6 months and get closer to 5 months, that is a seller’s market. Buyers, that means if you were waiting for the bottom to buy a home, you need to be jumping off the fence now!

Clay County Florida Market Report June 2012

And now for a Blast in the Past…………..

Clay County Florida Market Report June 2011

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 Clay County Florida Home? Call me at 904-910-3516 and find out!