Clay County Florida Market Report
February 2011
Single Family homes in:
· Fleming Island
· Orange Park
· Middleburg
· Green Cove Springs
I like to do the breakdown of different price points, instead of doing the total for all homes in that area. Take a look at the February 2011 SP/OLP for the price range of 800k and up. 57.38 is very low and would not show the true picture of what is going on in the 0-300k price range. Now at the same respect, 57.38 is not the norm in the 800k and up price range either, but is just being used as an example. As you can see the months inventory in Clay County Florida, has decreased in 2011 versus 2010 in all the price ranges. That’s good news, but prices are still going down.
And now for a Blast in the Past…………..
February 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 Clay County Florida Home? Call me at 904-910-3516 and find out!