St Johns County Fl Real Estate Market Report October 2020

Includes single family homes in Ponte Vedra, Ponte Vedra Beach, St Johns, St Augustine, St Augustine Beach, Palm Valley, Vilano Beach, Nocatee Florida

St Johns County has joined the under 2 months inventory club. Which means if no other homes came out on the market, it would take a little less than 2 months to sell the current inventory. Also know as a strong seller’s market.

You might be wondering how these stats apply to your home, each neighborhood is different, so if you’re thinking of selling and want to know more click:

If you’re a buyer and want to see what homes are available in St Johns County, click the following link: Want to Search for Homes in St Johns County Florida Florida?

Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 360,000 and the other half were less than 360,000.

Month’s Inventory: Based on the number of actives and homes that have sold it would take 1.83 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.

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Homes for sale in Northeast Florida:

Homes For Sale in St Johns County:

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