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St Johns County Fl Real Estate Market Report August 2020

By Pam Graham

Real Estate Agent with All Real Estate Options

September 23, 2020 12:25 PM

St Johns County Fl Real Estate Market Report August 2020

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

One of the few Putt Putt Golf courses still around. This one is on the beach at St Augustine Beach

The difference in inventory in August 2020 vs last year in August is huge! About 700 homes! That's got us in a strong seller's market for sure. If you're thinking of selling, but you're a little nervous about the current virus situation, check out my blog post about how we can help protect you while selling your home.

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:

What's My St Johns County Home Worth?

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?

This chart shows what is happening in the real estate world for St Johns County Fl Real Estate Market Report August 2020

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 2.41 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.

What's my St Johns County Florida Home Worth?