St Johns County Florida Real Estate: Market Report December 2011

By
Real Estate Agent with All Real Estate Options

St Johns County Florida Market Report   Sock Buddy

Single Family homes (attached & detached)

December 2011

Single Family homes in: 

·St Johns County

·St Augustine

·St Augustine Beach

·Ponte Vedra 

·Ponte Vedra Beach

·Palm Valley

·Nocatee

·Vilano Beach



December 2011                         December 2010

Active Listings: 1,698                  Active Listings: 2161

Sold: 232                                     Sold: 225 

Months Inventory: 7.32                Months Inventory: 9.60

Average Price: 516,913               Average Price: 479,286

Don't worry, the sock buddy in the above picture is completely harmless! :) Not huge differences this month over November 2011, but we did see the average price rise, the amount sold go up, inventory levels went up just a tiny bit and the months inventory went down. Did you know a balanced market is one that has about 6 months of inventory? Take a look at the chart below, showing 300k and below, both price ranges are below that 6 month balanced market. Things are looking up, just in time for the new year!

December 2011

St Johns County Florida Market Report December 2011

And now for a Blast in the Past…………..

December 2010

St Johns County Florida Market Report December 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 St John's County Florida Home? Call me at 904-910-3516 and find out!


 

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Pam lists and sells homes in Jacksonville, Orange Park, Green Cove Springs, Fleming Island, Middleburg,Ponte Vedra, Atlantic Beach, Neptune Beach, Jacksonville Beach, Orangedale, Fruit Cove, Switzerland and St Johns County Florida.

Are you facing foreclosure? Call Pam at 904-910-3516 to discuss your options.

Pam Graham with All Real Estate Options handles Jacksonville Florida short sales, Orange Park Florida short sales, Fleming Island Florida Short sales, Middleburg Florida short sales, Green Cove Springs Florida short sales, St Johns County Florida short sales, Ponte Vedra Florida short sales, St Augustine short sales, Palm Valley short sales, Duval County Florida short sales and Clay County Florida short sales.

 

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Mortgage Assistance Relief Services Disclosure

ALL Real Estate Options is not associated with the government and our services have not been approved by the government or your Lender. If you stop paying your mortgage you could lose your home and damage your credit. Your Lender may not agree to the change of your loan and/or a Short Sale.With a Short Sale, there are no guarantees offered and we cannot provide legal advice. Seek legal advice.

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Pam Graham

Jacksonville, Clay & St Johns Counties
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