St Johns County Florida Market Report
Single Family homes (attached & detached)
Single Family homes in:
St Johns County ·St Augustine ·St Augustine Beach ·Ponte Vedra ·Ponte Vedra Beach ·Palm Valley ·Nocatee· Vilano Beach
Active Listings: 1,452 Active Listings: 1338
Sold: 241 Sold: 230
Months Inventory: 6.02 Months Inventory: 5.82
Average Price: 520,175 Average Price: 470,413
Just to give you heads up, I'll be posting this report towards the middle to end if each month now. If you have the burning desire to know why, I explain it over at the Jacksonville real estate market report for February. :)
We are seeing the inventory levels increase in the Northeast Florida market, St Johns County not any different. The difference tho, is that St Johns County is also seeing an increase of the number of homes sold. We are seeing more of a balanced market right now, and will be interesting to see if that continues into our busy real estate season this spring.
The median sales price in St Johns County for February 2013 was $241,500 and in February 2014 it is $278,000. That's a difference of 15.1%. Jacksonville actually saw a negative and Clay County only saw an $800 difference.
St Johns County Florida Real Estate Market Report February 2014
And now for a Blast in the Past…………..
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 see what the real estate market looks like in your neighborhood?
FREE Home Value Report complete with current sales in the neighborhood and current homes available for sale.
If you want to search for homes in St Johns County, check out this link:Search for homes for sale in St Johns County Florida
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!
Originally Posted at: Northeast Florida Life