Clay County Fl Real Estate Market Report November 2018
Includes single family homes in Orange Park, Fleming Island, Green Cove Springs and Middleburg Florida
Sold about the same amount of homes in Clay County in November 2018 as 2017, but the inventory levels have gone up. Market has softened, but the homes under 200k are still moving if in great shape. There's a new listing for 159k in Middleburg that is getting multiple showings within the first 24 hours on the market. It will be under contract soon.
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 Clay County, click the following link: Want to Search for Homes in Clay County Florida Florida?
Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 218,900 and the other half were less than 218,900.
Month's Inventory: Based on the number of actives and homes that have sold it would take 3.81 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.
Originally Posted at: Northeast Florida Life