Clay County Florida Real Estate: Market Report December 2011

Clay County Florida Market Report

December 2011

Single Family homes in:

· Fleming Island

· Orange Park

· Middleburg

· Green Cove Springs

December 2011 December 2010

Active Listings: 1,212 Active Listings: 1,632

Sold: 171 Sold: 229

Months Inventory: 7.09 Months Inventory: 7.13

Average Price: 300,930 Average Price: 408,260

December is typically the month to try to get all the closings in as possible to end the year good, get the properties off of the banks books and for buyers to close in time to meet the Homestead exemption deadline. Although December 2010 had a higher inventory level, more homes sold that month compared to December 2011. December still outperforms November 2011 slightly in the inventory level and sold homes, but not in the average price category. Stay tuned for the complete Clay County Market Report for the year 2011 and 2010 to hit a blog near you. Yep, you got it, this blog! :)

December 2011

And now for a Blast in the Past…………..

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 Clay County Florida Home? Call me at 904-910-3516 and find out!