Homes for Sale > Real Estate Market > Florida Real Estate Market > Northwest St Johns County Real Estate Market

Winter 2012 Market Update
Due to the excellent school district, reasonable housing prices and well developed communities, sales continue to be relatively strong in this area. .

Average Home Price $225,000 - View Graph Trend
Average Price Compared to Last Year Down 5-10%
Average Time on Market 90-120 days
Best Selling Price Range$200,000 - $249,000
Worst Selling Price Range$500,000 - $549,000
Prices As % of Asking Price 95-100%
Existing Home Prices for the past 90 days are?No Change
Market Trend No Change
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Northwest St Johns County isNo Change
Seller Activity for the past 90 days in Northwest St Johns County is?No Change
Multiple Offers?No
Multiple Offers CommentaryThere is an excellent inventory of newer homes to choose from.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?35-40%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersNW St. Johns County homes qualify for a variety of financing options including conventional, FHA, VA and most will even qualify for USDA when funds for USDA loans are available.
Housing Inventory Good supply - Some Prices
Inventory CommentsWe are currently looking at about 6 months worth of inventory on the market. This is an extreme decrease from the 2 years of inventory that we have seen in the last couple of years. Home sales prices appear to have stabilized and we have a solid resource of buyers in the area.
Greatest Activity Repeat Buyers
Reason to Buy/Sell Job Growth
Nearest Metro AreaJacksonville/ St. Augustine
Housing Hot SpotsSt Johns Golf and Country Club, South Hampton and Cimmarrone.
Average Sold Price $225,000 - View Graph Trend
Northwest St Johns County Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

Click here for full article...
Contact Information

Vitel Realty Group
Vitel Realty Group
     904-534-8052
Request More Information  

Let me answer your questions!

First Name
Last Name
Email
Phone

Questions or Comments

 

   Let Me Answer Your Questions! Ask Me!
Blog Archives


Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.61%
  15 yr. jumbo rate:  3.97%

Home Values
 Street
 
 Zip Code
 



 
Search Homes Property Type
 Min Price
 Max Price
 Min Beds
 Min Baths
 
Vitel Realty Group
Request More Information  

Let me answer your questions!

First Name
Last Name
Email
Phone

Questions or Comments

 

Let Me Answer Your Questions! Ask Me!
Vitel Realty Group
Keller Williams Realty Atlantic Partners
Keller Williams Realty Atlantic Partners

  904-534-8052




Receive New Listings by Email Get Free Monthly Newsletter   |   Find Northwest St Johns County Homes for Sale   |   Search Northwest St Johns County Real Estate
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
Florida Homes for Sale  |   Florida Real Estate News |   Homes for Sale  |   Real Estate Market News  |   Hot Markets  |   Agents Join
“Your #1 resource for finding Homes for Sale, How Much My Home is Worth, Community Information and Real Estate Agents!”
© Copyright 1995-2012 HouseHunt Inc - All Rights Reserved