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Local Market Update – September 2021 A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

NE St. Johns County – Ponte Vedra Beach North

- 5.9%

- 5.3%

- 25.3%

Change in New Listings

Change in Closed Sales

Change in Median Sales Price

Region 25

September

New Listings Closed Sales

Year to Date

2020

2021

+/–

2020

2021

+/–

17

16

- 5.9%

269

242

- 10.0%

19

18

- 5.3%

214

230

+ 7.5%

$720,000

$537,500

- 25.3%

$602,500

$811,000

+ 34.6%

Percent of Original List Price Received*

95.8%

100.1%

+ 4.5%

95.0%

98.2%

+ 3.4%

Percent of Properties Sold Over List Price*

10.5%

55.6%

+ 429.5%

8.9%

29.6%

+ 232.6%

111

20

- 82.0%

83

46

- 44.6%

Median Sales Price*

Days on Market Until Sale Inventory of Homes for Sale

68

38

- 44.1%

--

--

--

Months Supply of Inventory

2.9

1.5

- 48.3%

--

--

--

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

September

2020

19

17

16

- 5.9% New Listings

Year to Date

2021

18

269

2020

242

230

214

+ 7.5% Closed Sales

- 10.0% New Listings

- 5.3% Closed Sales

2021

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLS

b

NE St. Johns County – Ponte Vedra Beach North

a

+ 120% + 100% + 80% + 60% + 40% + 20% 0% - 20% - 40% - 60% - 80% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

1-2021

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Current as of October 8, 2021. All data from Northeast Florida Multiple Listing Service. | Report © 2021 ShowingTime.