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

St. Johns County NW

+ 10.6%

- 26.4%

+ 28.4%

Change in New Listings

Change in Closed Sales

Change in Median Sales Price

Region 30

September

New Listings Closed Sales

Year to Date

2020

2021

+/–

2020

2021

+/–

310

343

+ 10.6%

3,379

3,215

- 4.9%

367

270

- 26.4%

2,859

2,921

+ 2.2%

$340,000

$436,618

+ 28.4%

$341,990

$400,000

+ 17.0%

Percent of Original List Price Received*

98.4%

100.9%

+ 2.5%

97.6%

101.4%

+ 3.9%

Percent of Properties Sold Over List Price*

15.8%

45.4%

+ 187.3%

12.7%

42.2%

+ 232.3%

Days on Market Until Sale

57

26

- 54.4%

74

37

- 50.0%

Inventory of Homes for Sale

637

396

- 37.8%

--

--

--

Months Supply of Inventory

2.0

1.2

- 40.0%

--

--

--

Median Sales Price*

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

September

2020

367

343

310

Year to Date

2021

3,379

3,215

270

+ 10.6% New Listings

2020

2,921

2,859

+ 2.2% Closed Sales

- 4.9% New Listings

- 26.4% Closed Sales

2021

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

All MLS

b

St. Johns County - NW

a

+ 20% + 15% + 10% + 5% 0% - 5% - 10% - 15% - 20% 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.