Clay County Florida Real Estate: Market Watch June 2008 & 2007

Current market conditions for Orange Park, Fleming Island,Middleburg & Green Cove Springs June 2008 & 2007

Here’s what Clay County Real Estate in June 2008 looked like:

Current # of listings available June 2008	1929
Average # of sales per month (homes that went under contract not sold)	183
Ave days on market (under contract homes, not sold)-	100.67
Remaining # months inventory	10.54
Selling price % of list price (original list price) (these were homes that sold and closed in June 2008)	89.47%

Here’s what Clay County Real Estate in June 2007 looked like:

Current # of listings available June 2007	2166
Average # of sales per month (homes that went under contract not sold)	196
Ave days on market (under contract homes, not sold)-	67.83
Remaining # months inventory	11.05
Selling price % of list price (original list price) (these were homes that sold and closed in June 2007)	97.24%

These figures are based on residential homes (single family, town homes & attached). They exclude condos, commercial property and vacant land. Information is deemed to be reliable, but is not guaranteed.

We’re seeing a small drop in inventory from June 2007 but a decrease in homes that went under contract compared to June 2007. Buyer’s are still cautious and it looks like seller’s who don’t need to sell are staying put and waiting out the market.

Pam Graham

904-910-3516

Vanguard Realty, GMAC Real Estate

3168 Highway 17,s

Orange Park, FL 32003

Licensed Real Estate Agent in Florida