Clay County Florida Real Estate: Market Watch September 2008 and 2007

Current market conditions for Orange Park, Fleming Island, Middleburg and Green Coves Springs

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

Current # of listings available September 2008	1836
Average # of sales per month (homes that went under contract not sold)	148
Ave days on market (under contract homes, not sold)-	141.33
Remaining # months inventory	12.41
Selling price % of list price (original list price) (these were homes that sold and closed in September 2008)	86.13%

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

Current # of listings available September 2007	2090
Average # of sales per month (homes that went under contract not sold)	171
Ave days on market (under contract homes, not sold)-	112.17
Remaining # months inventory	12.22
Selling price % of list price (original list price) (these were homes that sold and closed in September 2007)	92.74%

The amount of homes available decreased from August, which is a great thing, but the homes that went under contract decreased as well. I really expected the numbers to be worse though, due to the economic uncertainty we’re facing.

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.

Pam Graham

904-910-3516

Vanguard Realty, GMAC Real Estate

3168 Highway 17,s

Orange Park, FL 32003

Licensed Real Estate Agent in Florida