How's the Real Estate Market??

Saint James City, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Saint James City, FL

Wed Jul 15 2020
This week the median list price for Saint James City, FL is $272,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 48. Click here to stay informed with the Saint James City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Saint James City, FL

Wed Jul 15 2020
This week the median list price for Saint James City, FL is $272,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 48. Click here to stay informed with the Saint James City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Saint James City market.
Median List Price $272,000
Per Square Foot $225
Days on Market 209
Price Decreased 38%
Price Increased 2%
Relisted 10%
Inventory 48
Median Rent $2,425
Most Expensive $2,499,900
Least Expensive $98,000
Market Action 35
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$899,700 2,636 0.25 - 0.5 acre 3 3 19 0 1 223
$407,450 1,714 0.25 - 0.5 acre 3 3 22 1 3 309
$239,000 1,182 6,500 - 8,000 sqft 2 2 35 0 4 150
$152,000 1,040 0 - 4,500 sqft 2 2 38 1 3 152