Single-Family Homes
Fri Apr 23 2021
This week the median list price for Saint James City, FL is $429,900 with the market action index hovering around 52. This is an increase over last month's market action index of 47. Inventory has held steady at or around 30.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Median List Price | $429,900 | |
Per Square Foot | $309 | |
Days on Market | 35 | |
Price Decreased | 30% | |
Price Increased | 27% | |
Relisted | 10% | |
Inventory | 30 | |
Median Rent | $3,500 | |
Most Expensive | $999,800 | |
Least Expensive | $142,500 | |
Market Action | 52 | |
Strong Seller's Market |
Though this week saw relatively little price change from last week, the market seems to be show some signs of strength. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$945,000 | 2,332 | 0.25 - 0.5 acre | 3 | 3 | 31 | 1 | 1 | 42 |
$495,000 | 1,388 | 6,500 - 8,000 sqft | 3 | 2 | 10 | 0 | 0 | 35 |
$429,900 | 1,388 | 4,500 - 6,500 sqft | 3 | 2 | 6 | 5 | 0 | 206 |
$194,900 | 1,125 | 4,500 - 6,500 sqft | 2 | 2 | 44 | 4 | 2 | 14 |