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
Mon Nov 30 2020
This week the median list price for Saint James City, FL is $399,900 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has held steady at or around 44.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Real-Time Market Profile
| Median List Price | $399,900 | |
| Per Square Foot | $282 | |
| Days on Market | 138 | |
| Price Decreased | 18% | |
| Price Increased | 5% | |
| Relisted | 9% | |
| Inventory | 44 | |
| Median Rent | $3,500 | |
| Most Expensive | $2,675,000 | |
| Least Expensive | $120,000 | |
| Market Action | 39 | |
| Slight Seller's Advantage | ||
The market seems to have paused around this plateau. 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 |
|---|---|---|---|---|---|---|---|---|
| $799,000 | 2,592 | 0.5 - 1 acre | 3 | 3 | 17 | 1 | 1 | 161 |
| $425,000 | 1,388 | 0 - 4,500 sqft | 3 | 2 | 34 | 0 | 0 | 119 |
| $329,000 | 1,306 | 8,000 - 10,000 sqft | 2 | 2 | 37 | 2 | 1 | 64 |
| $190,000 | 848 | 4,500 - 6,500 sqft | 2 | 2 | 35 | 0 | 1 | 207 |