Susie Knows St. Johns Pt. 2

St. Johns has become a desirable area for those who are shopping in the under 400,000 range. With the improvements the town has made and the growth of the area it is one of the more affordable areas with the urban walkability feel so many want! Team Moran is a St. Johns specialist, Matt Moran has lived in the community for over 12 years!!

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The median list price in the neighborhood this week is $299,950.

The chart below shows the market incline from the past three years. Interesting to see the change over a span of three years. This shows us how the market really is and how it has remained pretty stable in terms of sales to inventory. If the Market Action index is above 30 it’s showing sellers market conditions (a lot of demand leaving not much inventory), but below 30 implies the conditions favor the buyer. Overall we can see that recently inventory has been lightening and the Market Action Index has been moving up. These are mildly positive indications for the market.

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We have a hot, hot property, 8545 N Mohawk ,listed at 389,000 and just blocks from the future site of New Seasons in St. Johns. We had a very strong offer within 6 hours of being on the market. It is now pending!

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