09/21/2026
πΉ **Monday Market Update for St. Johns County for August 2026** π
Compared to August 2025:
π Closed Sales decreased by 20%
π Pending Sales decreased by 14%
π New Listings decreased by 15.5%
π Active Inventory decreased by 15.5%
π‘ **What does this mean for you?**
**SELLERS:** Even though overall sales activity has slowed, there are also fewer homes competing for buyers. Homes that are selling are moving faster, with median days on market down 24.5% to 40 days. The median sales price also increased 3.9% to $571,499, and sellers received an average of 97.8% of their original list price. Pricing and presenting your home correctly from the start remains important.
**BUYERS:** Higher mortgage rates continue to affect affordability and may be contributing to slower buyer activity. The Federal Reserve also recently raised its benchmark rate by 0.25%. While that doesn't directly set mortgage rates, borrowing costs remain something buyers need to consider.
At the same time, slower buyer activity can mean **less competition for you**. With fewer buyers competing for homes, there may be opportunities to negotiate on price, closing costs or other terms depending on the property.
Every neighborhood and price range tells a different story. PM us and we can give you the stats and trends specific to your neighborhood and help you determine the best strategy for your needs.
If you have a home to sell, are looking to buy, or know someone who needs our help, give us a call. We love referrals!
πββοΈ Lim & Webber Home Team
ποΈ United Real Estate Gallery
π€ [email protected]
π www.limandwebberhometeam.com
π± Kelly 904.501.1226 & Christine 904.860.2480