St. Johns County September real estate report: Sales down, prices inch up

In September, St. Johns County saw an 11.4% drop in single-family home sales to 396, with pending sales down 13.6%. Despite fewer sales, the median price rose 2.5% to $573,750, supported by tight inventory, which fell 27.2% to 1,469 active listings. New listings increased slightly, and homes sold faster, with a median of 42 days on the market. Sellers received 97.6% of list price, and 11.4% of homes sold above asking. Mortgage rates rose to about 7.4%.

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