Sawmill Lakes is a popular Ponte Vedra Beach community located just east of the Intracoastal Waterway. It’s close to the beach, schools, shopping & more. Let’s take a look at the real estate activity in Sawmill Lakes over the past 12 months:
Active vs. Sold
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Information is deemed to be reliable, but is not guaranteed. © 2024
There have been 130 homes actively for sale over the past 12 months, and 30, or about 21% have sold.
Avg. List Price vs. Avg. Sold Price
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Information is deemed to be reliable, but is not guaranteed. © 2024
The average list price year-to-date (YTD) has been $526,146, and average sale price YTD has been $515,393.
Sale to Original List Price
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Information is deemed to be reliable, but is not guaranteed. © 2024
The chart above shows the average ratio of sale price to original list price, as a percentage.
Average Days on Market
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Information is deemed to be reliable, but is not guaranteed. © 2024
This chart shows the average number of days that sold listings were on the market. In 2018, the average days on market in Sawmill Lakes was 125, which is up nearly 6% over last year.
Absorption Rate
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Information is deemed to be reliable, but is not guaranteed. © 2024
Absorption rate represents how long the current inventory of properties would last at the current rate of sales. As of Sept., 2018, the absorption rate is just over 4 months.
Interestingly, in 2018, Sawmill Lakes saw an increase in the number of sold listings over 2017, but a decrease in the number of new listings coming to market. What does this mean if you’re looking to buy or sell in Sawmill Lakes? Contact us today for a more detailed market analysis of both Sawmill Lakes, and the Ponte Vedra Beach area at large.
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