St. Johns County Real Estate Market Update – March 2026

Key Trends in Inventory, Sales, Market Time, and Supply

If you are following the St. Johns County real estate market or considering buying or selling a home in St. Augustine or Northeast Florida, understanding current housing trends is essential. Each month we analyze the latest data to help homeowners, buyers, and investors better understand where the St. Augustine housing market is headed.

In this  St. Johns County market update, we’re focusing on four key indicators that provide the clearest picture of the market’s direction:

• Active Inventory

• Closed Sales

• Days on Market

• Months Supply of Inventory

These four metrics reveal how supply and demand are interacting in the St. Johns County housing market, and they help explain what buyers and sellers can expect in the months ahead.

St. Johns County Single-Family Home Market Trends

Active Inventory Continues to Rise

Active inventory for single-family homes in St. Johns County increased to 1,675 homes in February, representing a 9.8% increase compared to January.

Rising inventory is one of the most important signals in any real estate market analysis. Over the past few years, the St. Augustine housing market experienced historically low inventory levels, which led to intense competition among buyers. The increase we are seeing now indicates that more homeowners are entering the market and that buyers are beginning to see more available options.

For buyers searching for homes for sale in St. Johns County Florida, this increase in available inventory provides greater selection and potentially more negotiating opportunities.

Closed Sales Show Strong Buyer Activity

In February, 394 single-family homes closed in St. Johns County, representing a 38.7% increase from January.

Closed sales are one of the clearest indicators of buyer demand in the Northeast Florida real estate market. When we see a month-to-month increase in completed transactions, it typically reflects strong activity from buyers who began their home search earlier in the year.

For homeowners considering selling a home in St. Augustine or St. Johns County, strong closed sales numbers are encouraging. They indicate that buyers are still actively purchasing homes despite rising inventory levels.

Homes Are Taking Slightly Less Time to Sell

The average days on market for single-family homes in St. Johns County was 59 days in February, representing a 7.1% decrease compared to January.

Days on market measures how long it takes for a property to go under contract once it is listed. A decrease in this metric suggests that well-priced homes in the St. Augustine real estate market are still attracting strong buyer interest.

While homes may not be selling as quickly as they did during the peak of the pandemic housing surge, the current timeline still represents a healthy and active housing market.

Months Supply of Inventory Declines

Another important indicator is the months supply of inventory, which currently sits at 4.3 months for single-family homes in St. Johns County, a 20.8% decrease from January.

Months supply of inventory measures how long it would take to sell all current homes on the market if no new listings were added. In most markets:

• 0–4 months indicates a seller’s market

• 5–6 months represents a balanced market

• 7+ months signals a buyer’s market

With supply currently around 4.3 months, the St. Johns County housing market remains slightly favorable to sellers, although it is gradually moving toward a more balanced environment.

St. Johns County Condominium Market Trends

Condo Inventory Continues to Grow

The St. Johns County condo market saw active inventory increase to 264 units in February, representing a 5.2% increase from January.

This increase provides more opportunities for buyers searching for condos in St. Augustine, Vilano Beach, Ponte Vedra, and surrounding coastal communities.

For many buyers, condominiums offer an attractive entry point into the Northeast Florida housing market, particularly for those seeking low-maintenance living or investment properties near the beach.

Closed Condo Sales Increase

The condominium market recorded 39 closed sales in February, which represents a 25.8% increase month over month.

This increase demonstrates that buyer demand for condos in St. Johns County remains steady, particularly among buyers seeking vacation properties, investment opportunities, or more affordable housing options.

With strong demand from both local and out-of-state buyers relocating to Florida, the St. Augustine condo marketcontinues to experience consistent activity.

Condo Days on Market Slightly Higher

The average days on market for condos increased to 68 days, representing a 17.1% increase compared to January.

An increase in days on market typically indicates that buyers are taking more time to evaluate available options. This is common in markets where inventory is gradually increasing and buyers have more choices.

For sellers, proper pricing and strong marketing strategies remain essential to attract qualified buyers.

Condo Months Supply of Inventory Declines

The months supply of inventory for condominiums in St. Johns County currently sits at 6.8 months, representing a 16.4% decrease from the previous month.

Although this level of inventory is slightly higher than the single-family segment, the decline in supply suggests that buyer demand is steadily absorbing available listings.

This indicates a more balanced condominium market in St. Augustine and St. Johns County, where both buyers and sellers have opportunities.

What These Trends Mean for the St. Johns County Housing Market

Overall, the February 2026 St. Johns County real estate market update shows a market that is continuing to normalize.

Key takeaways include:

• Inventory is increasing, giving buyers more options.
• Closed sales remain strong, indicating continued demand.
• Homes are selling in a healthy timeframe.
• Inventory supply levels suggest a gradually balancing market.

For buyers, this environment may provide more negotiating power and a greater selection of homes for sale in St. Johns County.

For sellers, properly pricing your home and implementing a strong marketing strategy remains critical to achieving the best possible results.

Thinking About Buying or Selling in St. Johns County?

Whether you're planning to buy a home in St. Augustine, sell property in St. Johns County, or invest in Northeast Florida real estate, having the right local expertise makes all the difference.

The Halle Perez Group at Keller Williams Atlantic Partners specializes in helping buyers and sellers navigate the St. Augustine and St. Johns County real estate market with data-driven insights and strategic guidance.

If you would like a personalized market analysis for your home or neighborhood, we would be happy to help.

Contact us today to learn more about the current St. Johns County real estate market trends and how they impact your real estate goals.