FEBRUARY 2024 CLOSING MARKET REPORT ST. AUGUSTINE, FLORIDA

Data curated via St. Augustine MLS database ONLY
ZIPS 32080 | 32084 | 32086 | 32092 | 32095 | 32033

Defining Days on Market (DOM)

Combined Stats of Single Family Home | Townhouse | Condo | Vacant Lots | Land/Acreage

0-4 months = seller market

5-6 months = neutral market

7-9 months = buyer market

February Total Closings - 93 DOM

UP substantially from January 74 DOM

February Macro Market Trends

New Construction:

  • Single Family Home, Townhome and Condo sale average = $350K

  • Decrease from January = $429K

  • Builders increased pricing at month’s start

  • Builders lowered pricing by mid month

  • New construction properties accounted for 59% of all sales

  • The trend continues UP from January 46% and December 33%

Pre-Owned Properties:

  • Combined closings for Single Family, Townhome and Condo = $551K

  • Downward price trend from January = $665k

  • Luxury category increased NEW unit listing numbers

  • Average DOM = 82

  • UP from January = 71

Vacant Lots/Land/Acreage:

  • Average closed price = $128K

  • Average DOM = 135

  • Sale prices ranged from $8K - $575K

  • Sold units = 29

Direct Oceanfront, Oceanfront, Oceanview, Intracoastal Waterfront, and Beach Island:

  • Average closed sale = $1.201M

  • UP from previous month = $793.7K

February Micro Market Averages

Internal Locations

Single Family Home

32080: $689,900

32084: $373,900

32086: $431,000

32092: $601,200

32095: $482,500

32033: $405,000

Townhome

32080: $432,500

32084: $252,600

32086: $310,000

32092: $323,700

32095: $320,000

32033: None Sold

Condo

32080: $338,000

32084: $307,000

32086: $315,000

32092: None Sold

32095: None Sold

32033: None Sold

Direct Oceanfront, Oceanview, East A1a Beach Blvd

Single Family Home

32080: $655,000

32084: None Sold

Townhome

32080: None Sold

32084: None Sold

Condo

32080: $1,086,66

32084: None Sold

Intercoastal Waterfront, East US1, West A1a

Single Family Home

32080: $2,687,500

32084: None Sold

Townhome

32080: None Sold

32084: None Sold

Condo

32080: $1,081,000

32084: $332,000