JANUARY 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’s market

5-6 months = neutral market

7-9 months = buyer’s market

January TOTAL Closed SFH, TH, CN, Lots/Land/Acreage = 74 DOM (Seller’s Market)

January Macro Market Trends

New Construction:

  • Single Family Home, Townhome and Condo average sale = $429K

  • New construction properties accounted for a whopping 46% of all sales.

  • Notably UP from 33% December closed sales.

Pre-Owned:

  • Average combined closing price for all Single Family, Townhome and Condo = $665K

  • This number was driven by multiple sales of high-end luxury and waterfront properties.

  • Average days on market = 71

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

  • Properties including East of A1a, Internal Island, Intracoastal, and Oceanfront locations remain in high demand and closed “near or more” than list prices.

  • The average closed sale = $793.7K

  • High average was fueled by 7 “waterfront” property sales ranging from $1.5M - $2.703M.

Vacant Lots/Land/Acreage: 29 Properties closed in January.

  • The amount of Vacant Lots/Land/Acreage closed sales more than doubled in January over December.

  • Average Sale Price All = $194k

  • Average DOM = 129

  • Sale prices ranged from $11K - $949K


January Micro Market Averages


Internal Locations

Single Family Home
32080: $769,100
32084: $346,000
32086: $506,300
32092: $537,000
32095: $494,800
32033: $200,000

Townhome
32080: None Sold
32084: $242,200
32086: $277,500
32092: $330,800
32095: $295,400
32033: None Sold

Condo
32080: $281,300
32084: $323,300
32086: $345,000
32092: $460,000
32095: None Sold
32033: None Sold

Direct Oceanfront, Oceanview, East of A1a Beach Blvd

Single Family Home
32080: $1,685,000
32084: $1,075,000

Townhome
32080: $750,000
32084: None Sold

Condo
32080: $558,800
32084: $715,000

Intercoastal Waterfront, East of US1, West of A1a

Single Family Home
32080: $1,323,000
32084: $3,082,000

Townhome
32080: None Sold
32084: None Sold

Condo
32080: $300,000
32084: $251,000