MAY 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

May Total Closings - 71 DOM (Sellers Market)

DOWN from April 81 DOM

May Macro Market Trends

New Construction:

  • Single Family Home,Townhome and Condo average sale = $337.7K

  • New Construction trended upward and accounted for 26% of sales

Pre-Owned Properties:

  • Single Family Home, Townhome and Condo average sale = $599.4K

  • Included is Luxury & Water categories that reported 14 sales ranging from $1.03M-$4.265M

  • Pre-owned accounted for 74% of sales

  • Unfortunately and again, the Townhome and Condo categories showed largest value reductions, especially the Townhome sector

  • Average DOM = 69

  • DOWN from April = 79

Vacant Lots/Land/Acreage:

  • Average closed price = $242.1K

  • Average DOM = 158

  • Sale prices ranged from $60K - $210K

  • Sold units = 8

  • Exceptional sale not used in averages calculation = $1.085M (41.88 acres)

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

  • Average closed sale = $843.6K

  • Single Family Home, Townhome & Condo categories combined 60 total sales

May Micro Market Averages

INTERNAL LOCATIONS

Single Family Home

32080: $569,000

32084: $419,200

32086: $470,400

32092: $591,600

32095: $608,000

32033: $680,300

Townhome

32080: $340,000

32084: $240,900

32086: $275,000

32092: $292,500

32095: None Sold

32033: None Sold

Condo

32080: $279,400

32084: $297,800

32086: $278,600

32092: $242,000

32095: $257,500

32033: None Sold

DIRECT OCEANFRONT, OCEANVIEW, EAST A1A BEACH BLVD

Single Family Home

32080: $1,710,000

32084: $1,297,500

Townhome

32080: None Sold

32084: None Sold

Condo

32080: $525,100

32084: $410,000

INTERCOASTAL WATERFRONT, EAST US1, WEST A1A

Single Family Home

32080: $1,357,000

32084: $2,416,200

Townhome

32080: None Sold

32084: None Sold

Condo

32080: $293,500

32084: $440,000