MARCH 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

March Total Closings - 83 DOM (Sellers Market)

DOWN from February 93 DOM

March Macro Market Trends

New Construction:

• Single Family Home, Townhome and Condo sale average = $335K

• Down from February = $350K

• New Construction properties trended UPWARDS AGAIN and accounted for 66% of all sales

Pre-Owned Properties:

• Combined closings for Single Family, Townhome and Condo = $602K

• Upward price trend from February = $551K

• Included is Luxury category that reported 14 sales ranging from $1M - $2.925M

• Average DOM = 73

• DOWN from February = 82

Vacant Lots/Land/Acreage:

• Average closed price = $250.3K

• Average DOM = 50

• Sale prices ranged from $15.5K - $639.5K

• Sold units = 13

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

• Average closed sale = $1.311M

• UP from previous month = $1.201M

March Micro Market Averages

INTERNAL LOCATIONS

Single Family Home

32080: $619,600

32084: $438,100

32086: $466,200

32092: $526,600

32095: $449,900

32033: $366,600

*Exceptional Sales:
32033: $1,017,500
2 properties included
1 - St Johns Riverfront
1 - Rural 4,400s/f & 8 acres

Townhome

32080: $346,300

32084: $243,900

32086: $325,000

32092: $328,500

32095: $311,500

32033: None Sold

Condo

32080: $418,700

32084: $304,200

32086: $274,200

32092: $248,000

32095: $472,500

32033: None Sold

DIRECT OCEANFRONT, OCEANVIEW, EAST A1A BEACH BLVD

Single Family Home

32080: $2,925,000

32084: None Sold

Townhome

32080: None Sold

32084: None Sold

Condo

32080: $625,600

32084: None Sold

INTERCOASTAL WATERFRONT, EAST US1, WEST A1A

Single Family Home

32080: $2,038,000

32084: $1,531,000

Townhome

32080: None Sold

32084: None Sold

Condo

32080: $915,000

32084: $718,000

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

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

DECEMBER 2023 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

December TOTAL Closed SFH, TH, CN, Lots/Land/Acreage = 79 DOM (Seller’s Market)

November’s Average = 80 DOM

December Macro Market Trends

New Construction:

• Townhome and Single Family Home average sale = $356K

• New construction properties, in both subdivisions and stand alone properties, accounted for a whopping one-third of all December sales.

Pre-Owned:

• Average combined closing price for all Single Family, Townhome and Condo = $506K

• Average days on market = 76

• This average is down from November’s $539K

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

• Properties including East of A1a, Internal Island, Intracoastal, and Oceanfront locations overall closed slightly (more/less) than list price yet again.

Vacant Lots/Land/Acreage: 11 Properties closed in this category, the same amount as November.

• Sale prices ranged from $70K - $505K

December Micro Market Averages

Internal Locations

Single Family Home
32080: $694,300
32084: $398,900
32086: $453,900
32092: $475,400
32095: $591,300
32033: None Sold

Townhome
32080: $380,000
32084: $197,500
32086: $289,900
32092: $347,400
32095: $306,500
32033: None Sold

Condo
32080: $316,100
32084: $269,000
32086: $273,500
32092: $347,500
32095: $255,000
32033: None Sold

Direct Oceanfront, Oceanfront, Oceanview, East of A1a Beach Blvd

Single Family Home
32080: $680,000
32084: $1,075,000

Townhome
32080: $750,000
32084: None Sold

Condo
32080: $493,400
32084: $715,000

Intracoastal, East of US1 Waterfront, West of A1a Waterfront

Single Family Home
32080: $1,061,600
32084: $2,500,000

Townhome
32080: None Sold
32084: $480,000

Condo
32080: $300,000
32084: $796,300