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St Augustine Real Estate Information and Market Updates, provided by your trusted real estate team "Producers" Realtors with Brite Real Estate Professionals

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  • St Augustine Real Estate Information and events, provided by your trusted real team "Producers" Realtors with Brite Real Estate Professionals St Augustine Florida
St Augustine Real Estate Market Report July 2007

Buyers Market is in full force , the number of homes for sale in St Augustine is still at 3700, which equals a 37 month supply. I expect home prices in the resale market to decline for the next 6 months or longer until buyers start to step in.

Established neighborhoods are selling

  • St Augustine Shores
  • St Augustine South
  • World Golf Village
  • Cypress Lakes

New home developers are reporting about 3 sales per month for the best projects

Developers are first to adjust the prices or to offer incentives

  • 200,000 - 300,000 Market is selling
  • Incentives up to $50,000
  • no lot premium
  • 3% or all closing cost paid

 

For the best deal or my deals of the week please contact me

Trusted Real Estate Team "Producers" Realtors with Keller Williams Realty - St Augustine, Florida.

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