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.