St Augustine real estate March 2011 report
March 2011 was a Busy month with over 122 Homes sold, 3 for more then 1 Million
- Homes Sold 122 ranging from 38k to over 1.5 Million
- Condos Sold 51 ranging from 35K to over 600K
- Town homes 3 ranging from 55K to 70K
Currently we have 1927 Listing which still equals a 11 Month supply prices are holding for certain communities and dipping on others, for some detail information please contact me.
With that said, Foreclosures have been dripping in slowing, current we have 44 Active and 10 under contract, I still expect foreclosures to pick up over the next 1-3 Months, for me it was busy as well with my Foreclosure listing
6410 Sandhill is under contract
2748 Broadway closed
1631 Hammock grove has offers and a price reduction , so activity is up and should be under contract in 1 week or less
1701 Lismore has had some nice offers and again I expect this house to be under contract soon
219 Cotorro Lane in St Augustine Shores should close next week
5432 Cypress Lakes is under contract and should close in April
2 Homes have been sold in Country walk one is being built and another will close May 2 2011
Additional I sold a New home in the colony at Greenbriar over 2800 SQFT loaded with options closing end of May 2011
St Augustine is growing and selling inventory is down, now is a great time to start to look for your perfect location, If you have any questions on St Augustine , St Johns county please contact me