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September numbers are in and a total of 77 Homes and condos sold for the month. The only brite point for buyers are prices dropping like it's hot!
Additional Information
Building Permits 131 up 42 from one year ago.
St. Augustine HPI
Condo's (Build from 2000 - 2007) Sq feet from 700 - 950 1 BR / 2BR from 900 Sqft
1br / ...
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Statistic for St Augustine homes as of 10/01/2007 Active Listings 3773 Plus 20 Listing over last month = Buyers Market
Total Sales 77 Units Minus (7)
Homes
Days on market 21 - 631
% of asking price sold/list 91.2%
Sales 64 Homes Plus 7 Net Sales
Sale ...
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Sales have slowed to a pace not seen since January 2007 with a total of 80 Homes and condos sold for the month. The only brite point for buyers are prices dropping like it's hot!
This month I will Introduce my new Home Price Index or HPI for Saint Augustine, Saint Johns County Florida.
Condo's (Build from 2000 - 2007) ...
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Finally, some great news for Florida on the Insurance front... Looks like we may see a 5% - 40% Reduction in our rates! ... Now all we need is a dip in the Interest rate to bring buyers back in...
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