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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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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 ShoresSt Augustine SouthWorld Golf ...
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