Is Saint Augustine, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Saint Augustine was a Seller's Market.
Housing Prices in Saint Augustine, FL
How much do homes in Saint Augustine, FL cost?
Median Sold Price
$538,154
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Saint Augustine was $538,154 in May 2024, up 34% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $229.9K | $225.9K | -1.8% |
2 Bedrooms | $281K | $400K | +42.3% |
3 Bedrooms | $450K | $532.2K | +18.3% |
4 Bedrooms | $755K | $676.5K | -10.4% |
5+ Bedrooms | $840K | $717.5K | -14.6% |
Summary: Saint Augustine housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 42.3%, 3 bedroom homes increased by 18.3%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 14.6%.
Housing Supply in Saint Augustine, FL
How many homes are available in Saint Augustine, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
257 | 268 | +4.3% |
Summary: The Saint Augustine real estate market had 268 homes for sale in May 2024, a 4.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 7 | 0.0% |
2 Bedrooms | 46 | 52 | +13.0% |
3 Bedrooms | 131 | 129 | -1.5% |
4 Bedrooms | 52 | 58 | +11.5% |
5+ Bedrooms | 21 | 22 | +4.8% |
Summary: The Saint Augustine housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 29 | -3.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Saint Augustine in May 2024, down by 3.3% month-over-month. Of the 29 sold homes, 79% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Saint Augustine, FL
How long does it take to sell a home in Saint Augustine, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 71 Days | +47.9% |
Summary: Homes in Saint Augustine had an average of 71 days on market in May 2024, up by 47.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 29 homes were sold in Saint Augustine; 45% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.