Is Saint Augustine Beach, 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 Beach was a Seller's Market.
Key Takeaway
Saint Augustine Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Saint Augustine Beach, FL
How much do homes in Saint Augustine Beach, FL cost?
Median Sold Price
$652,375
$432/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Saint Augustine Beach have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Saint Augustine Beach was $652,375 in May 2024, up 6.9% from last year, and the median price per square foot was $432.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $434.9K | $485K | +11.5% |
| 3 Bedrooms | $622.5K | $646.8K | +3.9% |
| 4 Bedrooms | $780K | $840K | +7.7% |
| 5+ Bedrooms | $1.5M | $1.6M | +5.4% |
Summary: Saint Augustine Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
| Saint Augustine | $401.7K | $538.1K | +34.0% |
| Saint Augustine Beach | $610K | $652.3K | +6.9% |
Housing Supply in Saint Augustine Beach, FL
How many homes are available in Saint Augustine Beach, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 79 | 80 | +1.3% |
Summary: The Saint Augustine Beach real estate market had 80 homes for sale in May 2024, a 1.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 31 | 33 | +6.5% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 19 | 15 | -21.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Saint Augustine Beach 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 6.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Augustine Beach, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Saint Augustine Beach in May 2024, down by 20.0% month-over-month. Of the 12 sold homes, 83% were sold under asking, 8% were sold at asking, and 8% were sold over asking.
Days on Market for Saint Augustine Beach, FL
How long does it take to sell a home in Saint Augustine Beach, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 82 Days | 41 Days | -50.2% |
Summary: Homes in Saint Augustine Beach had an average of 41 days on market in May 2024, down by 50.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Saint Augustine Beach has remained consistent over time.
Summary: During May 2024, 12 homes were sold in Saint Augustine Beach; 42% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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