Is Saint Augustine Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Augustine Beach is a neutral's market

Buyer's
Market

Difference Since March 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

$648,000

$403/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$51,750(+8.7%)

Key Takeaway

Homes in Saint Augustine Beach have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Saint Augustine Beach was $648,000 in March 2024, up 8.7% from last year, and the median price per square foot was $403.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $435K$480K
+10.3%
3 $619.5K$644.8K
+4.1%
4 $795K$767.5K
-3.5%
5+ $1.5M$1.5M
+1.7%

Summary: Saint Augustine Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Cities

Saint Augustine
+21.6%
Saint Augustine Beach
+8.7%

Housing Supply in Saint Augustine Beach, FL

How many homes are available in Saint Augustine Beach, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5869+19.0%

Summary: The Saint Augustine Beach real estate market had 69 homes for sale in March 2024, a 19.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1721
+23.5%
3 2125
+19.0%
4 1619
+18.8%
5+ 44
0.0%

Summary: The Saint Augustine Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Augustine Beach, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Saint Augustine Beach in March 2024, up by 83.3% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% 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

Mar 2023Mar 2024CHANGE
29 Days59 Days+101.8%

Summary: Homes in Saint Augustine Beach had an average of 59 days on market in Mar 2024, up by 101.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint Augustine Beach are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 11 homes were sold in Saint Augustine Beach; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Saint Augustine Beach, FL

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