Is Saint Augustine, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Saint Augustine was a Seller's Market.
Key Takeaway
Saint Augustine is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Saint Augustine, FL
How much do homes in Saint Augustine, FL cost?
Median Sold Price
$495,000
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Saint Augustine have sold for 21.6% more than they did a year ago.
Summary: The median home sold price in Saint Augustine was $495,000 in March 2024, up 21.6% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $220K | -4.3% |
| 2 Bedrooms | $282K | $364K | +29.1% |
| 3 Bedrooms | $466K | $476K | +2.1% |
| 4 Bedrooms | $753.2K | $695K | -7.7% |
| 5+ Bedrooms | $800K | $745K | -6.9% |
Summary: Saint Augustine housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 29.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 6.9%.
Housing Supply in Saint Augustine, FL
How many homes are available in Saint Augustine, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 220 | 244 | +10.9% |
Summary: The Saint Augustine real estate market had 244 homes for sale in March 2024, a 10.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 40 | 51 | +27.5% |
| 3 Bedrooms | 107 | 115 | +7.5% |
| 4 Bedrooms | 50 | 53 | +6.0% |
| 5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The Saint Augustine housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 27.5%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Augustine, you may be able to get a good deal. 84% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Saint Augustine in March 2024, up by 19.0% month-over-month. Of the 25 sold homes, 84% were sold under asking, 16% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 86 Days | 91 Days | +6.1% |
Summary: Homes in Saint Augustine had an average of 91 days on market in Mar 2024, up by 6.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Saint Augustine are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 25 homes were sold in Saint Augustine; 20% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 48% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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