THE FOR BUYERS ONLY TEAM
Sharon Stevens, Broker-Owner
Peggy K. Medick, Broker Associate
LeeAnn S. Kendall, Sales Associate
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ST AUGUSTINE, PONTE VEDRA
NOCATEE & ST JOHNS,
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January 2012 Newsletter



 

December 2011 St Augustine Real Estate Market Conditions

 

DECEMBER 2011

# Homes For Sale              1081
# Homes Sold                     127
Average Days on Market     169
Median List Price              $184,900
Median Sold Price             $180,000
% Difference                      97.3%


What do these figures mean?  

How does it compare to last month or this month of 2010?

 

NOVEMBER 2011

# Homes For Sale             1168
# Homes Sold                    121
Average Days on Market   156
Median List Price             $202,495
Median Sold Price            $193,700
% Difference                      95.7%

 

DECEMBER 2010

# Homes For Sale              1465
# Homes Sold                     151
Average Days on Market     125
Median List Price              $182,900
Median Sold Price             $174,000
% Difference                       95.1%

 

HOW ABOUT COMPARING YEAR TO YEAR.......

 

2011 YEAR END STATS


# Homes Sold In 2011         1592
% Distressed Sales               26%
% Cash Purchases                   44%

Absorption Rate                    10. 5
Average Days On Market     156
Median List Price                $198,895
Median Sold Price               $185,000
% Difference                         93%

 

2010 YEAR END STATS


# Homes Sold 2010                1475
% Distressed Sales                 37%
% Cash Purchases                    44%                            
Absorption Rate                      14.2        
Average Days on Market         146    
Median List Price                  $194,900
Median Sold Price                $184,000
% Difference                         94.4%  

 

2009 YEAR END STATS


# Homes Sold 2009                1347   
% Distressed Sales                 42%    
% Cash Purchases                     39%
Absorption Rate                      13.9    
Average Days on Market         155
Median List Price                  $198,000
Median Sold Price                 $185,000
% Difference                           93.4%
     

 
* Stats from the St Augustine & St Johns County Boards of Realtors  


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For Buyers Only Realty of St Augustine, Florida

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 Exclusive Buyer's Agent in St Augustine Florida         

The National Association of Exclusive Buyer Agents (NAEBA) is an organization of real estate professionals who have dedicated their business lives to representing only buyers of real estate. To avoid conflicts, we do not list homes for sale and we never represent sellers. This restriction to one side of the real estate transaction ensures that the interest of home buyers is protected in every step of the real estate transaction, from house-hunting and negotiation, to inspection, financing and closing.

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