There could be countless reasons why people are considering buying a real estate property in St. Augustine, Florida. Those who have no plans of staying at the place for the entire year opt to purchase a condominium unit. Condos are a convenient, practical, and safer choice for this type of real estate owners. Some would like to settle down to a beautiful place and purchase family homes. If you have not made up your mind just yet, our guide to real estate in St. Augustine, Florida might be helpful for you.
The Housing Market in St. Augustine, FL
The housing market in St. Augustine, Florida was declared a buyer’s market in February 2019. This means that there are fewer buyers and more active homes. If there is a buyer’s market, it only means a nice time for buyers to purchase properties and a little disadvantageous to sellers.
Home Prices in Saint Augustine, FL
Saint Augustine is consists of over 14 neighborhoods. Currently, it has over 3400 homes for sale with prices ranging between $6.7 thousand and $6.5 million. The place also offers affordable multi-families residences. The current median listing home price at St. Augustine is $314,000 while its median home price per square feet is $164, and the median price of a sold home is around $290,000.
Of the 3423 homes available for sale at St. Augustine, 195 are newly posted and 192 rentals are recently listed with rental prices ranging between $721 and $6k monthly. Flagler’s Model Land is one of the most expensive neighborhoods in St. Augustine with a median price of around $827,000. On the other hand, the St. Augustine Shores Golf Club is the most affordable with a median price of around $185,000.
Other popular neighborhoods in St. Augustine include the King and the bear with a median listing price of $322.5 K and price per square foot of $145. The neighborhood has a very low crime rate. Palencia is another popular neighborhood with a median listing price of $322 K or per square foot price of $156. It also has a very low crime rate and offers affordable townhomes, condos, and two-story houses.
The Slammer and the Square ranked third in terms of popular neighborhood listing. It has a median selling price of $275 K and per square foot price of $151. It has a low crime rate and offers affordable two-story houses. Lincolnville ranked fourth with a median listing price of $329 K and a price per square foot listing of $290.
What Are The Best Nearby Schools?
So far, there are 67 schools in St. Augustine composed of 24 elementary schools, 16 middle schools, 13 private schools, and 14 charter and private schools. The top three schools are Ocean Palms Elementary School, Switzerland Point Middle School, and Allen D Nease Senior High School.
Ocean Palms Elementary School offers PK 5 and got a five stars parent rating. Allen D Nease Senior High School is open for students who are between grades 9-12. It got four stars parental rating. Switzerland Point Middle School offers grades 6 to 8 and got three stars parental rating.
What Are The Top Businesses?
The Black 40 Urban coffee shop is the most top rated business in St. Augustine. It is located in 40 S Dixie Highway. Second top-rated business on the list is Publix, a grocery store scattered all over the city. The Ice Plant is the top rated restaurant in the city. It is located at 110 Ribiera St.
What Are the Best Cities Near St. Augustine?
On top of the list is St. Augustine Beach which offers affordable multi-families homes. It has a median price of $299 K and price per square foot of $ 179. Palm Coast ranked second best city with median price listing of $ 220 K and price per square feet of $131. On the third best spot is St, Johns with a median listing price of $359 K and price per square foot of $143.
It offers newer houses for sale. Ponte Vedra beach ranked fourth place in terms of best cities around St. Augustine, it has a median listing price of $515 K and price per square foot price of $208. It offers above average elementary schools. Orange Park ranked fifth with median price listing of $244 K and price per square foot of $ 147. The place has a fast real estate turnover and offers above-average elementary schools.