I see developers are now making offers for vacant lots in Deerfield Trace Subdivision, has the market finally turned the corner in St.Augustine?

Asked by Allen T Lauro, 32086 Sun Apr 14, 2013

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CreateCommer…, Agent, Saint Augustine, FL
Mon Apr 15, 2013
The market is changing and we are seeing that prices are increasing. We are also seeing more and more properties sell quicker with multiple offers. If I can be of any assistance feel free to contact me.

Francine Schill - Realtor - e-Certified
Prudential Network Realty
112 SeaGrove Main St., Ste. 210
St. Augustine, Fl 32080
(904) 460-5356
Website: http://www.LiveInSaintAugustine.com
francine.schill@prunet.com

Have a great day!
1 vote
Gene Johnson, Agent, Saint Augustine, FL
Sun Apr 14, 2013
In our local market, it has definitely turned around. Prices have begun to climb back up and with the current inventory of available resale homes and still very low interest rates, we have seen signs of resales becoming a "seller's" market with multiple offers on properties.

All of the above reasons is why the builders and developers have started to come back.
1 vote
Karen Peil, Agent, Saint Augustine, FL
Mon Apr 15, 2013
Yes, we have seen a turn around of late with properties selling that may have stayed on the market a couple of years ago. Lots have also been selling to indi iduals and builders. Inventory is low, so there aee more buyers.for less inventory. So, it is a good time to market property for sale. If I can be of help, please let me know. Karen Peil, Prudential Network Realty, 904-501-3070, http://www.MyStAugustineHome.com
0 votes
Philip Orrill, , Saint Augustine, FL
Sun Apr 14, 2013
Yes, the market is heating up. Properties up to about $150K are flying off the shelf, many are attracting multiple offers. I know Deerfield Trace very well and may soon be listing a property in there. How can I be of help to you?

Thanks

Phil Orrill
Broker-Associate
Certified International Property Specialist (CIPS)
Transnational Referral Certificate (TRC)
Watson Realty Corp St Augustine, Florida
Cell: (904) 377-1016
E-mail: philorrill@outlook.com
Website: http://www.homesinstaug.com
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