It’s not surprising that the 3rd fastest growing community in the U.S., Nocatee (have a peek) , has an absorption rate of 1.94 months This is a true seller’s market and the builder could be raising prices any minute.

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In fact the average days on the market for July 2014 is just 49 days with a median days of the market of just 11 days (meaning over half the homes sell in less than 11 days).

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Check my blog for the rest of the report

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Marsh Landing has an experienced a betterment in the market just like Ponte Vedra Beach in general.

There was a drop of 16.9% to a YTD absorption rate of 6.05 months. So Marsh Landing is just now entering a “balanced market”. However, if sales progress continues then it could see a seller’s market with more appreciation.

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Average Listing Price

What is interesting is the average listing price for the year to date compared to 2013 year to date is down 15.82% to $1,002,059. However, I see the number of listings put on the market over $1,000,000 is down 34.6% comparing 2013 to 2014 year to date figures. Thus it is a lesser number of expensive homes on the market in Marsh Landing and not a drop it actual prices.

Find the rest of report HERE

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new_construction_dealRichmond American Homes Summer Builder Promotion!

Up to $10,000 closing cost promotion, $0 loan origination fee and Up to $8,000 in select home upgrades*. This deal is only available on select homes that close by 9/30 & finance through HomeAmerican Mortgage Corporation.

Where is this deal available?

The Palms (weblink) – Priced from the mid $500′s in Ponte Vedra Beach. Hard to find new construction in Ponte Vedra Beach at this price. Sizes in this community fall in the 3100sf-4190sf range. Only 9 homesites and just off of A1A.

Old Sebastian Point – Priced from the low $200′s with natural wetland setting. Homes range in size from 1560sf-3030sf and 3-4 bedrooms. Prized location in St. Augustine, FL 32084 & within biking distance to the shops along the Matanzas River.

Glen St. Johns (check it out)- Priced from the mid $200′s with home size ranging from 2270sf-3460sf. Located in St Johns FL 32092.

Contact us today 904-273-0125 to take advantage of these wonderful deals in St. Johns County (content).

Source: Check over here

 

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Siena at Town Center

ICI homes (website) will start model construction Fall 2014 for these mediterranean/tuscan style homes with tile roofs and ranging in size from 1,600 to 3,000sf. These are unique floorplans with rear alley garage entry.

Also unique to this location is being walking distance to shops, grocery store, restaurants and Nocatee’s amenity center.

Nocatee’s (click here) zoning for schools is always confusing. This particular neighborhood will be going to the A rated schools of Ocean Palms Elementary, Landrum Middle and Nease High School.

Give us a call or email if you would like to be on the list for this community.

Source Phyllis Frankel Realty Group

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