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Real Estate in St Augustine Fl – St Johns Cty Unemployment Rate Falls

By
Real Estate Agent with St. Augustine Realty

When buying or selling real estate in St Augustine Fl, a typical concern is whether the county or city is economically sound.  Great news for St Johns County – according to data released Friday January 24th, the unemployment rate listed for December 2013 was 4.7 percent, down 1.5 percent from the same time last year. 

What does that mean for buying or selling real estate in St Augustine Fl?  Well for starters if you look at the data from a year ago (January 2012) the average list price for real estate in St Augustine Fl was $189,497 and the same time this year it is up to $215,453.  That’s an increase of over 14 percent.  This is not the only positive indicator for real estate in St Augustine Fl.  The number of days on the market has decreased and the absorption rate as also dropped.  The numbers are not huge, but they are headed in the right direction. 

If the numbers alone aren’t enough to lure you into buying or at least exploring real estate in St Augustine Fl maybe this short video will do the trick.  It’s a great time to consider investing in real estate in St Augustine Fl, don’t be in a situation of "should’ve, would’ve, could’ve". 

 

Posted by

Clair Funk
Broker Associate
St. Augustine Realty
(904) 540-7700
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