Florida Property Values
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Activity is picking up in St. Augustine, especially near the beach. St. Augustine Realtor Diane Grady-Klinge says more cash buyers are emerging, and prices are stabilizing. The story in nearby Flagler County is bleaker. Homes in this retiree-heavy part of the state are selling for at least 50% less than they were five years ago. Realtor Carmen Bongiovanni calls it a “lost decade” for real estate. But prices have gotten so low that Bongiovanni is seeing more buyers emerge.
What will $200,000, $500,000 and $1,000,000 buy in St. Augustine and the Palm Coast?
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