Are You Asking Yourself These Questions About Selling Your Home in St. Augustine?

Selling a home is a big decision; if you're like many homeowners, you may have a few pressing questions before moving. Some concerns are valid, but others may be holding you back unnecessarily. Let’s break down the most common questions I hear from sellers in St. Augustine and what the latest market data says.

Is It Even a Good Idea To Move Right Now?

If you’ve been thinking about selling, but the idea of taking on a higher mortgage rate has stopped you in your tracks, you’re not alone. But here’s the thing—your home’s value has likely risen significantly in recent years.

According to the National Association of Realtors (NAR), the typical homeowner has gained $147,000 in equity over the last five years. That’s a huge financial advantage when selling. Even if you secure a higher interest rate on your next home, the equity from your current home could help lower your new mortgage payment or allow you to make a cash purchase.

Local home values have remained strong due to continued demand, especially for properties in desirable areas like Anastasia Island. If you’ve owned your home for a while, chances are, you’re sitting on a lot of equity.

Will I Be Able to Find a Home I Like?

For the past few years, home inventory has been tight, making it tough for buyers to find the right property. But here’s some good news: inventory is up 24.6% year-over-year, meaning you now have more options than you did a year ago.

Even though the supply of homes for sale is still below pre-pandemic levels, more homes are hitting the market, and experts predict inventory will continue to rise.

If you’re looking to stay local, communities like Silverleaf, Madeira, and World Golf Village have new construction homes coming available, giving you a better chance of finding the right fit.

Are Buyers Still Buying?

With mortgage rates fluctuating, some sellers worry that buyers aren’t active. But the numbers tell a different story. Last year, over 4.2 million homes sold nationwide—that’s about 11,600 homes sold per day!

Buyers are still out there, and demand remains strong—especially for move-in-ready homes in sought-after locations.

Waterfront homes, historic district properties, and updated single-family homes in top school districts continue to attract serious buyers. If your home falls into these categories, you’ll likely see strong interest.

Bottom Line: Should You Sell Now?

If uncertainty has kept you on the fence, it’s time to get real answers based on data—not fear. With strong home equity, improving inventory, and steady buyer activity, now could be a great time to sell—especially in St. Augustine’s high-demand market.

Thinking about making a move? Let’s discuss your specific situation and how to maximize your home sale. Reach out today, and let’s explore your options!