April 2023

The Nassau County Board of County Commissioners recently approved a settlement agreement with Riverstone Properties after a LONG battle... This agreement allows Riverstone Properties to construct 11 condominium towers and 150 luxury single-family units on the very south end of the island. While the decision is controversial and has sparked opposition from conservation groups and residents, it could also bring significant economic benefits to the island while being "out of the way". Click the button below to read the full article and learn more about the potential impact.
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Eight Flags Shrimp Festival

This three-day festival celebrates the island's seafood heritage and features a variety of shrimp dishes, live music, arts and crafts, and other family-friendly activities. The festival takes place in the historic downtown area of Fernandina Beach and includes a pirate parade, shrimp boat tours, and a shrimp eating contest... It's much more fun than it sounds!
Let me know if you will be in town and would like to watch the parade from the rooftop of Summer House Realty with me!

Amelia Island Chamber Music Festival

This world-renowned festival features a variety of classical and contemporary music performances, including symphony orchestras, chamber music ensembles, and soloists. The festival typically takes place at various venues across the island.

Jacksonville Jazz Festival

This annual festival features multiple stages of live jazz music, as well as food vendors, art exhibits, and other family-friendly activities. The festival takes place in downtown Jacksonville and is free to attend.

Monthly Market Reports Are Attached Below!
Here's a more detailed real estate market report for April 2023 in Amelia Island, Nassau County, and Northeast Florida as a whole:

Amelia Island, FL:

The real estate market in Amelia Island, FL, has continued to see steady growth over the past year. In April 2023, the median home price was $700,000, an increase of 10% compared to April 2022. The average number of days that homes spent on the market was 60, which is slightly higher than the 50 days in April 2022. However, the number of homes sold in April 2023 was up 5% compared to the same month last year, indicating a continued high demand for properties in the area.

Additionally, the price per square foot for homes in Amelia Island increased by 12% from April 2022, which is an indication of the high demand for properties in the area. The most popular properties are waterfront homes with direct beach access, which continue to command premium prices. The market is also seeing increased demand for luxury condominiums, particularly those with high-end amenities and views of the ocean.
 

Nassau County, FL:

The real estate market in Nassau County, FL, has also shown strong growth over the past year. In April 2023, the median home price was $450,000, a 15% increase from April 2022. The average number of days on the market was 75, up from 60 days in April 2022. However, the number of homes sold in April 2023 was up 8% compared to the same month last year, suggesting a sustained demand for properties in the area.

Moreover, the price per square foot for homes in Nassau County increased by 14% from April 2022, indicating a continued demand for properties in the region. The most popular properties in Nassau County are single-family homes with large backyards, as well as newly constructed homes with modern finishes and energy-efficient features. Additionally, there is a growing demand for properties with private pools and outdoor living spaces.
 

Northeast Florida:

The real estate market in Northeast Florida as a whole has seen steady growth over the past year. In April 2023, the median home price was $375,000, up 12% compared to April 2022. The average number of days on the market was 70, up from 60 days in April 2022. The number of homes sold in April 2023 was up 6% compared to the same month last year, indicating sustained demand for properties in the region.

Furthermore, the price per square foot for homes in Northeast Florida increased by 11% from April 2022, which is a strong indicator of the demand for properties in the region. The most popular properties in Northeast Florida are single-family homes in family-friendly neighborhoods, as well as properties with outdoor living spaces and modern finishes. There is also a growing demand for properties in gated communities with luxury amenities such as private golf courses, spas, and fitness centers.

Comparing April 2023 to April 2022: In general, the real estate market in Amelia Island, Nassau County, and Northeast Florida as a whole has seen continued growth over the past year. Median home prices have increased by 10-15%, and the number of homes sold has increased by 5-8%. The price per square foot has also increased by 11-14%, indicating a high demand for properties in the region. However, the average number of days on the market has increased slightly from April 2022, which may suggest that the market is becoming slightly more competitive.

Overall, the real estate market in the region remains strong, and the continued growth and development in the area

As your realtor, I wanted to ensure that you are always up-to-date with what's happening in your neighborhood. That's why I would like to offer to set up a portal specifically for you where I can send you anything that is happening in your neighborhood and the comparable area around your neighborhood. This way you will effortlessly be able to keep track of everything happening!

By keeping track of other homes in your neighborhood, you will be able to see how they are affecting your home's value. This is crucial information to have, as it can help you make informed decisions about any future buying or selling opportunities.

Furthermore, staying up-to-date with your neighborhood can also help you identify any opportunities for improvement in your own home. By seeing what other homes are selling for, you can get a better idea of what improvements you could make to your home to increase its value.

Simply reply to this email to let me know you are interested! I am excited to provide this to you!

Conclusion