Here are some interesting notes from the Amelia Island MLS statistics for March 2021. With total homes sales the average sale price was 99.7% of list price. It was actually lower than January when homes here sold for 100% of listing price on average. With all home sales we saw 26% of those to be cash sales. Condo sales in March were at 98.4% of listing price. Cash sales on condos accounted for 57% of the total.
Cash sales still have a leverage advantage in this current market but the sale price still needs to be adequate for the seller. In this ultra competitive buying market there are some strategies that are proven to give buyers an advantage to gaining a winning offer. Call me for details if you are interested.