Here are final year-end MLS statistics for Amelia Island real estate purchased in 2018. These are important trends for buyers and sellers to keep in mind.
With regards to home sales there were 25.1% cash sales. In addition homes sold at 97.8% of their original listing prices. With the condominium sales, there were a total of 298. Cash sales accounted for 54.7% of all sales. Condos sold for 96% of their listing prices during 2018.
Let me know if you have any questions about these local trends. There are variances based on neighborhoods and condo complexes.