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Are you thinking of buying a piece of Amelia Island Real
Estate? Amelia Island is the most northeastern barrier
island in Florida, located in Nassau County, near the Georgia
border. A beach vacation destination with posh
resorts and fabulous
golf (Ritz-Carlton hotel and Amelia Island Plantation
resort), Amelia still retains a small-town “old Florida”
atmosphere.
During 2004 and the first half of 2005 Amelia Island real
estate was booming. The average sales price of a home
sold on the island was around 30% higher in 2005 than the
previous year, there are “locations” on the island
that experienced an even higher rate of appreciation.
In 2005 the average sales price of an oceanfront condo/villa
sold on Amelia Island was $831,312, up about 22% from the
previous year’s average sales price. The estimated midpoint
or median sale was around $630,000.
Home sales on Amelia Island (single-family residential)
for 2006 is down about 20%. While the pace of sales activity
has slowed this year and more waterfront
homes are on the market, the average sold price for Amelia
Island single-family homes was $576,923, up 20% from the same
period last year.
Amelia Island Real estate is currently a buyers market
for most property types and price ranges. There are many
instances where sellers have dropped their asking price due
to competition, which is leaving an unusually high number
of homes for sale. Amelia Island homes that have been priced
above market value will tend to sit there.
Amelia Island Florida Real Estate To Consider
- Amelia Island Plantation - Discover the extraordinary
selection of homes, homesites and villas at Amelia Island
Plantation. Each features a variety of views, floor plans
and prices. Whether you're looking for a year-round residence
or a seasonal retreat, you'll find it here.
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Osprey Village - from the moment you pass under
the shaded canopy of live oaks and through the gated entrance,
you'll notice the great attention to detail, the lush
landscaping and quiet neighborhood feel of this unique
retirement community.
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Summer Beach - offers the ultimate in luxury. Single-family
homes, condominiums, townhouses, villas and penthouses
are designed not just to meet your expectations, but to
exceed them. Touted by New York Magazine, Summer Beach
is an unmatched place to bask in glorious sunrises and
sunsets while enjoying all the amenities available onsite
and on the island.
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