Amelia Island Plantation Blog


Real Estate Update at Amelia Island Plantation

The results from the first quarter of 2012 for Amelia Island real estate bode well for the balance of the year, if the established pattern of sales continues. Unit sales of homes, villas and homesites are up in the first quarter of 2012 by 25% over 2011. Your local community real estate team, Amelia Island Plantation Real Estate, has accounted for 3 out of every 4 sales (75%) of all sales activity in the Amelia Island Plantation community. This should come as no surprise as historically our team accounts for 75% to 80% of all real estate activity in the oceanfront resort community. The second quarter has gotten off to a solid start as well with 12 new contracts. Another encouraging sign for the local real estate market is the total inventory of properties available for sale has dropped from 260 properties to just under 240 properties. If this trend continues, it may show that the slide of property values is near its end. In 2010, properties sold for an average sales price of $582,623. The average sales price in 2012 year-to-date is $595,618 - a very good sign!  We will continue to track this trend as we would all love to declare that the market has hit bottom and is officially on the rise again. I am also excited to announce that we have added a new sales executive to our team, Randy Goshorn. Randy is originally from Pennsylvania and has 15 years experience as a real estate sales professional. Six of those years were spent selling and listing resort residential real estate. I have had the pleasure of working with Randy before and jumped at the chance to add him to my team on Amelia Island. Randy is currently living in our Beachwood villa community. If you get the chance, please welcome him to the neighborhood. You can contact Randy at rgoshorn@omnihotels.com or 904-277-5199. In marketing news, our new website has entered its final phase of development and we are expecting its release this summer. The advent of the new website and the addition of our new customer relationship management technology, once again has Amelia Island Plantation Real Estate on the leading edge of industry technology. In addition, we have recently added another 27 websites to our network of promotions, bringing our list marketing websites to over 75. Considering the current signs in the marketplace, if you have been thinking about purchasing another property in our community, it may be time to pick up your next home. If I can be of service to you in any way, please do not hesitate to contact me at masnip@omnihotels.com or 904-277-5100.

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