Oyster Bay Harbor Neighborhood Real Estate Update - 2023, 3rd Quarter
We’re still seeing record high sales prices of homes in the Oyster Bay Harbour Community of Fernandina Beach, Florida, despite the rising interest rates. In fact, the average square-foot sales price of a home in the neighborhood is 7% higher than it was just a year ago. As a top listing agent in the Oyster Bay Harbour neighborhood as well as a resident realtor, here's an overview of the current Oyster Bay Harbor real estate market.
Recent Home Sales in Oyster Bay Harbor
Just one home sold during the 3rd quarter of 2023, which was a newer Riverside home I had listed for sale on Park Place. This home was on the market for less than 48 hours.
The $980,000 sales price of this home equated to $366/square-foot. This sales price was a bit higher than the $360/square-foot average sale price seen in the 2nd quarter of this year, and nearly 7% higher than the average square-foot price of homes during the 3rd quarter 2022.
Homes Currently Available for Sale in Oyster Bay Harbor
As of September 30, 2023 there is currently one existing home listed as Active for sale in the Oyster Bay Harbour neighborhood of Fernandina Beach, which is another home I have listed for sale at 96026 Park Place. This home is listed for sale for $1,100,000, or $337/square-foot.
It’s been meticulously maintained and is loaded with high-end features including a brand new whole house generator, newer roof, premium custom woodwork, and it also has a great view of the lake.
New Home/Lot Packages Available for Sale in Oyster Bay Harbor
There are also currently 2 lot/building packages for homes currently listed Active for sale in Oyster Bay Harbour with an average price of $383/square-foot. One is home being built at the end of the bridge near the Yacht Club that is being built by Artisan, and the other is a spec home that is yet to be built by Beckton Home Builders. You may remember that Artisan had several lot/building packages for new Villas listed Active for sale last quarter. However, at this time, they have all been withdrawn from the MLS.
New Homes Under Contract in Oyster Bay Harbor
- *96558 Compass Point – Listed for $899,000 - MLS #103512
- *96569 Bay View - Listed for $879,000 - MLS #103510
- *96557 Bay View – Listed for $843,900 - MLS #103836
- *96600 Compass Point - Listed for $869,000 - MLS #102828
- *96422 Contessa Point - Listed for $779,000 - MLS #98662
- *96401 Contessa Point - Listed for $719,000 - MLS #101678
6 homes are currently Under Contract in the neighborhood, all of which are Villas. They are in the process of being built or planning to be built by the builder Artisan and New Atlantic. The average square-foot price of these homes is $325/square-foot, for a total price of $831,483 per home. However, this listed price may differ from the ending sale price once the homes are fully specked out and built.
Existing Homes Under Contract in Oyster Bay Harbor
The home at 96604 Sandpenny Island is currently Under Contract. This home is listed for $4,650,000 or $593/square-foot. The last time this home sold was in October 2021 and it sold for $2,492,100.
Vacant Lots Available for Purchase in Oyster Bay Harbor
- 96426 & 96430 Conch - $299,900 - MLS #104817
- 96600 Soap Creek - $299,000 - MLS #102936
- *96760 Soap Creek - $290,000 – MLS #105709
- *96614 Bay View - $275,000 - MLS #105816
- 96424 Soap Creek - $275,000 – MLS #105506
- *96442 Soap Creek - $275,000 – MLS #105485
- *96634 Soap Creek - $270,000 - MLS #104020
- *96744 Soap Creek - $235,000 - MLS #104358
- *96720 Soap Creek - $225,000 - MLS #105635
While home sales have stayed hot, vacant lot sales have definitely slowed down. No vacant lots sold have sold this year! There are currently 9 vacant lot listings Active for sale, 3 of which I have listed for sale. Two of the vacant lots are in the Villas area of the community, and the others are marshfront lots on Soap Creek Drive. All have some sort of a marsh view. The average price of these lots is $271,544.
What Buyers are Looking For in Oyster Bay Harbor
I do have several customers I’m working with who are looking for a vacant interior lot in the community, and several more customers who are looking for an existing single-story home in the community. If you have either of these options and would consider selling, please feel free to reach out to me.
Curious how much your home in the Oyster Bay Harbour neighborhood of Fernandina Beach, Florida is worth? Visit my web page devoted to the neighborhood Oyster Bay Harbour at https://www.closewithcolleen.com/oysterbay
Visit https://www.closewithcolleen.com/listing to search for a home in the Oyster Bay Harbour neighborhood, or around Amelia Island and Fernandina Beach, Florida.
How can you find out when a home in the Oyster Bay Harbour Community is listed for sale? Join the Oyster Bay Harbour Buyers waitlist at https://www.closewithcolleen.com/oysterbaywaitlist
Or feel free to call or text me at (904) 866-1211 or email me at colleen@closewithcolleen.com if I can help with any of your real estate needs in the Oyster Bay Harbour community, or around Fernandina Beach, Amelia Island, Yulee, or Nassau County, Florida.
ABOUT TOP FERNANDINA BEACH REALTOR COLLEEN GERKE
Colleen Gerke is a Top Producer Realtor in Fernandina Beach, Amelia Island, Yulee and the surrounding Northeast Florida area. Colleen has a top 5-Star rating on Zillow, Yelp, Realtor.com and Facebook. She strives to be the best real estate agent you’ve ever worked with! Whether you’re looking to sell your house in Fernandina Beach, move to Amelia Island, or add a Florida property to your rental portfolio, you’ll have a stress-free real estate experience when you Close with Colleen.
*Home is not listed for sale by Colleen Gerke of Engel & Volkers First Coast.
Categories
Recent Posts
