June 2011 has been one of the most active months for real estate sales and home closings the World Golf Village area of Northeast Florida has seen in quite awhile. Several new construction projects in World Golf Village are also encouraging and the May 2011 home sales inventory was down over 25% from May 2010. “June has been our strongest sales month in nearly five years, with the most closings we’ve seen in any month since 2007,” says Sherry Davidson, president of Davidson Realty, the leading real estate company serving the Neighborhoods of World Golf Village and nearby St. Augustine, Ponte Vedra Beach and Jacksonville.
New construction is also ramping up in the St. Augustine, Florida master-planned golf community. More upscale coach home units are being built in Laterra Links and more units are also underway in The Cascades, an active adult retirement community. Developers recently acquired the previously stalled Isle of the Worlds neighborhood and units there are being completed. Additionally, two estate home lots sold recently in Waterbury and Heritage Cove, new custom homes in Windmill Estates and The Crest are nearing completion and another custom home will break ground soon in Waterbury.