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Some Real Estate Markets Boosted by FCAT Results

6:39 PM, Jun 30, 2011   |    comments
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ST. JOHNS COUNTY, Fla. -- Students in St. Johns County have scored the highest in the state on the Florida Comprehensive Achievement Test for three years running.

That's not only a good indicator of how good the schools are, but also how well the area's real estate market is fairing.

According to the Northeast Florida Association of Realtors, the average home price on the First Coast so far this year is $130,000.

In St. Johns County, the average is $208,258.57. The lowest average price is $94,875 in southwest St. Johns County. The highest is $293,935 in the southern Ponte Vedra/Vilano Beach/Palm Valley/Nocatee area. 

This year St. Johns received an "A" from the state overall.  Duval County has a lower average home price and earned a "B." 

The average home value in Duval County is $123,258.33, with the lowest average price of $18,500 in the Springfield/Downtown/Paxon/Trout River South areas.  The highest average home price in Duval County is in Neptune Beach at $219,000.

Nassau County also has an average home price above that of the rest of northeast Florida at $140,000.  Nassau County Schools earned a grade of "A."

Realtor Donna Wendler, of the St. Johns Realty Group, said the quality of the education system in an area is more important for home buyers now than ever.

"Having a good school district is a wonderful factor and resale-wise, for somebody; even if they don't have children in school, it's a selling point," said Wendler.

She said any positive factor that will help a home retain its value is a draw for home buyers.

St. Johns County School Superintendent Joe Joyner said he was pleased with the system's FCAT scores and is glad the schools have become such a positive for the area.   

"I don't think it's just the schools, because this is a wonderful community.  Lots of people want to live in SJC.  It's just a great place to live and there are wonderful people here," said Joyner.

"I would like to think that schools have a lot to do with it."

MORE: SEE DISTRICT GRADES  

MORE: INDIVIDUAL SCHOOL GRADES

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