A current trade-group study found no single nationwide pattern: data center concentration aligned with stronger home values and jobs, but also higher utility costs.
Across the US, data centers remained rare: 92% of counties had none, just 1% had 10+, and the top 10 counties held 42%.
Counties with 10+ facilities showed a $431.75K median home value and ~$89K household income, versus $174.5K and ~$64K where none existed.
Broker feedback stayed mixed for homes: 25% saw nearby residential gains, 22% saw declines; commercially, 50% saw value gains and 42% stronger land demand.
Energy costs led client concerns at 61%, followed by water use at 56%; that made local market intelligence especially valuable in affected communities.
Author: Lucia Fernandez
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US Data Centers Split Housing Outcomes | Luxury and coastal real estate throughout St Augustine, Ponte Vedra & Jacksonville.
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US Data Centers Split Housing Outcomes | Luxury and coastal real estate throughout St Augustine, Ponte Vedra & Jacksonville.
A current trade-group study found no single nationwide pattern: data center concentration aligned with stronger home values and jobs, but also higher utility costs.
Across the US, data centers remained rare: 92% of counties had none, just 1% had 10+, and the top 10 counties held 42%.
Counties with 10+ facilities showed a $431.75K median home value and ~$89K household income, versus $174.5K and ~$64K where none existed.
Broker feedback stayed mixed for homes: 25% saw nearby residential gains, 22% saw declines; commercially, 50% saw value gains and 42% stronger land demand.
Energy costs led client concerns at 61%, followed by water use at 56%; that made local market intelligence especially valuable in affected communities. -
US Data Centers Split Housing Outcomes | Luxury and coastal real estate throughout St Augustine, Ponte Vedra & Jacksonville.
A current trade-group study found no single nationwide pattern: data center concentration aligned with stronger home values and jobs, but also higher utility costs.
Across the US, data centers remained rare: 92% of counties had none, just 1% had 10+, and the top 10 counties held 42%.
Counties with 10+ facilities showed a $431.75K median home value and ~$89K household income, versus $174.5K and ~$64K where none existed.
Broker feedback stayed mixed for homes: 25% saw nearby residential gains, 22% saw declines; commercially, 50% saw value gains and 42% stronger land demand.
Energy costs led client concerns at 61%, followed by water use at 56%; that made local market intelligence especially valuable in affected communities. -
US Data Centers Split Housing Outcomes | Luxury and coastal real estate throughout St Augustine, Ponte Vedra & Jacksonville.
A current trade-group study found no single nationwide pattern: data center concentration aligned with stronger home values and jobs, but also higher utility costs.
Across the US, data centers remained rare: 92% of counties had none, just 1% had 10+, and the top 10 counties held 42%.
Counties with 10+ facilities showed a $431.75K median home value and ~$89K household income, versus $174.5K and ~$64K where none existed.
Broker feedback stayed mixed for homes: 25% saw nearby residential gains, 22% saw declines; commercially, 50% saw value gains and 42% stronger land demand.
Energy costs led client concerns at 61%, followed by water use at 56%; that made local market intelligence especially valuable in affected communities. -
US Data Centers Split Housing Outcomes | Luxury and coastal real estate throughout St Augustine, Ponte Vedra & Jacksonville.
A current trade-group study found no single nationwide pattern: data center concentration aligned with stronger home values and jobs, but also higher utility costs.
Across the US, data centers remained rare: 92% of counties had none, just 1% had 10+, and the top 10 counties held 42%.
Counties with 10+ facilities showed a $431.75K median home value and ~$89K household income, versus $174.5K and ~$64K where none existed.
Broker feedback stayed mixed for homes: 25% saw nearby residential gains, 22% saw declines; commercially, 50% saw value gains and 42% stronger land demand.
Energy costs led client concerns at 61%, followed by water use at 56%; that made local market intelligence especially valuable in affected communities. -
US Data Centers Split Housing Outcomes | Luxury and coastal real estate throughout St Augustine, Ponte Vedra & Jacksonville.
A current trade-group study found no single nationwide pattern: data center concentration aligned with stronger home values and jobs, but also higher utility costs.
Across the US, data centers remained rare: 92% of counties had none, just 1% had 10+, and the top 10 counties held 42%.
Counties with 10+ facilities showed a $431.75K median home value and ~$89K household income, versus $174.5K and ~$64K where none existed.
Broker feedback stayed mixed for homes: 25% saw nearby residential gains, 22% saw declines; commercially, 50% saw value gains and 42% stronger land demand.
Energy costs led client concerns at 61%, followed by water use at 56%; that made local market intelligence especially valuable in affected communities. -
US Data Centers Split Housing Outcomes | Luxury and coastal real estate throughout St Augustine, Ponte Vedra & Jacksonville.
A current trade-group study found no single nationwide pattern: data center concentration aligned with stronger home values and jobs, but also higher utility costs.
Across the US, data centers remained rare: 92% of counties had none, just 1% had 10+, and the top 10 counties held 42%.
Counties with 10+ facilities showed a $431.75K median home value and ~$89K household income, versus $174.5K and ~$64K where none existed.
Broker feedback stayed mixed for homes: 25% saw nearby residential gains, 22% saw declines; commercially, 50% saw value gains and 42% stronger land demand.
Energy costs led client concerns at 61%, followed by water use at 56%; that made local market intelligence especially valuable in affected communities. -
U.S. Listings Rise 2.6% in Late Summer | Luxury and coastal real estate throughout St Augustine, Ponte Vedra & Jacksonville.
New listings of US homes rose ~3% MoM in Mid-Q3 to their highest level in over four years, as mortgage-rate lock-in eased.
Total homes for sale also grew ~4% MoM in Mid-Q3, widening overall supply as more sellers adjusted to slower market conditions nationwide.
Pending home sales were essentially flat MoM in Mid-Q3, while closed sales edged lower, showing buyers remained selective as supply improved nationally.
High housing costs kept demand stagnant: the median US sale price reached ~$399K after a yearly ↑2%, while mortgage rates averaged near 7%.
More listings let buyers compare homes, negotiate price, repairs or closing costs, and ~60% of homes sold below original asking price in Mid-Q3. -
U.S. Listings Rise 2.6% in Late Summer | Luxury and coastal real estate throughout St Augustine, Ponte Vedra & Jacksonville.
New listings of US homes rose ~3% MoM in Mid-Q3 to their highest level in over four years, as mortgage-rate lock-in eased.
Total homes for sale also grew ~4% MoM in Mid-Q3, widening overall supply as more sellers adjusted to slower market conditions nationwide.
Pending home sales were essentially flat MoM in Mid-Q3, while closed sales edged lower, showing buyers remained selective as supply improved nationally.
High housing costs kept demand stagnant: the median US sale price reached ~$399K after a yearly ↑2%, while mortgage rates averaged near 7%.
More listings let buyers compare homes, negotiate price, repairs or closing costs, and ~60% of homes sold below original asking price in Mid-Q3. -
U.S. Listings Rise 2.6% in Late Summer | Luxury and coastal real estate throughout St Augustine, Ponte Vedra & Jacksonville.
New listings of US homes rose ~3% MoM in Mid-Q3 to their highest level in over four years, as mortgage-rate lock-in eased.
Total homes for sale also grew ~4% MoM in Mid-Q3, widening overall supply as more sellers adjusted to slower market conditions nationwide.
Pending home sales were essentially flat MoM in Mid-Q3, while closed sales edged lower, showing buyers remained selective as supply improved nationally.
High housing costs kept demand stagnant: the median US sale price reached ~$399K after a yearly ↑2%, while mortgage rates averaged near 7%.
More listings let buyers compare homes, negotiate price, repairs or closing costs, and ~60% of homes sold below original asking price in Mid-Q3.