Why Price Per Square Foot Swings So Hard in St Andrews Country Club

Key Takeaways

• Median price per square foot across 27 closings: $951.
• Individual closings ranged from $482 to $1,702 per square foot.
• Built 2015 or newer: median $1,250 per square foot, range $1,020 to $1,702.
• Built before 2015: median $898 per square foot, range $482 to $1,295.

Why is the price per square foot so different across St Andrews Country Club?

Build year explains most of it. Houses built 2015 or newer closed at a median $1,250 per square foot, while houses built before 2015 closed at a median $898. Across all 27 closings in the trailing 12 months the figure ranged from $482 to $1,702 per square foot.

A 3.5 times spread inside one gate surprises people. It stops being surprising once you sort the 27 closings by the year the house was built.

The eight newest houses, 2015 and later, cleared $1,020 to $1,702 per square foot. The nineteen older ones ran $482 to $1,295. There is a narrow band of overlap around $1,020 to $1,295 where a well kept older house and a modest newer one meet, and outside that band the two groups barely touch.

What this means when you are comparing two listings

A per foot number carries no meaning in this community unless you attach a build year to it. I have watched buyers rule out a house at $1,400 a foot and chase one at $700, then discover the second needs $2M of work to reach the first. The cheaper number was a renovation budget in disguise.

The newer houses also took longer to sell, a median 63 days against 35 for the older ones, so the premium is not buying speed either. It is buying the condition of the house. More on how that gets measured in how luxury homes get valued.

Bring me two addresses and I will tell you which one is actually the better buy per foot, adjusted for what each one needs. That comparison is free and it takes me about twenty minutes.

FAQ

Why is the price per square foot so different across St Andrews Country Club?

Build year explains most of it. Houses built 2015 or newer closed at a median $1,250 per square foot, while houses built before 2015 closed at a median $898. Across all 27 closings in the trailing 12 months the figure ranged from $482 to $1,702 per square foot.