Three weeks of franchise expansion announcements? Yes please! This time, we're pleased to share our latest growth in Ponte Vedra Beach and San Marco, marking the tenth and eleventh Engel & Völkers shops opened in Florida this year, and the eighth and ninth locations in northeast Florida. The strategic expansion is part of our franchisee Corey Hasting’s regional growth plan; he already owns four other brokerages located in Amelia Island, Jacksonville, Jacksonville Beach, and Neptune Beach.
Real estate in Ponte Vedra Beach has been trending upward, increasing nearly 30% since August 2021. The median home value has now reached $780,000, selling at $348 per square foot. In addition, as the average home price in San Marco is listed at $358,000, Hasting and Engel & Völkers look to tap into the growing market and establish themselves as go-to real estate advisors in the area. The average sales price for Hasting’s shops exceeds $560,000, which is 30% higher than the average sales price of hom...
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