C R U Z A N A

St. Croix USVI Real Estate & Other Good Things

Month: July 2010

Waterfront Home in Judith’s Fancy for Sale

breakers_stcroix.jpgThis exquisite, fully furnished, income-producing waterfront villa will be sold completely turnkey. With 3 bedrooms, 2 baths, 2000 SF, on 1.07 acres, priced at $875,000, the home is not only a great investment but offers a lifestyle at an affordable price.

Use for your St Croix paradise hideaway, or let vacationers pay your mortgage until you are ready to make this lovely place your home. The villa stays booked all year with repeat customers. Owners have developed websites with full financial information, videos, photos and other details. Contact agent to learn more about the home or the business package designed for buyers who want to continue to utilize the villa as a vacation rental and keep the brand name.

Contact Kim Lucas, Realtor, for your private showing. Buyer Agent St Croix, East End Plaza, PO Box 24147, Christiansted, VI 00824. 340-626-3758.

St Croix Sales Data: June 2010

Single Family Homes

9 homes sold in June, with an average sale price of $431,667, median price of $433,000, and average days on market 275. The number of sales has increased since the first of the year, but average and median prices are still decreasing. Days on market have shortened as well this year.

Condos

6 units sold in June, with an average sale price of $360,555 median price of $322,250, and average days on market 459. The number of sales has stayed steady this year. Prices have fluctuated widely because of the small number of sales. The same is true of days on market.

Lots/Land

7 lot sales closed in June, with an average sale price of $40,500, median price of $33,500, and average days on market 263. As with condos, land sales have held steady this year. Prices and days on market have fluctuated considerably.

St Croix Sales Data: ’09 ’10 Comparison

Below are the second quarter statistics about property sales for the last three months, and a comparison to June of ’09. These numbers are encouraging!

Second Quarter Home Sale Statistics

Month # sales Average sales price Median sales price Average days on market
April ‘10 6 $354,983 $280,000 252
May ‘10 10 $475,418 $217,590 251
June ‘10 9 $431,667 $433,000 275
June ‘09 3 $325,833 $295,000 217

Second Quarter Condo Sale Statistics

Month # sales Average sales price Median sales price Average days on market
April ‘10 7 $245,357 $207,000 280
May ‘10 5 $119,350 $200,000 213
June ‘10 6 $360,555 $322,250 459
June ‘09 3 $261,500 $254,500 278

Second Quarter Land Sale Statistics

Month # sales Average sales price Median sales price Average days on market
April ‘10 7 $46,714 $45,000 300
May ‘10 5 $103,580 $95,000 141
June ‘10 7 $40,500 $33,500 263
June ‘09 6 $37,000 $35,000 274

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