Market Analysis of St Croix Sales Jan 1 – April 30, 2009 vs Same Period in 2008
This year so far, 26 single family homes have sold vs. 41 last year in the first 4 months, a decline of 36%. Average price this year has been $514,000 vs. last year $488,173. Days on Market (continues…)

Single Family Residential
Sales: 4 homes sold on St Croix in March, with an average sales price of $261,750, and average days on market 234. This compares to 12 sales in March, 2008, with an average sales price of $435,416 and days on market 155.
Condominiums
Sales: 4 condos sold in March, (continues…)

Single Family Residential
Since the first of the year, there have been 328 single family residential homes on the market on St. Croix, 22 under contract, and 11 sales during the first two months of the year. Average sales price was $713,364, and average % of list price 87%.
Compared to the first two months of (continues…)

Single Family Residential
As of the first of February, there were 270 single family residential homes on the market on St. Croix; 9 were under contract, and 4 sold during the month. The Average Sales Price was $451,500, average days on market 248, and average % of list price 92.9%.
Condominiums
As of the first of February, (continues…)

Below is 2007 versus 2008 sales data for the St. Croix, USVI real estate market. Data provided courtesy of REALTOR® Kim Lucas of Coldwell Banker VI.
Residential:
Single Family Residential Sales decreased 34% in 2008 from 2007. The number of sales went from 178 in 2007 to 117 this last year. However, average sale price increased (continues…)