St. Croix USVI Real Estate & Other Good Things

All GPS Dining Points on St. Croix

Eric — Sat, 15 Jan 2011 16:26:18 +0000

Here’s a “good thing” from Reggie… a kml file using my Garmin GPS with many of the restaurants and dining places on St. Croix. Download the dining.kml file for dining locations on St. Croix. Open file in Google Earth and check it out! And while you’re at it check out my website at wreggie.com…

St. Croix Sales Data: July 2010

Eric — Tue, 24 Aug 2010 12:00:58 +0000

Single Family Homes

July saw a good rise in sales, to 14 units from 9 in June. Average sale price was $559,812, up from $431,667 in June. Average Days on Market was 242, down from 275 in June. These numbers are also substantially better than July, 2009, when 5 homes sold, at an average price of $311,800, and DOM of 295.

Condos

Only 3 condo units sold in July, with an average price of $207,333 and days on market 236. 6 units sold in June, with an average sale price of $360,555 and average days on market 459. In July, 2009, 2 condos sold, with an average price of $168,000 and DOM 296.

Lots/Land

As in June, 7 lots sold in July. Average price was $69,786 and Days on Market 353. Last year, for July, 2009, 15 lots sold, at an average price of $113,300 and DOM 226.

Waterfront Condo in Harbour Beach for Sale

Eric — Mon, 23 Aug 2010 20:10:53 +0000

You can’t get closer to the turquoise waters of the West End of St Croix than in this condo! The views are magnificent and the home is so pleasant and comfortable. Harbour Beach enjoys views to Frederiksted town and the cruise ship pier, and of course the beautiful waters of the Caribbean. All of the rooms in this 1200 square foot one bedroom unit are spacious and the gallery is wide open to the sea. Designed for outdoor enjoyment, the kitchen has a pass-through to the gallery. Breezes flow naturally thru this unit and it is typically cool and pleasant all the time. For those few nights when it is not, there is a split AC unit in the bedroom. The living room furniture and some bedroom furnishings are included in the asking price. Harbour Beach is a gated community with secure parking. A private laundry/storage room of 6 X 10 also comes with the unit. This small complex (18 condos) has an on-site property manager, pool, gazebo, and back-up generator. Fees are reasonable at $480 a month, and the community is self-insured. (which means you’ll need windstorm/flood insurance if you finance your purchase). Vacation and long-term rentals are allowed.

MLS #10-1359. Asking $275,000.

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

Waterfront Home in Judith’s Fancy for Sale

Eric — Fri, 09 Jul 2010 17:18:05 +0000

This 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

Eric — Fri, 09 Jul 2010 17:13:00 +0000

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

Eric — Fri, 09 Jul 2010 16:39:14 +0000

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

St. Croix Cork & Fork

Eric — Sun, 18 Apr 2010 18:07:55 +0000

The other evening we were invited to Annaly Mill for one of St. Croix’s food and wine experiences. This was the Cork & Fork, an intimate dining experience with a celebrity chef and winemaker. The featured chef was renowned Iron Chef winner Kevin Rathbun, the featured winemakers were Kathy and Kent Rosenblum of the celebrated Rosenblum Cellars.

We drove out into the rainforest and arrived at Annaly Mill around sunset. The renovated sugarcane mill was bigger than I expected, about 4 stories high with very thick walls. There were glimmering tiki torches, lush plants and flowers, stone walls and a moist tropical breeze to top off this special night’s ambiance. The feeling was of another time and place… old world, working mill, charming, tropical.

We were greeted by the hosts and introduced to Kevin, Kathy and Kent right away. This was going to be a fun evening! With a glass of Kathy’s Cuvee Viogner in hand we wandered around the mill, the home and the manicured grounds of Annaly Mill. Right in the center of the mill the main dining room was charmingly decorated with white linens, Danish china, candles, and sparkling silver. The long table was set for sixteen. Before dinner was served we climbed the winding stairs to the tip top of the mill where one could see for miles, past mountains and valleys right out to the ocean.

A toast was made in honor of this charitable event and dinner was served. We enjoyed an incredible five courses with different wines chosen for each course. Kevin Rathbun and his team served one delicious course after another while Kent Rosenblum explained why each wine was chosen to compliment each particular dish. Kent also had interesting stories and entertaining history about wine making. We had lots of laughs, interesting guests, and heard many “oohs and ahhs” about the amazing foods and wines.

For more information visit these links… Annaly Mill, Rosenblum Cellars, Kevin Rathbun, St. Croix Food and Wine Experience, all photos by Marjo Aho

St Croix Sales Data: March 2010

Eric — Fri, 09 Apr 2010 18:42:00 +0000

Single Family Homes

6 sales closed in March, with an average sale price of $609,333, median price of $238,000, and 347 days on market. This number compares to 5 sales in February, average sale price of $253,000, median price of $185,000, 304 days on market, and 8 sales in January. In March, 2009 there were 4 sales, with an average price of $261,750, median price of $263,500, and days on market 234.

Condos

4 sales closed in March, with an average sale price of $209,250, median price of $207,000, and 148 days on market. This number compares to 5 sales in February, with an average sale price of $251,800, median price of $225,000, and 330 days on market, and 3 sales in January. In March, 2009, there were 4 sales, with an average sales price of $131,225, median price of $92,450, and 250 days on market.

Lots/Land

7 sales closed in March, with an average sale price of $96,071, median price of $75,000, and 219 days on market. This number compares to 7 sales in February, with an average sale price of $186,048, median price of $120,000, and 268 days on market, and 5 sales in January. In March, 2009, 14 lots sold, with an average sales price of $110,857, median price of $39,000, and days on market 247.

St. Croix Condo For Sale

Eric — Fri, 09 Apr 2010 18:29:04 +0000

For Sale: Beachfront Condo, one of the nicest units at The Reef at Teagues Bay, on the golf course with unobstructed views of the water and Buck Island and a very private patio. The home has 2 bedrooms, 2 baths, is fully furnished, with clay tile and concrete flooring for easy maintenance, and includes all appliances.

The Reef has a beautiful beach, restaurant, pool, and tennis courts across the street. This condo is a great turnkey vacation rental. Rentals are in place through April, and the website and all marketing through November is included. Visit the website at www.carusosreef.com.

Monthly condo fees are $704/month plus an assessment & insurance. Sorry, no pets. Asking $309,000. MLS # 10-62.

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

St. Croix Sales Data: February 2010

Eric — Thu, 18 Mar 2010 13:58:05 +0000

Single Family Homes

5 sales closed in February, with an average sale price of $253,000, median price of $185,000, and days on market of 304. This compares to 8 sales in January of this year. In February, 2009 there were 9 sales, with an average price of $744,556, median price of $472,000, and days on market 301.

Condos

5 sales closed in February, with an average sale price of $251,800, median price of $225,000, and average days on market of 330. This compares to 3 sales in January of this year. In February, 2009, there were 6 sales, with an average sales price of $420,667, median price of $310,500, and days on market 259.

Lots/Land

7 sales closed in February, with an average sale price of $186,048, median price of $120,000, and days on market of 268. This compares to 5 sales in January of this year. In February, 2009, 8 lots sold, with an average sales price $116,375, median price of $62,000, and days on market 260.