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St. Croix USVI Real Estate & Other Good Things

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St. Croix Sales Data: February 2009

By

On March 7, 2009

In Research Properties

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 last year, active listings are up 15%, # of sales down 47%, and average sales price up 35% (with 11 homes sold, this is a small sampling of island prices).

Condominiums

Since the first of the year, there have been 246 condos on the market on St. Croix, 9 under contract, and 8 sales during the first two months. Average sales price was $509,312, and average % of list price 91%.

Compared to the first two months of last year, active listings are up 18%, # of sales down 33%, and average sales price up 162% (with only 8 homes sold, this is a small sampling of island prices).

Lots/Acreage

Since the first of the year, there have been 622 land parcels on the market on St. Croix, 20 under contract, and 11 sales during the first two months. Average sales price was $104,455, and average % of list price 90%.

Compared to the first two months of last year, active listings are up 19%, # of sales down 68%, and average sales price down 34%.

Statistics are courtesy of the St. Croix MLS.

St. Croix Sales Data: January 2009

By

On February 3, 2009

In Research Properties

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, there were 205 condos on the market on St. Croix; 4 were under contract, and 3 sold during the month. Average sales price was $571,500, average days on market 335, and average % of list price 89.1%.

Lots/Acreage

As of the first of February, there were 507 land parcels on the market on St. Croix; 8 were under contract, and 4 sold during the month. Average sales price was $50,500, average days on market 260, and average % of list price 88.4%.

Statistics are courtesy of the St. Croix MLS.
Kim Lucas, Realtor
Coldwell Banker Land-de Wilde Realty
kim@coldwellbankervi.com
340-626-3758
www.kimlucasvi.com
www.retireinthevi.com

St. Croix Sales Data: 2007 vs 2008

By

On January 11, 2009

In Research Properties

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 21%, from $419,810 in 2007 to $511,532 in 2008. Sales prices closed at 91% of list price in both years.

Condos:

Number of condo sales reflected the single family market but the downturn was not as dramatic. Sales decreased 4%, from 89 in 2007 to 85 in 2008. Sales prices also decreased, from $254,457 in 2007 to $217,196 in 2008, or 14%. Properties sold for 91% of list price in 2008, only slightly down from 2007.

Lots/Acres:

Number of land sales also decreased in 2008, by 19%, from 262 in 2007 to 212 in 2008. Prices increased substantially, 38%, from $116,012 in 2007 to $161,250 in 2008. Percent of list price for sales was down slightly from 2007.

Sugar Mill For Sale

By

On January 11, 2009

In Select Properties

img_1870.JPGUnique St. Croix sugar mill house complete with view and rental history – The home has 4 bedrooms, 4.5 baths, an office, a wonderful 2500 ft. deck, pool, and hot tub with amazing views of Christiansted Harbor. Estimated interior living area is 3,200 sq ft. All this is nestled in the hills of the gated community of Judith’s Fancy!

The unique property was built to resemble the sugar mills so important in St. Croix history, but wasn’t actually an operating mill. Stove, sink, and some base cabinets are available, and wiring and plumbing are already in place for a kitchen in the lower living quarters. There’s also a 12 K generator, 15,000 gal cistern, and septic system. Appliances include 1 range, 2 refrigerators, microwave, dishwasher, washer/dryer, and ceiling fans. There is a security gate, and association fees from Judith’s Fancy.

Some owner financing may be considered.

Directions: Go through Judith’s Fancy gate, take immediate left. Take 1st Right, Judith’s Way. Take next left, Lorraine Lane. 4th drive on right. Stone wall says ‘302.’ Park beside sugar mill.

Below are few photos of the property…
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Tropical Pavilion – St. Croix

By

On October 6, 2008

In Select Properties

12b148134zzzzzzzzz89obe5a7558c2db10a2.jpgIf you’re like me, owning a small bungalow in true Bali style would be a dream come true. Got a small piece of land for a tropical hideaway? Need a creative outbuilding for an art studio? Looking for a private home office? Maybe a tropical retreat for special visitors?

Finally a company called Tropical Pavilion has created just what you need… a pre-manufactured ready to assemble tropical pavilion made from beautiful hardwood. Everything from floor, doors, windows, woven rattan ceiling, right on up to the pre-assembled wood shingle roof comes shipped to your door in one big container. Call up your buddies or hire a carpenter to assemble (10 days is the usual assembly time). Before you know it you’re ready to sip a cool drink from your very own pavilion.

Here is one definition I like… PAVILION [puh-vil-yuhn]: Pavilion may refer to a free-standing structure sited a short distance from a main residence, whose architecture makes it an object of pleasure. Large or small, there is usually a connection with relaxation and pleasure in its intended use.

Perhaps the best part of this story is the price… my favorite pavilion (Model PH16) is under $29,000 for the entire building. Shipping is extra, from Bali to USA is roughly $3,000. Lighting and furnishings are not included.

Special Offer: Mention Cruzana and save an extra $250 off the total price. After purchase simply email Cruzana with the model# and price of the pavilion you purchased. The manufacturer will then mail a check direct to you. For all questions or to order please visit www.tropicalpavilion.com

Here are more details…

  • Made from sturdy, termite-resistant Merbau, legally harvested
  • Model PH16 (shown in photos) is 323 sq. feet for a total 18′ x 15′ footprint
  • Rafter joinery includes stainless steel bolts and screws, hurricane clips optional
  • All exposed woodwork is sanded and professionally coated, like furniture
  • All glass doors and windows are included, you choose sliding or hinged front door
  • 5mm thick Ironwood shingles are overlapped ensuring a lifespan of up to 30 years.
  • Four layers make up the roof with an attractive exposed interior ceiling (rattan or bamboo weave interior layer, plywood, protective aluminium foil then outer Ironwood shingles)
  • Other models and customization is available

Click on photos to see Model PH16…

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North Shore St. Croix Home For Sale

By

On May 16, 2008

In Select Properties

20080207012053445051000000-o.jpgWake up to a view that will take your breath away. Located on top of a mountain overlooking what many consider to be the most beautiful part of St. Croix, the North Shore. See almost the entire island of St. Croix, a full 360 degree view, from Christiansted all the way down to Hamms Bluff. Simply breathtaking in all directions! Very few properties for sale on St. Croix will ever be available with such a stunning view.

The home itself has so many details that make it a truly unique custom home built “on top of the world”. Custom features that everyone will appreciate. Large 620 square foot pool and spa regrouted in 2007, brand new standing seam roof in 2006. Completely furnished with a decorators hand. Main floor is 862 ft above sea level… imagine your view!

Each room on the main level – living, dining, kitchen, and master bedroom – open to the patio and pool, creating great spaces for entertaining and living. There is a formal dining room as well as a patio dining area adjacent to the kitchen. Each room has cathedral ceilings and over-sized custom doors. Each bedroom has private indoor and outdoor sitting space, ensuite baths and generous closets. There is a full sized one bedroom apartment with a private entrance. There is even an elevator from the ground level two car garage to the upper main level. There are 3 laundry areas – a master suite laundry, guest laundry, apartment laundry.

This St. Croix home has it all. The land is a large 2.74 acres. The home has 5 bedrooms, 5 and 1/2 baths, cathedral ceilings, garage and workshop. Comes furnished plus gas grill, satellite dish, spa and much more.

For details contact Realtor Robert Quinn of Calabash Real Estate at 340-690-6080.

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Miramar St. Croix Home For Sale

By

On May 16, 2008

In Select Properties

20070208193334432330000000-o1.jpgLooking for the ultimate luxury home currently for sale on St. Croix, USVI? Look no further. Miramar has everything to make your time on the island simply perfect. You and your guests will surely find this luxury residence breathtaking.

This spectacular property is set on private Solitude Point with panoramic views of the azure blue sea, overlooking the most stunning Virgin Islands landmark… the beautiful nature preserve called Buck Island. Just steps from the water you’ll gaze out over the tranquil tropical ocean each morning and the beautiful St. Croix sunset each evening.

The main house of 11,000 sq.ft. consists of 5 bedroom suites and a 2,400 foot living room with 18 foot granite bar. The kitchen is a gourmet chef’s dream with Wolf appliances and plenty of entertaining space. Palatial outdoor living area is dominated by a fabulous true infinity pool. This property includes so much more… a must see St. Croix luxury home.

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Top 10 St. Croix Real Estate Websites

By

On May 13, 2008

In Find Properties

Looking to move to St. Croix USVI? Try our TOP 10 most helpful websites…

  1. top-ten.jpgA complete and constantly updated list of every St. Croix Realtor
  2. The online version of The Virgin Islands Phonebook
  3. Virgin Islands Property Valuation & Property Tax Website
  4. U.S. Virgin Islands Recorder of Deeds (St. Croix, St. Thomas, St. John)
  5. St. Croix Caribbean Real Estate at Craigslist using keyword Croix
  6. St. Croix Island Real Estate at Ebay using keyword Croix
  7. Realtor.com St. Croix USVI real estate for sale
  8. Relocating and Moving to St. Croix – Forums
  9. Official St. Croix USVI Travel and Tourism website
  10. Coming soon… Maps of St. Croix USVI (the 10 best maps)

Your comments are welcome! Please use the comment form below…

VI Phonebook Online

By

On April 28, 2008

In Find Properties

All phone numbers for St. Croix, St. John and St. Thomas here at VIPhonebook.com

Find St. Croix USVI appraisers, surveyors, attorneys, builders, developers, rental agents and much more. A great online resources for researching your St. Croix USVI real estate purchase! This is the next best thing to a real paper phonebook.

VI Property Revaluation Website

By

On April 27, 2008

In Find Properties

From this Property Revaluation Website you can look up information about property tax accounts and about property characteristics and values.

In depth details from their website:

There have been two phases to development of this site:

PHASE I

Provide access to the Tax Assessor’s files as a public service to taxpayers and others seeking public information available in the files

PHASE II

Give taxpayers access to information on their property that has been collected by VI Property Revaluation
Provide taxpayers the opportunity to view the proposed value for their property before tax bills for the 2006 tax year are mailed.
This is PHASE II. For those of you who are new to the site, you can search for a property by

Parcel Number (printed in the upper right block on the tax bill)
Owner Name
Property Location
Deed information
All of these searches start from the Parcel Search or Tax Bill Search option on the Property Tax Menu in the left screen panel.

PARCEL NUMBER:

In the Parcel – Search screen, enter the Parcel #. This number is found in the upper right block of your property tax bill.
Press enter or click the Search key.
The search results will be displayed at the bottom of the screen. Click on the highlighted parcel number to get more detailed information about the property.
PROPERTY LOCATION:

Enter location information in the Legal Description field of the Parcel – Search screen. The less detail the better.
Make use of the “%” wild card search tool. Example:
You are looking for information on MANDAHL 11-X. The property may be in the system as MANDAHL 11-X or 11-X MANDAHL or ESTATE MANDAHL 11-X or 11X ESTATE MANDAHL. To locate the first possibility simply enter MANDAHL and all property locations beginning with MANDAHL will come up. To narrow the search, enter Mandahl%11 or 11% Mandahl. From the list, select the highlighted parcel number to view detailed information about the property you are seeking.

OWNER NAME

In the Parcel – Search screen, click whether the Name Type is “Individual/Family” or “Org/DBA” (for businesses)
Enter the owner’s last name to get a list of all owners with that last name. In general, the less detail that is entered the more successful the search will be. The last name and the first initial or few characters of the first name of the person you are seeking should be sufficient.
DEED INFORMATION

If you have the Document # and/or Date Recorded for a property, enter it here.
COMBINATION SEARCHES

Example: you can search for all deeds in a particular Estate recorded on the same date. Be sure to press the Clear Fields button whenever you are going to try a new type of search, or the program will try to make a combination search. Or, simply re-click the Parcel Search menu button.

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