As of February 4, 2021. YoY Percentage Change

St. Croix’s real estate market is booming at the start of 2021! For those hoping for a better year, the market sure is delivering. Homes enter and exit the market within days in some instances if priced correctly and staged well. The $1 million+ bracket has seen multiple closings, boosting sold volume 80% and average sales price 60%.

Condos are performing equally well. While the average sales price is down 8%, sold volume has more than doubled and the number under contract is up a healthy 50% which will surely boost the average sales price in the months ahead.

Land and commercial/industrial market activity yields positive gains as well. Limited residential inventory in the under $450,000 price range has fueled land sales, resulting in a whopping 1,209% increase in sold volume and a 747% gain in the average sales price.

If you’ve been pondering selling, now is a fantastic time. Call us for more detailed market analyses and to get your property on the market!

Skyscapes: Buck Island with East End Views

Season’s Greetings!
 
We wish everyone a joyous holiday season. Despite the very tough year, we are here and grateful.
 
Our usual Festival celebrations have gone virtual and have been re-imagined thanks to the hard work of the Festival Committee! This is a great opportunity to learn about St Croix’s Festival celebrations. We’ve included links to a few videos below that give some history on a few of our traditions. Enjoy!
 
A dialogue with Willard John & Chalana Brown on the history of Mocko Jumbie and Masquerade in St. Croix and the broader US Virgin Islands
 
Try this authentic Coquito recipe to get a taste of St. Croix for the holidays
 
INSERT THE FESTIVAL OF LIGHTS MOTORCADE

Enjoy our traditional quelbe music featuring Stanley and the Ten Sleepless Knights.
 
As we close 2020, we are happy to announce that Jay Rollins is a new Blue Sky agent. He joins the recent addition of Ismail Yusuf and Yahya Yusuf. Bios and pics coming soon!
 
We close December 22, 2020 and open on January 7, 2021. Of course, all of our agents are available via phone and we can make special appointments.
 
Stay safe!
 
Cheers to 2021!
 
Best,
Caryn, Stephanie and Everyone at Blue Sky

Read the complete Newsletter Here.

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