For those of you watching our market, you already know that much of our sales activity has been in the lower price range under $500k. There are currently 168 homes on the market for sale and of those only 7 are priced under $500k. That’s because 18 properties sold in the past 12 months in this price range and now only a handful are left in the inventory. Of the 7 homes priced under $500k, only 1 is currently active in a short term rental program – turn key, income producing Click to view listing(s) “Tree Frog Cottage” is a cute 1 bdrm rental located in the Coral Bay area. We are experiencing much showing activity at this cottage and mark my word, this one will be pending soon! For more information on “Tree Frog Cottage” or other real estate questions regarding properties on St. John, USVI, please contract me at lynngiovanna@gmail.com cell 340-344-1825. Have a sunny day! Lynn
