One of the most frequently asked questions we get as realtors with Islandia Real Estate is, “how is the market doing on St. John?” We are, after all, the ones who should know.  Islandia’s market share year to date in sales, $25,313,599, the next highest company coming in at $13,555,000. It is so nice to be able to respond that this has been a very good year for Buyers and Sellers.  Residential sales are up 50% with the sold volume up 70%, and buyers in the past have been able to choose from a nice selection of real estate in their price point.  Buyers are now realizing that their choices are diminishing. There have been 15 sales so far this year in the 1M+ range and 3 of those sales in the 3M+ range. The most popular residential sales are for 3 or more bedrooms.

Pending sales year to date are also up by 32% and statistics show the sales are coming in at 89% of list.

Trunk Bay

Questions regarding the market, contact Jane Kelly at 941.544.5855