Aug 30, 2022 | Island News
According to an article in the VI Consortium, Virgin Island Tourism has seen a rebound after “Covid-related decimation of the industry” and that reports “show that from June 2021 to May 2022, the USVI had the highest hotel occupancy in the region.” Here are some highlights:
- Tourism Commissioner Joseph Boschulte said over 450,000 people traveled to the USVI in the first three months of 2022, and the visitor arrivals were up 153 percent compared to the same period in 2021.
- Reports show the territory had the highest average daily rate in the region at $637 during that same time period.
- USVI tourism also led in revenue per available room at $461.61.
The VI Tourism officials has a rosy outlook for 2023. Transportation Security Administration data showed that the USVI was the fastest-growing location for total airlift capacity in the Americas from 2019 to 2021. Additionally, the USVI cruise industry is expected to see triple the numbers of passengers in St Croix’s cruise port in Frederiksted in 2023.
More visitors mean more people will have the opportunity to fall in love with our island paradise, experiencing our friendly people, delicious foods and picture perfect beaches! If you plan on visiting us soon and is interested in buying a second home or a forever home on St. Croix, we are here to help you find the perfect home! With exceptional properties in the territory to choose from, your dream of owning a slice of paradise can soon become a reality. Contact us with any questions.
#stcroix #stcroixusvi #virginislands #caribbean #tourism #travel #vacation #homebuying #realtor #realestate #realestateagent #coldwellbanker
Aug 10, 2022 | Reports
Do you may have questions about the current market for Homes, Condos and Land on St. Croix? Putting your property on the market for sale or buying a property in the current market is a big decision. Our area reports compare recent and historical sales activity for all property types; single family homes, condos, and land. The reports are available below and we encourage you to take a look at them. If you have any questions, please give us a call or email us directly. We would love to work with you to list your property for sale or help you find the property of your dreams on our wonderful island.
Open reports by clicking on links below:
All Property Types – July 2022 Area Report
Single Family Homes – July 2022 Area Report
Condos – July 2022 Area Report
Land – July 2022 Area Report
Note: The average sales price and the average days on market could be skewed greatly by only one sale or because of the small number of sales.
#stcroixusvi #usvirginislands #virginislands #realestate #realtor #coldwellbanker #caribbean #caribbeanhomes
Jul 29, 2022 | QA
Published on our July 2022 Newsletter
Question: Why should I buy property now if I’m not going to move to St. Croix for a while?
Chris’ Answer: St. Croix is a very diverse island. The east end is different from the west end. The north shore is different from the south shore. The more you move west, the more rainfall you’ll get. Some people like living higher in the hills, and others want to be in flatter areas, or on the water. Sometimes it’s important for people to be near the activities they like best, for example, eating at their favorite restaurants, diving, hiking, or just lying on their favorite beach.
Every property here is unique! It’s rare that you’ll see two houses that are the same. Even condos in the same complex will have different views. That’s why our advice is that if you find a house, condo, or land which appeals to you, buy it now! If you wait, you will probably not find a property which is as good a fit as the property you didn’t buy when you had the opportunity. If it takes you time to move here, you can rent a home or condo long-term, or as a vacation rental. Our experience includes years of property management. We are happy to share that knowledge with you and can steer you in the right direction.
#stcroixusvirealestate #realestate #realtor #stcroixusvi #virginislands #coldwellbanker #caribbean #homebuying
Jul 29, 2022 | QA
Published on our July 2022 Newsletter
Question: What makes a listing attractive?
Christie’s Answer: Some of the sale listings we see surprise us and NOT in a good way! The photos show the owners’ personal items on the counters or all over the bedrooms, photos are taken vertically instead of horizontally, the lighting is poor, the descriptions are uninteresting, there are no walkthrough videos or drone videos and photography, properties are even mapped incorrectly — they are literally shown in the wrong location on St. Croix and occasionally even off-shore in the Caribbean Sea! These mistakes and omissions are detrimental to the marketing of your property.
In our listings, we are as accurate and descriptive as we can be. The personal items are removed or hidden. We have crisp clear photos, videos when we feel they can help give the buyer a better feel for the property (including a self-guided 3-D tour), and any documents which may include maps, surveys or plot maps, list of improvements, floor plans or anything else which would give buyers useful information. We even use drone photos and videos when those are appropriate.
We have sold properties to off island buyers sight unseen. If the listing has poor photos, or if there’s something our buyers want to see, we take those photos or videos. One house was on a rough road, so we took a driving video for the buyers, and then did a FaceTime call to walk through the property with them. We answered their questions as we went. The first time they saw the house was after it had closed, and we handed them the keys! It’s important to us that each sale is the right fit for the buyers, it’s always “the moment of truth” in these type of situations, but our Buyers were totally delighted and excited!
#stcroixusvirealestate #realtor #realestate #stcroixusvi #virginislands #caribbean #coldwellbanker #homebuying #homeselling
Jul 27, 2022 | Reports
St Croix, the big island, is just over 84 square miles in size. While that might seem small, the island has so many different areas to live in. The big takeaway from this month’s area reports is, that across all property types, the average sale price increased by just over 38% and the Days On Market (DOM) decreased by over 41%!
We understand you may have a lot of questions about the current market for Homes, Condos and Land on St. Croix. Putting your property on the market for sale or buying a property in the current market is a big decision. Our area reports compare recent and historical sales activity for all property types; single family homes, condos, and land. The reports are available on our website, and we encourage you to take a look at them. If you have any questions, please contact us. We would love to work with you to list your property for sale or help you find the property of your dreams on our wonderful island.
Open reports by clicking on links below:
All Property Types – June 2022 Area Report
Single Family Homes – June 2022 Area Report
Condos – June 2022 Area Report
Land – June 2022 Area Report
Note: The average sales price and the average days on market could be skewed greatly by only one sale or because of the small number of sales.
#stcroixusvi #usvirginislands #virginislands #realestate #realtor #coldwellbanker #caribbean #caribbeanhomes
