St Croix Real Estate Market Reports (April 2025)

St Croix Real Estate Market Reports (April 2025)

For the recent sales data, inventory, and days on market for the St. Croix, USVI real estate market, download our newest Coldwell Banker St Croix real estate market reports! There is a report for each category: Homes & Condos, Condos, Homes, and Land!

We are Accredited Buyer’s Representative (ABR) and Seller Representative Specialist (SRS) and have the experience and local knowledge to help you in every step of the process. We will help you narrow down neighborhoods based on your priorities. Whether you are searching for a starter home or a forever home, we will also advise you on the market trends in your desired neighborhoods. Let us help you find your dream home. Contact Chris and Christie! Luxury real estate, residential real estate, condominiums, and more — contact us here.

Open St Croix Real Estate Reports by clicking on links below:

Homes & Condos – April 2025 Report

Homes – April 2025 Report

Condo – April 2025 Report

Land – April 2025 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

Buying a Home Sight Unseen

Buying a Home Sight Unseen

Sometimes off island buyers with tight timelines do not have the flexibility to travel to look at a listing in person. In this situation, it is important to partner with a trusted brokerage and an experienced Realtor who can help you navigate the process. We have worked with numerous clients in this situation and we are happy to share our experience. 

What is our approach to helping Buyers who can’t be here in person to look at properties?

Chris Powers: We have sold properties to off island buyers sight unseen and we are carefully cautious every time. We explain to Buyers that we will do our best to help them make the best decision for their situation. If the listing has photos with poor lighting and no walkthrough videos available, or if there’s something our Buyers particularly want to see, we take our own onsite photos or videos. 

Christie Powers: We try to be their eyes and ears where possible. Once a Buyer asked for close-up photos of all of the plumbing fixtures. One house was on a rough road, so we took a driving video. We have done FaceTime calls to walk through the property with Buyers answering their questions as we went. The first time they actually saw the house was after it had closed and we handed them the keys!

What are ways to mitigate risk of buying sight unseen? 

Chris Powers: Buying a property is a big financial decision. We always remind Buyers about:

  • Carefully watching all listing videos that show the property (sometimes including a self-guided 3-D tour)
  • Reading through any available documents such as maps, surveys or plot maps, list of improvements, rules and regulations, and floor plans from the listing
  • Hiring a home inspector to do a thorough inspection
  • Including a contingency clause in the contract that may provide you with an out should inspections reveal any issues with the property

If you have any questions about this topic or others for Chris and Christie Powers, please email them to christiepowers@coldwellbankervi.com. Visit their Instagram page and Facebook page.

Preparing for a home appraisal

Preparing for a home appraisal

If you require a home appraisal, preparation will be important. When buying or selling a home, a home appraisal determines whether the sale price of the home is more, less, or similar to the market value.

It is required by mortgage lenders, primarily as a security measure so they can ensure they’re not loaning you more than the house is worth. Since the home serves as the borrower’s collateral, the accuracy of the appraisal matters significantly.

Likewise, when a homeowner is refinancing their existing mortgage, the lender will have the home appraised to confirm its market value before extending a new loan.

We have put together a list of recommendations for homebuyers and sellers when preparing for a home appraisal:

For Homebuyers:

  • Know your contingencies before you sign an Offer to Purchase. If you are buying with a mortgage, an appraisal will be ordered by the mortgage company, and this will happen during the mortgage contingency. Occasionally with a cash purchase an appraisal contingency can be added.This could allow you to walk away from the deal if the appraisal turns out lower than expected.
  • A competitive market can make it tempting to offer more than a house is worth. Don’t go overboard if you don’t have the extra cash to cover the difference between a higher offer and the actual appraised value.
  • Accept that the outcome is out of your control: As the buyer, you don’t have much, or any, influence over the results of the appraisal.

For Sellers:

  • Make a list of improvements to maximize credit for renovations or repairs you’ve done by providing details about work completed on the property. Tell the appraiser what you did (i.e., added a garage), when you did it, how much you spent, and provide photos and receipts if possible.
  • Clean and declutter. If the appraiser is coming to your home, put in some effort to make it look its best by tidying up and stashing clutter out of sight. Maximize your curb appeal by mowing the lawn, raking leaves and cleaning up flower beds.

Want to see the 4 surprising factors that can affect a home appraisal? Read our other blog article here.

Read more about home appraisals in our April 2025 newsletter here and our video guide below with a step-by-step overview of the home appraisal process.

4 surprising factors that can affect a home appraisal

4 surprising factors that can affect a home appraisal

A home appraisal is an objective, professional assessment done by a licensed Appraiser to determine how much a home or property is worth. When buying or selling a home, an appraisal determines whether the sale price of the home is more, less, or similar to the market value.

Here are 4 surprising factors that can affect a home appraisal:

  1. LocationA home’s location in terms of its neighborhood, schools, access to transportation, and proximity to amenities, will generally result in a higher appraisal value. Conversely, homes in areas with negative factors may have lower appraisal values. 
  2. Condition of the Property: Appraisers assess the condition of a home, considering factors like the age, quality of construction, and the condition of key elements like the roof, windows, and foundation. A well-maintained property with no major issues will likely receive a higher appraisal. 
  3. Market Trends: The current state of the real estate market will influence your home’s appraisal value. Current market conditions, such as supply and demand, interest rates, and recent sales, also influence the appraisal.
  4. Renovations and UpgradesWhile renovations can increase the value of a home, appraisers will also consider the quality and type of work done. Renovations that increase the usable square footage, number of bedrooms, or bathrooms, or that enhance the home’s overall appeal will likely have a positive impact on the appraisal. 

Read more about home appraisals in our April 2025 newsletter here and our video guide below with a step-by-step overview of the home appraisal process.

Winners of the 2025 Taste of St Croix

Winners of the 2025 Taste of St Croix

This year Taste of St. Croix is celebrating its 25th anniversary! This even has been one of the Caribbean’s signature culinary events featuring superb food and drinks presented by the region’s favorite eateries.

The event took place this year on April 8th at the Divi Carina Bay Resort and Casino. Taste of St Croix was once again a sold out event and hundreds of foodies delighted in sampling a variety of appetizers, entrees, desserts and vegetarian dishes served up by the island’s top eateries.

Congratulations to this year’s competition winners:

Beverage
1st Place: VLP Enterprise
2nd Place: Local Harvest Cafe
3rd Place: Sugar Rush

Soup & Stew
1st Place: Chef Ozzie Kitchen
2nd Place: Wokame Island Sushi
3rd Place: Rita Chiverton

Vegetarian
1st Place: Vital Vibration
2nd Place: Vital Vibration

Local Fare
1st Place: Divi Carina Bay Resort
2nd Place: Savior’s Journey
3rd Place: Wokame Island Sushi

People’s Choice
1st Place: 1756 Grutto
2nd Place: Wokame Island Sushi
2nd Place: Vital

Appetizer
1st Place: Boots & Bones Restaurant
2nd Place: Through The Grapevine Rest
3rd Place: Jubilee by Laddie in Stx

Entree
1st Place: Boots & Bones Restaurant
2nd Place: Through The Grapevine Rest
3rd Place: Jubilee by Laddie in Stx

Dessert
1st Place: Sugar Rush
2nd Place: The Sweet Stuff
3rd Place: The Sweet Stuff

Presentation
1st Place: Sugar Rush
2nd Place (tie): Cibone; Sweet Stuff
3rd Place (tie): Cheff Ozzie Kitchen; Local Harvest Cafe

Read more about the event on VI Daily News and the VI Consortium.