Find the monthly insight and sales data for the St. Croix, USVI real estate market! We have downloadable June Coldwell Banker real estate reports — available below for each category: All Properties, Condos, Single Family Homes, and Land! The sales data will be help you understand the number of listings sold, days on market, the median price listed and sold, and much more.
If you are not familiar with with the implications of the data, please give us a call or email us directly with any questions. 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 can help you narrow down neighborhoods based on your priorities. We can also advise you on the market trends in your desired neighborhoods.
Question: “What are the different zoning codes I will see on a listing?”
Chris’ Answer:
When you are buying land to build your island home, it is important to know if you can use the land as planned. The most common zones you will see:
R-1 – residential, low density, set backs – 15 feet all sides R-2 – residential low density (1 – 2 family dwellings), set backs – 15 feet front, 10 feet rear and sides
These are all of the zones:
A-1 Agricultural District A-2 Agricultural District R-1 Residence—Low Density R-2 Residence—Low Density R-3 Residence—Medium Density R-4 Residence—Medium Density R-5 Residence—High Density B-1 Business—Central Business District B-2 Business—Secondary B-3 Business—Scattered B-4 Business—Residential Areas C Commercial I-1 Industry—Heavy I-2 Industry—Light W-1 Waterfront—Pleasure W-2 Waterfront—Commercial—Industrial P Public S Special
Contact us with any questions about home buying on St. Croix. We have worked with many Buyers on and off the island to purchase their dream home on St. Croix. We can help you with every step of the process.
Question: “What are zoning codes and what do the different codes mean?”
Christie’s Answer:
We get this question a lot from buyers and sellers! Zoning codes are a set of rules that regulate what can and can’t be done on a particular piece of property. There are four different types of land use zoning:
Functional zoning – residential, commercial, waterfront, administrative, industrial, and green space.
Intensity zoning – high density, average density, low density, no development.
Incentive zoning – rewards for development in defined areas.
Form based zoning – focuses on physical characteristics, defined as a form of urban identity.
Contact us with any questions about home buying on St. Croix. We have worked with many Buyers on and off the island to purchase their dream home on St. Croix. We can help you with every step of the process.
Your monthly insight into the St. Croix, USVI real estate market! We have downloadable May Coldwell Banker real estate reports — available below for each category: All Properties, Condos, Single Family Homes, and Land! The sales data will be help you understand the number of listings sold, days on market, the median price listed and sold, and much more.
If you are not familiar with with the implications of the data, please give us a call or email us directly with any questions. 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 can help you narrow down neighborhoods based on your priorities. We can also advise you on the market trends in your desired neighborhoods.
We are very excited to hear about this new program and the increased access to reliable high-speed internet for residents in the territory. We hope this also means a stronger USVI economy! As reported by the VI Consortium recently, the U.S. Virgin Islands is set to receive a grant of $1,249,952.00 from the Department of Commerce’s National Telecommunications and Information Administration (NTIA) as part of the Broadband Equity, Access, and Deployment (BEAD) program as part of the Biden administration’s “Internet for All” strategy.
In addition to this grant, NTIA recently announced an allocation of $150,000 in Digital Equity planning grant funding for the USVI. This federal funding brings USVI’s total to nearly $1.4 million, granted through the Bipartisan Infrastructure Law, to facilitate the development and implementation of affordable, equitable, and reliable high-speed Internet services across the territory. The BEAD grant would enable the territory to extend affordable broadband access to even the most remote parts of the islands, ensuring all Virgin Islanders can benefit from the digital economy.
