Archives for January 2014

Plantation Gulf View Lot For Sale – St George Island

1452 Dogwood Drive is a spacious homesite in St. George Plantation.  The one-acre corner lot, 47 Sea Palm Village, is ideal for a vacation home or primary residence.  Trees, vegetation, small pond.  You will likely have gulf views from a home built on pilings.  List Price:  $120,000.

1452 Dogwood Drive - $120,000

1452 Dogwood Drive – $120,000

Dixie Theatre’s Professional Season – Apalachicola

One of the great assets in Franklin County is the Dixie Theatre in Apalachicola.  This historic building provides the stage for many wonderful events.  The professional season is now underway.  See the upcoming schedule below.  Go to www.dixietheatre.com for ticket information and more details.

Dixie Theatre

Jan. 24-25 – Pas De Vie Ballet

Jan. 31-Feb. 1 – Tribute to Patsy Cline

Feb. 7-8 – Bob Milne Ragtime Piano

Feb. 12-March 1 – Mrs. Mannerly

Feb. 14-March 1 – Almost Maine

Mar. 8 – Elvis and Friends Do The Dixie

Mar. 15 – Sligo Line

Mar. 22 – Saltwater Dance with Del Suggs

Mar. 29 – Sarah Mac Band

 

 

2014 Off to a Great Start on St. George Island

Real estate sales activity is off to a great start in 2014.  Since the first week in January, thirteen properties on St. George Island have gone under contract.  This is a huge burst of activity, and a great way for the real estate market to start the new year.  Six transactions have already closed this month, as of 1-20-14, compared to only three for the entire month of January in 2013.

Questions for Buying Property on St. George Island

If you are considering the purchase of a vacation home, now is a great time to act.  The market has stabilized and prices are still very reasonable on St. George Island.  Here are some questions to ask yourself before your start your property search.

  • Where do I want to be?  On St. George Island, your choices are gulf front, gulf view, bay or interior.  Or you can choose the Plantation, Gulf Beaches , East End or Business District.
  • What is the purpose of my purchase?  Will this be a rental home, a second or vacation home, a retirement home or a telecommuter home?
  • Do I want to buy an existing home or buy a lot and build?  There are advantages to each.
  • What type of amenities do I want?   Pool (onsite or community), tennis, security, beach, beach access, architectural restrictions, boat dock on-site.
  • What home features are most important?  Bedrooms, baths, layout, interior finishes, kitchen, etc.
  • How much do I want to invest?   Determine your budget and price range.
  • Will I pay cash or finance the purchase?  Most financial institutions currently lend up to 75% of the purchase price or appraised value, whichever is lower.

If you need more information about buying on St. George Island, please contact me hspohrer@stgeorgeisland.com or 850-899-1262.

Best Time to List Your St. George Island Property

I am frequently asked, “When is the best time to list my property?”  You should list when you are ready to sell, but there are other considerations.  Spring is always a busy time of year for sales activity on the island so you should have your property getting full market exposure during this time.  Historically, 40% to 45% of all transactions on the island close in March, April, May or June.   The slowest time for closings is November, December and January.

Sold sign-BW 2

 

Gallery Opening Reception – Valdosta, GA January 13

You are invited to a gallery opening reception at the Turner Center for the Arts in Valdosta, GA on Monday, January 13 from 5:00 to 7:30 pm.  The exhibit will feature John Spohrer’s “The Seasons of Apalachicola Bay,” Ruth Kahler’s “A Retrospective,” Irene Dodd’s “Euroscapes” and the DrawProject Exhibition and fundraiser auction.  John & I will be there.

exhibit-card-front-jan2014_web-550x417

 

 

2013 Market Summary – St. George Island

2013 was another good year for St. George Island real estate sales.  The market continued to improve and remain stable.  The average sales price increased 4%, from $381,146 in 2012 to $396,611 in 2013.  The “days on market” decreased 5% from 281 to 268.  And the inventory decreased 6% from 190 in December 2012 to 178 Jan 2014.  The total number of transactions closed decreased 5% from 170 in 2012 to 161 in 2013.  These statistics cover all property types on St. George Island and are derived from data provided by the Multiple Listing Service of the Realtor Association of Franklin & Gulf Counties.

Sunrise sea oats on St. George Island

Sunrise sea oats on St. George Island

SOLD! 133 Ave B, Apalachicola

Congratulations to new owners Pat & Mariterese Balthrop who recently purchased the former Willis home in Apalachicola at 133 Ave B.  This 4400+ sq ft home sits on five city lots in the heart of the South Historic District and was built circa 1895.  The wood floors and grand staircase are just a few of the many original features in this unique property.

133 Ave B

SOLD! 524 West Gorrie Dr, St George Island

This charming beachfront home on St. George Island just closed for $787,450.

SOLD:  524 West Gorrie Drive, SGI.

SOLD: 524 West Gorrie Drive, SGI.

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