Lot Sales Up on St. George Island

The number of lot sales on St. George Island is up 15% year-to-date.  This year through today, 31 lots have closed on the island with an average sales price of $149,066 and a median sales price of $112,000.  In 2013, for the same period, there were 27 lot sales with an average sales price of $133,474 and a median sales price of $89,000.  This indicates a 12% rise in value.  It’s great to see building and construction on the island!