Sales Activity Strong on St. George Island

Last week was busy!  Got two of my lot listings under contract and one of my buyers placed a house under contract.   The final May numbers are in, and there were 25 transactions closed on St. George Island, compared to only 19 in May 2012.  The total dollar volume sold in May was $10,132,500, the highest month since August 2006.

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Residential Sales Activity Up 31% YTD on St. George Island

The real estate market has definitely recovered on St. George Island, Florida.   Year to date, there have been 55 total house sales.  Last year at this time, the number of closed houses sales was only 42.  (Time period is January 1 – May 21).  62% of the sales this year were in the $200,000 to $499,999 range.  Three sales were over a million dollars.

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