St. Croix Real Estate Market Update – Summer 2025 Edition

What's Selling, What's Not, and Why It Matters for Homeowners, Condo Sellers, and Landowners

If you own property in St. Croix, now is a great time to check in on the market. The latest data reveals important trends across residential homes, condos, and land. While some segments are showing strong sales and price growth, others are seeing more competition and slower movement. Here’s what sellers need to know this month.

Homes

What’s selling

Well-prepared homes with realistic pricing continue to attract attention. Buyers are responding to listings that offer value, updated finishes, and clean presentation.

May 2025 Snapshot

• Absorption rate: 11.57 months

• Average sale price: 665,056 dollars

• Median sale price: 634,500 dollars

• Median days on market: 145

• Year-to-date sales: 64 (up 18.5 percent)

Homes are still moving, but overpricing or poor condition can slow results. Sellers who invest in prep work are seeing faster offers and stronger returns.

Condos

What’s selling

Condos are moving more than last year, but buyers remain cautious. Updates, good association management, and clear fee structures make a difference.

May 2025 Snapshot

• Absorption rate: 10.63 months

• Average sale price: 295,071 dollars

• Median sale price: 284,500 dollars

• Year-to-date sales: 62 (up 44.2 percent)

• Active listings: 101 (up 65.6 percent)

Financing can be challenging for some condo communities, and high fees may affect buyer decisions. Cash buyers and investors continue to play a strong role in this segment.

Land

What’s selling

The land market remains the slowest segment, with high inventory and longer timelines. Most movement is happening in lower price brackets.

May 2025 Snapshot

• Absorption rate: 31.94 months

• Average sale price: 65,458 dollars

• Median sale price: 46,000 dollars

• Median days on market: 315

• Year-to-date sales: 50 (slightly down from last year)

With over 500 active land listings this year, pricing is key. Buyers are watching and waiting for value. Flexibility, clear access, and clean title can help attract offers.

Market Comparison: Absorption Rates

Property Type	May 2025 Absorption Rate
Homes	11.57 months
Condos	10.63 months
Land	31.94 months

Absorption rate is a measure of how long it would take to sell current inventory at the current pace of sales. Lower numbers suggest a faster-moving market. Higher numbers reflect slower activity or excess supply.

Seller Tips for Summer

• Prep your property to show its best. A little cleaning and touch-up work goes a long way.

• Be transparent with fees and conditions. Buyers are doing their homework.

• Use summer to get ahead. While activity tends to slow during the warmer months, preparing and listing now positions your property to be seen by serious fall and winter buyers.

• Price with intention. While listings are growing in number, quality options are still limited. Properties that are priced right and show well continue to stand out and sell faster.

Ready to Sell?

Whether you're listing a home, a condo, or land, a well-informed strategy is key. I can help you understand your property’s position in today’s market and walk you through the entire sales process.

Let’s connect for a personalized market analysis and a plan that fits your goals.

---

📚 Sources:

• St. Croix MLS Data (May 2025) – Internal market reports