What St. Croix’s August Market Numbers Are Really Telling Us

St. Croix Market Insight – August 2025

If you’ve seen the latest market update for St. Croix, you already know the numbers. You can see that there are 162 residential properties, 105 condos, 352 parcels of land, and 50 commercial listings currently for sale.

The question isn’t what the numbers are, it’s why they matter. Whether you’re thinking about buying, selling, or simply keeping an eye on the market, the story behind the statistics can help you make a better decision.

Let’s break it down together.

1.⁠ ⁠Residential Listings – 162 Homes for Sale

At first glance, 162 might not seem like a huge number. But compared to last year, the island’s housing inventory has grown. Across the territory, residential listings went from 863 last year to 977 this year (through August).

For buyers, this means more choice than you had a year ago. You’re not competing for the same handful of listings like in some past seasons. But here’s the nuance, more homes on the market can also mean more room for negotiation, depending on the price bracket and location.

For sellers, more inventory means more competition. Your home will be compared to more options than before, which makes presentation, pricing, and marketing more important than ever. This is the season to be intentional about how your home is positioned.

2.⁠ ⁠Condominiums – 105 Listings

Condos have had one of the biggest jumps in inventory. Territory-wide, we’ve gone from 610 condo listings last year to 709 this year. On St. Croix, we’re sitting at 105 condos for sale right now.

For buyers, that’s a good sign, especially if you’ve been holding out for a specific location or price range. It’s a chance to be choosy and find something that really fits your lifestyle.

For sellers, higher condo inventory means pricing is crucial. The buyer who’s looking at your unit is also looking at a dozen others, so details like staging, updated photos, and highlighting what makes your location unique really count.

3.⁠ ⁠Land – 352 Parcels

Land is the quiet giant of our market. We currently have 352 parcels for sale on St. Croix, with the territory’s overall inventory rising slightly from 1,203 last year to 1,237 this year.

For buyers, this is the moment to think long-term. Land sales don’t usually move at lightning speed, but in a growing inventory environment, you may have leverage to secure a property in a location you love before future demand shifts.

For sellers, the key is patience and pricing strategy. Land is a slower sell by nature, and with more than 350 options available just on St. Croix, standing out might require creative marketing or flexible terms.

4.⁠ ⁠Commercial Properties – 50 Listings

Commercial inventory on St. Croix is currently 50 listings, down slightly territory-wide from 239 to 227 year-over-year. That dip tells me there’s a steady interest in business opportunities here, which isn’t surprising, small business growth has been one of the most consistent trends on the island.

For buyers and investors, this is a category to watch closely. Commercial spaces can go quickly when the right location and price come together.

For sellers, the slightly tighter supply works in your favor, but the right buyer pool is smaller, meaning targeted marketing is key.

How Long Are Properties Taking to Sell?

Days on Market (DOM) is one of my favorite stats because it shows the market’s pace.

From last year through August this year, here’s where we stand:

• Residential: 220 days

• Condominiums: 225 days

• Lots/Acres: 369 days

• Commercial: 416 days

• This tells me two things:

We’re still in a thoughtful market, buyers aren’t rushing into offers, and sellers aren’t making decisions overnight.

Properties that are priced well and presented beautifully still move faster, but in general, patience is part of the process here.

For buyers, longer DOM means you often have time to do due diligence without the fear of losing a property the same day it’s listed. For sellers, it means planning ahead, pricing right from the start and keeping your property market-ready can help shorten that timeline.

Why Should You Care?

The numbers themselves are easy to glance over, but here’s what they’re really saying to both buyers and sellers.

For Buyers:

More Choice, More Time: Inventory growth across most property types means you’re less pressured to make lightning-fast decisions.

Negotiation Potential: In some cases, more listings can mean sellers are more open to negotiation, especially if their property has been on the market for months.

Long-Term Planning: Land and condos are both abundant right now. If those are on your radar, this could be your season to make a move without heavy competition.

For Sellers:

Competition Is Real: More inventory means you’ll need to make your property stand out—through pricing, presentation, and marketing.

Buyers Are Thoughtful: Homes aren’t flying off the shelf. Buyers are taking their time, which means your property needs to hold their attention.

Seasonality Still Matters: We’re in the heart of summer. As we move toward the winter season, we often see an uptick in activity, so timing could work in your favor.

What Might Be Driving These Numbers?

Several factors could be contributing to the year-over-year increases in active listings:

• Post-pandemic relocation patterns are stabilizing, and more properties are coming on the market.

• Owners testing the market, some are curious about current pricing after seeing home values rise.

• Economic shifts, interest rates, global markets, and local business activity all influence buying and selling.

• Seasonal timing, inventory often builds before the high season as sellers prepare for the busiest months.

So, Buy Now or Wait? Sell Now or Wait?

Buyers – If you’ve been frustrated by limited options in the past, now is a much better time to look. But don’t assume that means you can wait forever, good properties still move when priced right. The sweet spot is being ready with financing so you can act when you see something that truly fits.

Sellers – You can absolutely sell now, but recognize that it’s a more competitive field than it was a year ago. If you list now, focus on making your property memorable and pricing it in line with market realities. If you’re not in a rush, you could also use the next couple of months to prep your property for peak season.

The Bottom Line

The August 5 numbers for St. Croix aren’t just a market snapshot, they’re a story of movement, opportunity, and choice. More listings mean more conversations, more possibilities, and more chances for both buyers and sellers to make smart moves.

If you’re curious about where you fit in this picture, whether you’re considering selling, thinking about buying, or just watching the trends, I’m always happy to talk it through.

You can book a time online or just send me a message.