Condo Prices on the Fall
With on island housing prices falling to more reasonable levels, we are starting to see more and more condo owners take the leap from owning a condo to owning a house. This creates a floor on housing prices (median price $600k) which to some could be seen as a downside. The upside to this is that due to the rise in condos on the market, we are seeing prices become within reach of many buyers who would not be able to afford one of these before.
When searching St. Thomas Condos here are a few places great deals can be found:
Cowpet West - located next to the Yacht Club
Cowpet East - located near Yacht Club and Ritz
Anchorage - next door to Yacht Club - features tennis courts and pool
Mahogany Run - Units available at fairway village, tennis village, and ocean side views
Sapphire House - best deals at Sapphire can be found here
Please let me know if you have any questions about any available units on the market.