St. John Real Estate Guide
Comprised of four main islands, the Virgin Islands are made up of the following islands: St. John, St. Croix, St. Thomas, Water Island, each offering a unique living experience. The smallest of all the islands, St. John is 9 miles long and 2 miles wide with approximately 60% of its land serving as a national park. St. John boasts 5000 acres of pristine National Parks deeded by Lawrence Rockefeller in 1956. While all that wonderful nature is to be truly enjoyed, it also makes for a smaller and more expensive real estate market.
St. John, also known as “love city”, is a laid back, lusciously green and pristine island. Many of the beaches have coral reef that is rather close to the shore so this makes St. John a great island for snorkeling. Aside from all of the water activities to partake in, this quaint island has a surprising number of fine dining options and high-end shopping that makes it impossible to run out of things to do! Like St. Thomas, St. John is ideally situated for cruisers as the it enjoys close proximity to the BVI’s providing a multitude of day trip possibilities.
St. John Homes for Sale
St. John offers waterfront luxury homes, condominiums, vacation and timeshare properties. In 2018, the average St. John homes for sale had a listing price of $2,104,000 which has fallen approximately 13% in 2018 compared to 2017. In 2018, the average home sold for $1.049M. The average number of days that a property remains on the market is 240 days. While the overall number of condominiums sold has decreased by 14%, the current market is seeing positive trends which is great news for sellers.
The main opportunities for employment include positions with the National Park Service, tourist industry, the medical clinic, and retail sales. If you’re due to retire from your 9 to 5 job and aren’t quite ready to own property, a vacation rental may be an option to consider. The sale of commercial and land properties is showing signs of recovery as new land listings increased by 9% in 2018. In 2020, there has been activity in all price points of the real estate market, with a boost in the high-end market — the average residential sales price is just under $1.3M for 2020 to date.
Neighborhoods in St. John
St. John is comprised of five quarters: Cruz Bay, Coral Bay, Maho Bay, Reef Bay, and East End. Although St John has approximately 4,500 year-round residents, the majority of people live in Cruz Bay and Coral Bay.
While all of these areas share in the tranquil beauty of the island, each has a unique personality. Learn more about the real estate market and culture of each area via the links below.
- Cruz Bay– the bustling main town on the island of St. John, in close proximity to Chocolate Hole
- Maho Bay & Peter Bay – located on the north shore of the Island, Maho Bay is lush and serene
- Coral Bay – peaceful and quaint, Coral Bay is St John’s “other” city, considered the quiet counterpart to Cruz Bay Town
- East End of St John – where nature abounds, with a remote and quiet atmosphere
- Reef Bay – Though Reef Bay is mostly part of Virgin Islands National Park, the residential area runs along the western side of Reef Bay, plus Ditleff Point and Fish Bay.