Taking a moment to reflect over another good year of real estate sales on St. George Island, a big "THANKS!" goes out to all of you who were our customers this year. We appreciate it!
In 2013, our team was again the top performer in our area, and also the top performer on St. George Island. Our total in sales volume just topped $23,000,000 for the year (and we still have 2 closings to go this week!), well ahead of all our competitors.
We couldn't have done it *without* our competitors, mind you, as every real estate transaction has two sides, and the realtor on the other side is a big part of making every transaction a success. We appreciate every one of those other realtors as well.
On St. George, the total sales overall were pretty much even with last year, in number of sales and dollar volume of sales, with the average sales price hovering right around $348,000 for the island, both in 2012 and 2013. Our team sales averaged $560,221 on St. George, well above the average for St. George, as we did a larger percentage of the big beachfront/bayfront/first tier sales than most.
In the entire MLS area, sales volume was up about 11%, while number of sales was up just 4%, making for an uptick in the average sales price from $153,850 in 2012 to $160,858 in 2013. These averages count all the sales in the area, from St. George to the Cape, to Apalach, Eastpoint, and Carrabelle. Our team sales average for the whole region was $405,096, again, well above the average for our area because we handle a large portion of business on St. George, along with Apalach and Eastpoint sales. Our sales ranged from a $16,000 sale in Wewahitchka to a $1,800,000 beachfront sale on St. George.
And, we already have 5 properties under contract scheduled to close in the new year, so here's to 2014 starting out with a bang as well.
Stable and increasing figures like these signal a healthy real estate market in our region. Our traditional buyer base is definitely back, both end-users and investors, and we are happy to see them all!