Realty Times - St. Simons Island, Georgia Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Georgia > St. Simons Island

Market Conditions Summary for St. Simons Island, Georgia

Reported by

Guerry Norwood
as of 11/21/2008:

Now is the Time to Buy Coastal Georgia Property Interest Rates are at historical lows and dropping. This area has strong local banking networks with plenty of money to lend. The Coastal economy is booming and the area is prospering, with or... MORE->
About Guerry Norwood

Reported by

Sally Hardman
as of 11/21/2008:

The average list price for the whole of St. Simons at 2nd quarter end was $617,384 compared to the average list for the 3rd quarter of $488,674. To compare the sales prices received on St. Simons Island, the 2nd quarter average sold price... MORE->
About Sally Hardman

Reported by

Herb Miles
as of 11/7/2008:

St Simons Island, GA: - November '08 St. Simons Island began to show signs of life in May, but took a nose-dive in August. October saw only 10 Single Family Homes and 5 Condo Units reported sold during the month. October Sales Prices were... MORE->
About Herb Miles

Reported by

Dee Wright
as of 7/3/2008:

Summer has definitely arrived on St. Simons Island and there seem to be more buyers on the island looking at real estate since the weather improved. We hope for a brisk summer in sales ahead! Interest rates are starting to climb upward again... MORE->
About Dee Wright

Average Current Market Rating: 1.5 (4 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.3 (4 ratings)

1	2	3	4	5
Falling			Rising

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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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