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Current Market Snapshot - Residential on St. George Island
May 28th, 2007 11:55 AM

Sales and Inventory History

Monday, May 28, 2007
Category - Residential / Area: 02 - St. George Island
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2006 1 $2,350,000 $2,250,000 95.74% 57.0 223 223.00
February 2006 1 $950,000 $900,000 94.74% 586.0 236 236.00
March 2006 1 $1,650,000 $1,550,000 93.94% 297.0 262 262.00
April 2006 5 $1,224,600 $1,174,800 95.93% 250.0 280 56.00
May 2006 3 $1,501,667 $1,366,667 91.01% 215.0 286 95.33
June 2006 7 $1,349,000 $1,290,186 95.64% 35.0 290 41.43
July 2006 4 $1,447,219 $1,333,500 92.14% 110.0 299 74.75
August 2006 6 $1,592,333 $1,417,500 89.02% 272.0 298 49.67
September 2006 1 $1,199,000 $1,050,000 87.57% 42.0 281 281.00
October 2006 3 $1,664,967 $1,390,000 83.49% 58.0 265 88.33
November 2006 3 $965,967 $844,200 87.39% 295.0 250 83.33
December 2006 3 $999,333 $855,000 85.56% 270.0 243 81.00
  
January 2007 3 $1,649,333 $1,425,000 86.40% 386.0 233 77.67
February 2007 4 $1,737,000 $1,637,500 94.27% 118.0 248 62.00
March 2007 5 $803,400 $736,600 91.69% 388.0 254 50.80
April 2007 7 $1,466,982 $1,334,271 90.95% 454.0 255 36.43
Current 2007 3 $1,119,133 $995,000 88.91% 223.0 256 85.33
  

Note: The "Current Inventory" column reflects the number of active listings on the market on the 16th day of each Month.The "Months of Inventory" column is equal to the "Current Inventory" divided by the "Monthly Sales". This reflects how many months it would take to sell out of inventory at the current month’s rate of sale.

--Information deemed reliable but not guaranteed--Copyright: 2007 by the REALTORS® Association of Franklin & Southern Gulf Counties, Inc.

Prepared by KARA LANDISS of PRUDENTIAL RESORT REALTY on 5/28/2007 11:53:51 AM

Posted by Kara Landiss, Realtor on May 28th, 2007 11:55 AMPost a Comment (0)

Sea Turtle Nesting Season Has Begun!
May 18th, 2007 8:48 AM

St. George Island’s first sea turtle nest of 2007 was an exciting event, and unusual in more ways than one!  Sea turtles typically nest under dark skies, and the common turtle for the St. George Island area is the Loggerhead turtle.  On the morning of Tuesday, May 15, while conducting her morning nesting survey, Volunteer Turtler Nancy Brush came upon the unusual phenomenon of a nesting Leatherback turtle.  The shell of this “smallish” Leatherback measured 43 inches across and 61 inches long.  She left tracks over eight feet wide, and a nesting site nearly 20 feet across.  Marine turtle permit holder Bruce Drye speculates that she is a young turtle, and that she may return to the island beach again soon, as female Leatherbacks nest an average of seven times each season, in average intervals of nine days. 

If you're visiting the coast anytime between May and November - you may have the opportunity to witness this or the hatching of the babies later in the summer!  Please be mindful of these wonderful creatures by clearing your tents and things from the beach at night and turning off any exterior lights so not confuse them by the light.  In the past as children, I remember we used to grab flashlights and try to guide the babies to the water; which we now know is not a good thing to do.  The hatchlings instincts are to follow natural light that reflects off the water; other light is a distraction and can threaten their survival.  


Posted by Kara Landiss, Realtor on May 18th, 2007 8:48 AMPost a Comment (0)

Fun Facts about our Piece of Paradise!
May 3rd, 2007 7:19 AM

Fun Facts!

  • St. George Island and the other barrier islands in the chain are thought to be around 5,000 years old.
  • 200,000 years ago, sea level was approximately 350 feet lower than it is now, making Florida about twice the size it is now.
  • Eastpoint was founded in 1896 by a communal farming group of settlers from Nebraska and got its name from the town across the bay, Westpoint now known as Apalachicola!
  • As many as 300,000 baby loggerhead turtles hatch each year on St. George Island!
  • In 1954 Lanark Estates Inc. from Miami FL bought most of Camp Gordon Johnston and named it Lanark Village. With sales offices in New York, Chicago & Washington, they began promoting Lanark Village as a beautiful and affordable place to live.

  • Over 250,000 troops were trained at Camp Gordon Johnston and the barrier islands were used for amphibious landing training that was used in both Pacific and European theaters in WWII.

  • While the economy of much of Franklin County relies on the Gulf of Mexico and the Apalachicola Bay for much of its income (fishing and oystering) some of the people on the mainland depend on other sources. Another industry is bee culturing which produces about 350,000 pounds of tupelo honey each year and brings income to many local beekeepers.


Posted by Kara Landiss, Realtor on May 3rd, 2007 7:19 AMPost a Comment (0)

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KARA LANDISS
Your "Island Real Estate Partner"

Kara Landiss | 140 West 1st. Street, Suite D | St. George Island, Florida 32328 | (850) 927-2666 © 2003, An independently owned and operated member of the Prudential Real Estate Affiliates, Inc.   is a service mark of the Prudential Insurance Company of America. Equal Housing Opportunity.


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