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April Real Estate Market Conditions Saint Simons & Brunswick Georgia

I would like to take a quick minute and give another market update on Brunswick and Saint Simons Island, Georgia.  The market is good for Seller’s right now.  Yes I know, not something you are used to hearing.  Sales have been brisk with 46 listings sold in the last 30 days.  There are also 121 new listings which is good news in that inventory has been very limited.  I am encouraging my fence sitting clients that it is now time to jump whether they are buying or selling.  My closing attorney is swamped with scheduled closings which is another sign that other Realtors are doing well too.  The first time home buyer price range from $140-$180 is very active right now and decent homes priced from $35-$79 are almost impossible to find. 
My personal experience has seen its ups and downs over the last 30 days.  I have several homes under contract for buyers and had a successful, yet difficult, foreclosure closing last week.  

Speaking of foreclosures, the steady torrent of foreclosures coming onto the market has drawn down to a trickle.  This means there are more folks out there interested in buying foreclosures than there are for sale.   I have had two clients, just last week, lose out on a foreclosure where there were multiple offers.  Friday, I had a client who upon their third visit to the home, discovered that it had gone under contract that morning at close to list price.  My point being that if you like the home and have the funds lined up with a pre-approval letter, you may miss out if you wait.  Something I really hate seeing is the disappointment on a young couple’s faces when I have to tell them their dream home is going to someone else.

I do have the inside track on a foreclosure coming onto the market in a couple of weeks on St. Simons Island and it should be priced in the mid $100’s.  I am sure it will go under contract within a couple of days of being listed for sale.  If you are looking for a foreclosure on Saint Simons, you should contact me as soon as possible.  I truly believe that if you are still fence sitting, you will pay more for less house at a higher interest rate.


Homes and condos on Saint Simons are still trending well especially anything under $225,000.  There has been a lot of pent up demand for island homes and they are now selling well.  It’s slowly become a Seller’s market in the Golden Isles of Georgia.


Jeff Williams  Realtor, RSPS
Resort & Second Home Markets Specialist
Coastal Georgia Real Estate Associates
405 Magnolia Street, St. Simons Island, GA 31522
Ofc: 912-638-0006  Fax: 912-580-4130
Direct: 912-270-0032




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