U.S. Virgin Islands Real Estate Market Summary – August 2026
The August 2026 Market Summary gives buyers and sellers a current look at real estate activity across St. Croix, St. Thomas, and St. John. While each island offers its own opportunities, the latest numbers show noticeable differences in inventory, average sales prices, and the time properties are spending on the market.
St. Croix: The Largest Selection of Properties
- 147 Residential
- 128 Condominiums
- 356 Lots/Acres
For buyers, the larger inventory means more properties to choose from and compare. For sellers, it also means greater competition, making competitive pricing and effective marketing especially important.
Average Sales Prices
The August 2026 average sales prices were:
- Residential: $476,231
- Condominiums: $301,167
- Lots/Acres: $157,563
Average Days on Market
The August chart indicates approximately 240 days for residential properties, 140 days for condominiums, and 300 days for lots/acre.
For buyers, this may provide additional time to compare properties and evaluate opportunities. For sellers, it highlights the importance of pricing a property appropriately from the start.
St. Thomas: Strong Residential Pricing
- 101 Residential
- 84 Condominiums
- 95 Lots/Acres
This provides buyers with a variety of choices across residential, condominium, and land categories, while sellers need to remain mindful of competing properties.
Average Sales Prices
The August 2026 averages were:
- Residential: $896,909
- Condominiums: $390,000
- Lots/Acres: $268,333
Residential properties showed a notable increase compared with the August 2025 average of $692,250. Condominium prices were lower than the previous year’s average, while the average for lots/acre increased.
Average Days on Market
The August chart indicates approximately 190 days for residential properties, 190 days for condominiums, and 100 days for lots/acre.
For buyers, these numbers suggest there may be opportunities to take time and negotiate. Sellers should focus on competitive pricing and making their property stand out.
St. John: High-Value Residential Market
- 65 Residential
- 18 Condominiums
- 168 Lots/Acres
The large number of available lots and acres creates opportunities for buyers interested in land, while sellers in this category face significant competition.
Average Sales Prices
The August 2026 average sales prices were:
- Residential: $1,828,750
- Lots/Acres: $255,000
The average residential sale price increased from $960,000 in August 2025 to $1,828,750 in August 2026. As with all monthly averages, the mix of properties sold can have a significant impact on the reported figure.
Average Days on Market
The August chart indicates approximately 230 days for residential properties, 20 days for condominiums, and 150 days for lots/acre.
For buyers, this provides useful context when evaluating available properties. For sellers, understanding current competition and pricing is particularly important in a market with a substantial land inventory.
What Does the August 2026 Market Mean for Buyers and Sellers?
The latest numbers show that there is no single U.S. Virgin Islands real estate market. Each island is experiencing its own combination of inventory, pricing, and market activity.
For buyers: St. Croix offers the largest selection of active properties, St. Thomas provides opportunities across several property types, and St. John continues to stand out for higher-value residential properties and significant land inventory.
For sellers: Current market conditions reinforce the importance of realistic pricing, strong property presentation, and an effective marketing strategy. The number of days a property remains on the market can vary considerably depending on the island and property type.
Most importantly, market averages are a starting point, not a substitute for a property-specific analysis. Location, condition, size, views, amenities, and comparable recent sales all play a role in determining a property’s market position.
Know Your Market. Make Your Move.
With more than 32 years of experience in U.S. Virgin Islands real estate, RE/MAX USVI Real Estate Brokers brings local knowledge and market insight to buyers and sellers throughout the islands.
Whether you’re looking to buy a home, sell a property, invest in land, or explore your options in the USVI, our team can help you understand what today’s market means for you.
Contact RE/MAX USVI Real Estate Brokers today and Let’s Talk Real Estate!!!
Source: July 2026 Market Summary Reports. Information is deemed to be reliable. © 2024 FlexMLS and FBS. Average days on market are presented as approximate readings from the July 2026 charts.