To: Jeffrey EpsteinUeevacationagmail.comj
From: Cecile de Jongh
Sent Fri 10/9/2009 7:19:50 PM
I left a message for you at the PB house. I am in Cleveland at a CHADD BOD meeting. Below
is a snapshot of the current RE market on STT and STJ.
St. John Real Estate
Currently there are approximately 140 homes on MLS on STJ
(note: in 2003 there were just 35 homes for sale)
Only 15 Homes have closed on STJ since January 2009
The highest sales price of those 15 sales was $1.8 mil
Overall there have been multiple low offers on high end homes, but sellers are not
biting
Most STJ sellers are financially secure and will wait this lull out for the next year
or two. Overall the high end sellers do not need to sell.
St. Thomas Real Estate
Currently there are 157 homes on MLS on STT
Priced from $148,000 - $7 mil
64 homes are priced in excess of $1/mil
29 Homes have sold on STT since January I, 2009
Lowest price was $185,000, highest price was $3,400,000
10 homes were in excess of $600,000 (19 under $600k)
Most STT sellers are holding steady with prices slightly fluid and negotiable.
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