St. Thomas Real Estate Market Update | June 2026
A month of accelerating condo demand and continued price momentum across St. Thomas.
Opening Snapshot
St. Thomas real estate delivered strong results in June 2026, with 19 properties sold across all property types, an 18.75 percent increase over June 2025. The median sold price reached $730,000, up 75.13 percent year over year, while median days on market fell sharply to 88, down 54.64 percent from June 2025’s 194. Condo sales led the month, more than doubling their pace from a year ago.
Market Overview
Coldwell Banker’s June 2026 data shows St. Thomas holding onto the price momentum that has defined much of the past year, with new listings up 36.36 percent to 30 and sold listings up 18.75 percent to 19. Year to date, St. Thomas has recorded 116 sold listings against 194 new listings, with a year to date median sold price of $562,500, up 13.64 percent from the same period in 2025.
Average sold price across all property types climbed to $811,431 in June, a 17.16 percent increase from June 2025, while the list to sold price ratio improved slightly to 95.1 percent. Days on market fell across the board, a signal that buyers on St. Thomas are moving decisively once they identify the right property.
What the Data Means
For coldwell banker clients on St. Thomas, June’s data points to a market rewarding speed and preparation. Sellers are seeing faster sales and stronger closing prices than a year ago, while buyers who come prepared with financing in place are best positioned to compete for the properties generating the most interest, particularly condos.
Single-Family Home Market
Single-family sales on St. Thomas totaled 8 in June, down 20 percent from June 2025’s 10, while new listings dipped slightly to 14. The median sold price came in at $755,000, essentially flat year over year at a 2.61 percent decrease, though the average sold price rose 16.29 percent to $1,033,750, reflecting a handful of higher value closings.
Median days on market for single-family homes fell to 97, a 37.01 percent improvement from June 2025’s 154. Year to date, St. Thomas has recorded 54 single-family sales against 105 new listings, with a year to date median sold price of $871,250.
Condo Market Trends
Condo sales nearly doubled in June, with 11 closings compared to 6 in June 2025, an 83.33 percent increase. New condo listings surged 128.57 percent to 16. The median sold price reached $730,000, up 103.63 percent year over year, while median days on market dropped 63.18 percent to 88.
Year to date, condo sales on St. Thomas total 62 against 89 new listings, with a year to date median sold price of $420,000, up 15.1 percent from 2025. The sharp acceleration in June suggests condo buyers moved quickly on new inventory as it hit the market.
Land and Acreage Market Trends
Land sales on St. Thomas slowed in June, with 3 closings compared to 8 in June 2025, a 62.5 percent decrease, even as new listings rose 40 percent to 7. The median sold price fell to $115,000, down 28.13 percent year over year, and median days on market stretched significantly to 609, up 217.19 percent from June 2025.
Year to date, 19 land parcels have sold on St. Thomas against 50 new listings, with a year to date median sold price of $115,000. The extended days on market reflect a smaller pool of active land buyers relative to inventory currently available.
Inventory and Market Balance
Months of supply across all property types on St. Thomas rose from 6.9 in July 2025 to a peak of 16.8 in March 2026 before easing to 9 in June. That places the overall market closer to balanced conditions than the tighter seller’s market seen a year ago, though condo inventory in particular continues to move quickly given June’s sales pace.
Is Now a Good Time to Buy on St. Thomas?
Yes, particularly for buyers targeting single-family homes or land, where days on market have lengthened and price growth has moderated. Condo buyers should expect more competition given June’s sharp increase in sales velocity.
Is Now a Good Time to Sell on St. Thomas?
Yes, especially for condo owners. Median days on market fell across every property type in June 2026, and condo sellers in particular benefited from both faster sales and a median sold price more than double June 2025’s figure.
St. Thomas Real Estate Market Forecast
Expect condo demand to remain strong through the remainder of 2026, supported by shrinking days on market and rising new listing activity. Single-family and land segments will likely see more gradual price movement as buyers weigh a wider range of available inventory.
Why Buyers Are Watching St. Thomas
St. Thomas continues to attract buyers drawn to its harbor towns, established infrastructure, and cruise and ferry connectivity, alongside longtime residents reinvesting in updated properties. Qualifying individuals and businesses may also benefit from USVI Economic Development Authority programs, including income tax reductions, gross receipts tax exemptions, and customs duty exemptions, with further detail available through usvieda.org.
Frequently Asked Questions About St. Thomas Real Estate
Is Now a Good Time to Buy on St. Thomas?
Yes, particularly for single-family and land buyers, where longer days on market have created more negotiating room. Condo buyers should be prepared to move quickly given accelerating sales velocity.
Is Now a Good Time to Sell on St. Thomas?
Yes, especially for condo sellers. Days on market fell across every property type in June 2026, and condo prices more than doubled compared to June 2025.
Can U.S. Citizens Purchase Property in the US Virgin Islands?
Yes. U.S. citizens can purchase property in the US Virgin Islands without a special visa, residency, or citizenship requirement, using standard U.S. financing and closing processes.
Why Did Condo Sales Nearly Double on St. Thomas in June 2026?
Condo sales on St. Thomas rose 83.33 percent year over year in June 2026, while new listings increased 128.57 percent. The combination points to strong buyer demand meeting an expanding supply of available units.
Why Did Land Sales Slow on St. Thomas?
Land sales on St. Thomas fell 62.5 percent in June 2026 compared to June 2025, with median days on market rising to 609. The slowdown reflects a smaller pool of active land buyers relative to current inventory.
What Makes St. Thomas Appealing to Buyers Right Now?
St. Thomas offers established infrastructure, strong ferry and cruise connectivity, and USVI Economic Development Authority incentives for qualifying individuals and businesses. Faster condo turnover in June points to sustained buyer interest across the island.
Explore More Resources
coldwellbankervi.com/buy/active-sale-listings/
coldwellbankervi.com/about-st-thomas/
coldwellbankervi.com/sell/why-choose-us/
coldwellbankervi.com/market-data/
If you have questions or would like personalized guidance, we invite you to connect with our team.
