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Should You Buy St Simons Real Estate for Retirement?

Should You Buy St Simons Real Estate for Retirement?

Buy St. Simons Island Real Estate and Retire in One of the Best Retirement Communities in the United States

St. Simons Island real estate features homes with understated elegance. Many of America’s affluent people enjoy living in a town that preserves most its historical presence. Even though the area is steeped in tradition, there is some honor paid to modern home design.

What Can I Expect From St. Simons Island Real Estate and Housing Market?

St-Simons-Real-EstateLast month, the annual median home price was $283,700 based on 144 home sales, according to Trulia.

During this economy, home buyers can expect homes to be on the market for 196 days before selling. Some home buyers are alarmed by the extended length of time homes are on the market, but many home buyers are taking their time before purchasing luxury homes. Thus, St. Simons Island real estate for sale may have longer times on the market.

The median home size in St. Simons Island is 2500 square foot, and home buyers are willing to pay an average of $217 per square foot. St. Simons real estate prices are justified by access to amenities such as the beach, numerous parks, coastal fishing, and the exclusive community. This area is more affordable than Sea Island, but the community still has numerous amenities for residents to participate and enjoy.

What Can I Expect to Experience If I Buy St. Simons Island Real Estate?

Though this coastal Georgia community welcomes families of all ages, it is often thought of as a wonderful place to retire. In fact, Money Magazine ranked St. Simons Island as the second best retirement community in the United States. In 2006, it was ranked in the number one position. Many active adults over the age of 55 live here and enjoy the proximity to Jacksonville and Savannah. The community is very affluent. Most of the 14,000 people that live here are prosperous and earn an average of $75,119 annually which is above average for Georgia residents at $47,590.

Residents not only enjoy the beach, but the Island’s shops and restaurants are also available to entertain residents and guests. St. Simons Island real estate owners enjoy the numerous world-renowned golf courses. While playing, golfers can expect to view the Spanish moss hanging from the trees, enjoy the lush green courses or view the ocean from the background. The summers last for seven months so the residents enjoy warm weather for the majority of the year.

Luxury St. Simons Real Estate Has Many Desired Amenities

The homes are luxurious. Home buyers can expect to real estate for sale with private elevators, multiple garages, hardwood floors, granite countertops, marble flooring, gourmet kitchens, wet bars and outdoor living rooms fit for entertaining large crowds. With these amenities and attention to detail, luxury St. Simons real estate home prices often exceed $1.5 million.

Consider Buying St. Simons Island Real Estate and Enjoy Retirement

There are many reasons to consider purchasing real estate on St. Simons Island. Contact one of our experienced realtors at DeLoach Sotheby’s International Realty to guide you through the process. Discover what we already know about this top rated retirement community.

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