While the second quarter of 2016 posted a slight drop from last year’s dollar volumes – following a 1st Quarter increase – Pending Sales (Under Contract and Conditional transactions) are at their highest levels since the boom of the mid 2000’s. The TCREA MLS system is currently showing Pending transactions of $22 Million in Land, $6.5 Million in Condos, and $101 Million in Homes/Villas, for a total of over $129 Million for the remainder of this year, including some pre-construction villa sales that will close in 2017.  Click here to view entire report.

by Turks & Caicos Sotheby’s International Realty