In a recent article in Barron’s, the financial magazine reports that luxury home sales and construction are picking up in some markets. Overall, the media sales price of $1 million-plus homes dropped 3.6%, but several markets saw substantial increases.

Barron’s identifies Sea Island, Georgia as the top luxury second home market. With median prices that increased 31.8% over the previous year, the Sea Island improvement bested other luxury markets like Palm Beach, Pebble Beach, Kiawah Island and Scottsdale.

While Sea Island, adjacent to St. Simons Island,  is a unique sub-market in the Golden Isles, the improvement spills over to our local economy and second-home sales in area neighborhoods.

Where America’s Top Retreats Stand in 2013* (for the full article and market list, click here to visit Barrons)


Median Sales Price

% Change

1. Sea Island, Georgia



2. Palm Beach, Florida



3. Hanalei, Hawaii



4. Pebble Beach, California



5. Martha’s Vineyard, Mass



6. Park City, Utah



7. Vail, Colorado



8. Kiawah Island, South Carolina



9. Scottsdale, Arizona



*Source: Barron’s

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