After seven years of declining values, the values are up this year to date. Prices on St. George Island bottomed out in 2012. In 2011, the average sales price per transaction closed was $390,150. In 2012, the average price was $381,146. Year to date 2013, the average price is $402,181. Also, inventory has been shrinking and the number of transactions closed increasing. This data comes from the MLS for the Realtor Association of Franklin & Gulf Counties.