The St. Joe Company (NYSE: JOE) ("St. Joe") sold out the first release of homesites in the Watersound Camp Creek community at an average price of approximately $446,000. This offering of 23 homesites in this initial phase was direct to buyers through the community's website beginning in October 2020. "We began executing purchase agreements on day one," stated Bridget Precise, Senior Vice President of Residential Real Estate for St. Joe. "Demand was extremely high and the response to the online-only process was very positive. We anticipate a second online release of 38 homesites this spring."