A comparison for our real estate market on Marco Island for the 4th quarter of 2009 compared with the 4th quarter of 2008.
Total listings are down 11% from 2008
Properties under contract:
Single Family Homes are up 119%
Lots are up 14%
Condominiums are up 78%
Closed Sales:
Single Family Homes are up 54%
Lots are up 60%
Condominiums are up 81%
Average Sale Price:
Single Family Homes are up 17%
Lots are down 28%
Condominiums are down 18%
The real estate market on Marco Island is starting to turn. As my Grandmother would say "the worm will turn" and the Marco Island worm is turning.
Please give me a call at 239-404-7471 or visit my website at http://www.realestateonmarco.com/
Tuesday, January 26, 2010
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