Tuesday, January 26, 2010

Marco Island Real Estate Statistics

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/

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