Friday, April 30, 2010

Marco Island Real Estate Statistics for April 2010

Marco Island Real Estate Statistics for April for the complete Island.


Here is what is happening for the month of April compared to April of last year:


NEW LISTINGS:              APRIL 2010        APRIL 2009      % CHANGE

Single Family Homes            52                          56                -7.14 %
Lots                                       9                          20               -55.0 %
Condominium                      66                           77               -14.2 %


ACTIVE LISTINGS:         APRIL 2010       APRIL 2009      % CHANGE

Single Family Homes          465                      600              -22.5 %
Lots                                   327                      369              -11.3 %
Condominium                     731                      858               14.8 %


CLOSED SALES:             APRIL 2010         APRIL 2009   % CHANGE

Single Family Homes          37                            28                 32.1 %
Lots                                   11                             7                  57.1 %
Condominium                     47                           19               147.3 %


AVERAGE SALE             APRIL 2010        APRIL 2009       % CHANGE
PRICE:

Single Family Homes          $696,370             $581,545          19.7 %
Lots                                   $228,136             $302,643         -24.6 %
Condominium                     $515,376             $571,574        -9.83 %


Search all homes in Marco Island for a complete list of property  for sale on Marco Island.  Please call me at 239-404-7471 with any questions regarding real estate on Marco Island.

Wednesday, April 28, 2010

Tax Credit deadline

Time is running out for the tax credit.  The deadline to have a property under contract is April 30, 2010.  For more information contact me at 239-404-7471.

Marco Island Verdi's is under new ownership

My favorite restaurant, Verdi's, is under new ownership.  Chef Guy is going to continue on to oversee the menu and give advise. 

Monday, April 12, 2010

Real Estate Statistics for Marco Island -March 2010

The real estate market on Marco Island - statistics for the month of March


LISTINGS ON THE MARKET:

Single family homes on the market are up 4% from February 2010 and down 19% from March 2009.

Lots are up 2% from February 2010 and down 12% from March 2009.



PENDING SALES FOR MARCH 2010:

Single family homes under contract are down 45% from February 2010 and down 32% from March 2009.

Lots under contract are down 28% from February 2010 and up 25% from March 2009.



CLOSED SALES FOR MARCH 2010:

Single family closed sales are up 30% from February 2010 and up 11% from March 2009.

Lot closed sales are up .08% from February 2010 and down 14% from March 2009.

Friday, April 9, 2010

Search for homes in Marco Island

Banyan Court, Marco Island, Florida

Big water views from this 4 bedroom home located at the south end of the island with a short walk to the beach.

The home features vaulted ceilings, brick fireplace with windows extending to the ceiling.  Newer kitchen, outdoor jennair grill.



Great water views and an oversized pool with spa.  This home would make a wonderful rental opportunity because of its size and proximity to the beach.


$950,000

Marco Island Real Estate Statistics March 2010

The newest real estate statistics for the month of March. 

LISTINGS ON THE MARKET:


Single family homes on the market are up 4% from February 2010 and down 19% from March 2009.

Lots are up 2% from February 2010 and down 12% from March 2009.


PENDING SALES FOR MARCH 2010:

Single family homes under contract are down 45% from February 2010 and down 32% from March 2009.

Lots under contract are down 28% from February 2010 and up 25% from March 2009.



CLOSED SALES FOR MARCH 2010:

Single family closed sales are up 30% from February 2010 and up 11% from March 2009.

Lot closed sales are up .08% from February 2010 and down 14% from March 2009.

Thursday, April 1, 2010

Marco Island Real Estate Statistics

The real estate market on Marco Island has hit bottom and will probably stay on the bottom through 2010.  Some statistics that may be of interest:

                 Single Family Home Sales

                     Avg Price              # of Sales

2007            $994,155                  218
2008            $859,584                  263
2009            $712,001                  296


               Condominiums

                   Avg Price                 # of Sales

2007           $706,833                     271
2008           $698,588                     285
2009           $522,768                     295

As you can see, home prices are down but overall closed sales are consistantly increasing. The real estate market on Marco Island is alive and well!