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!
Thursday, April 1, 2010
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