1st quarter sales statistics for Marco Island listed below:
1st 1st
Quarter 2011 Quarter 2010
NEW LISTINGS:
Single Family 193 226
Condominiums 261 290
Lots 107 93
ACTIVE LISTINGS:
Single Family 475 540
Condominiums 739 809
Lots 349 359
PENDING SALES:
Single Family 75 66
Condominiums 101 71
Lots 27 20
SOLD:
Single Family 74 72
Condominiums 100 86
Lots 21 22
AVERAGE SALE PRICE:
Single Family $635,109 $636,494
Condominiums $579,490 $499,477
Lots $281,060 $303,386
As you can see from the statistics, Condominiums have increased dramatically in the number of pending sales for the Marco Island area. The sale prices for single family homes have not changed much since the first quarter of 2010 indicating a leveling out. There is still some price corrections for vacant land and condominiums.
For more information on real estate on Marco Island, please visit my website or call me at 239-404-7471.
Tuesday, March 29, 2011
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