Monday, August 1, 2011

Marco Island Real Estate is recovering!

The Marco Island Real Estate is showing positive signs of a recovery.

1.  Inventory levels are down in all types of residential properties.

2.   Pending sales are up 13% for single family homes, 60% for vacant lots     and  112% for condominiums.

3.  Closed sales are up 47% for single family homes, 33% for vacant lots and 53% for condominiums.

4.  Average sales prices are up 29% for single family homes, 117% for vacant lots and 12% for condominiums.

For additional information on Marco Island and Naples real estate, please call me at 239-404-7471 or visit my website.

July sales statistics for Marco Island Real Estate

July sales statistics for Marco Island listed below:

                           Year     2011   2010

NEW LISTINGS:
   Single Family             45          45                  
   Condominiums           53          64               
   Lots                 15    23                                   

ACTIVE LISTINGS:
   Single Family            383        501             
   Condominiums          647        758              
   Lots                           322    324
                                 
PENDING SALES:
   Single Family              17         15             
   Condominiums            17          8              
   Lots                  8    5                            

SOLD:
   Single Family              28          19              
   Condominiums            23          15               
   Lots                         8    6                              

AVERAGE SALE PRICE:
   Single Family      $686,893    $529,642
   Condominiums    $325,935    $289,540
   Lots                     $522,813    $240,583


For more information on real estate on Marco Island and Naples, please contact me at 239-404-7471 or visit my website at http://www.realestateonmarco.com/ for current homes for sale.