Monday, October 21, 2013

Florida’s housing market shows positive gains

                    
“Throughout the year, we’ve seen Florida’s housing market strengthen, and that positive momentum continued in September,” says 2013 Florida Realtors President Dean Asher, broker-owner with Don Asher & Associates Inc. in Orlando.

“September marks 22 months in a row that the statewide median sales prices rose year-over-year for both single-family homes and for townhome-condo properties.”

  Looking at Florida’s year-to-year comparison for sales of townhouse-condos, a total of 8,279 units sold statewide last month, up 11.4 percent from September 2012. Meanwhile, pending sales for townhouse-condos last month increased 4.6 percent compared to the year-ago figure.
Inventory was at a 5.3-months’ supply in September for both single-family homes and for townhouse-condo properties, according to Florida Realtors.

According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 4.49 percent in September 2013, up from the 3.47 percent average recorded during the same month a year earlier.

Monday, October 7, 2013

Marco Island Real Estate Sales Statistics - September 2013

Marco Island Real Estate Sales Statistics - September 2013                         Year 2013   vs   2012

Active Listings

  • Single Family      303   305
  • Condominium     364   510       
  • Lots                   241   258                            
Pending Listings
  • Single Family     61   37
  • Condominium    78   47
  • Lots                  16   16             
Closed Sales
  • Single Family    24   32
  • Condominium   45   30
  • Lots                  13   12         
Average Sales Price
  • Single Family    $692,475   $525,563
  • Condominium    $366,727   $332,800
  • Lots                   $594,892   $379,708
For more information regarding Marco Island Real Estate, please call me at 239-404-7471.

Marco Island Real Estate Sales Statistics - August 2013

Marco Island Real Estate Sales Statistics - August 2013
                         Year 2013   vs   2012

Active Listings

  • Single Family     307   299
  • Condominium    394   519          
  • Lots                  236   265                            
Pending Listings
  • Single Family    46   47 
  • Condominium   57   46
  • Lots                 10   21              
Closed Sales
  • Single Family     31   33
  • Condominium    44   44
  • Lots                  8   24            
Average Sales Price
  • Single Family    $676,373   $605,012
  • Condominium    $389,305   $439,025
  • Lots                   $328,488   $259,942
For more information regarding Marco Island Real Estate, please call me at 239-404-7471.

Marco Island Real Estate Sales Statistics - July 2013

Marco Island Real Estate Sales Statistics - July 2013
                         Year 2013   vs   2012

Active Listings

  • Single Family    329   306
  • Condominium    416   523             
  • Lots                 239   276                           
Pending Listings
  • Single Family    42   44
  • Condominium   47   51
  • Lots               14   19                
Closed Sales
  • Single Family    38   27
  • Condominium  48   37
  • Lots                 11   19              
Average Sales Price
  • Single Family    $806,622    $684,352
  • Condominium    $555,344   $440,092
  • Lots                   $264,409   $189,369

For more information regarding Marco Island Real Estate, please call me at 239-404-7471.

Marco Island Real Estate Sales Statistics - June 2013

Marco Island Real Estate Sales Statistics - June 2013
                         Year 2013   vs   2012

Active Listings

  • Single Family   320   326
  • Condominium    437   537               
  • Lots                 243   283                           
Pending Listings
  • Single Family    54   49
  • Condominium    44   47
  • Lots                  19   12         
Closed Sales
  • Single Family  33   33
  • Condominium   52   53
  • Lots                  17   13              
Average Sales Price
  • Single Family    $925,605   $710,123
  • Condominium    $404,627   $406,774
  • Lots                   $369,235   $305,538

For more information regarding Marco Island Real Estate, please call me at 239-404-7471.

Marco Island Real Estate Sales Statistics - May 2013

Marco Island Real Estate Sales Statistics - May 2013
                         Year 2013   vs   2012

Active Listings

  • Single Family    340   350
  • Condominium    460   563                 
  • Lots              256   294                                 
Pending Listings
  • Single Family   41   49  
  • Condominium    66   67 
  • Lots                 21   28         
Closed Sales
  • Single Family    52   33
  • Condominium    67   59
  • Lots               29   12                 
Average Sales Price
  • Single Family    $733,726   $738,248
  • Condominium    $463,737   $410,736
  • Lots                   $325,595   $397,708

For more information regarding Marco Island Real Estate, please call me at 239-404-7471.

Friday, October 4, 2013

Government Shutdown affecting mortgage rates

                       
Mortgage Rate Trend Index
Only 16% of mortgage experts polled this week expect rates to rise over the short term. Citing the current federal shutdown and debt ceiling debate, 42% predict further decreases and the same number (42%) expect no change.
 
 Average U.S. rates on fixed mortgages fell for the third straight week in three months, as a decline in consumer confidence and the government shutdown forced lower rates.
The average rate on the 30-year loan dropped to 4.22 percent.