Tuesday, January 19, 2016

MARCO ISLAND REAL ESTATE MARKET REPORT 4th QUARTER 2015

MARCO ISLAND REAL ESTATE MARKET REPORT 4th  QUARTER 2015

The number of homes under contract in the 4th quarter in 2015 compared to 4th quarter in 2014 is down by 43%.  Vacant Lots is down by 35% and Condominiums are down by 30%

Below is the statistical information:

                                2015       2014

Pending Listings:
   Single Family          69       121
   Lots                         40        62
   Condo                    127       183


Average Closed Sales Price:
   Single Family        $868,103     $934,157
   Lots                       $473,758     $337,533
   Condo                   $517,268     $442,212

Number of units sold:
   Single Family        65       77
   Lots                       31       29
   Condo                  112     112

For a full list of property for sale on Marco Island, Please visit my website at www.RealEstateonMarco.com or call me at 239-404-7471.