Marco Island Real Estate February Sales Statistics

February sales statistics for Marco Island listed below:


            Year                  2011            2010


NEW LISTINGS:
   Single Family                 67             67
   Condominiums               97            81
   Lots                                39             35

ACTIVE LISTINGS:
   Single Family               486           514
   Condominiums            780           806
   Lots                              334           350

PENDING SALES:
   Single Family                33            33
   Condominiums             37            21
   Lots                               10             7


SOLD:
   Single Family               28           23
   Condominiums            38           29
   Lots                               8              7

AVERAGE SALE PRICE:
   Single Family         $680,961     $659,457
   Condominiums       $640,474     $616,805
   Lots                          $276,031    $332,857

Latest Marco Island Sales Stats

Based on the sales stats that I just posted for January on Marco Island, Average sales prices are up slightly, inventory is down slightly, and pending and closed sales are up as compared to Januay 2010.

Please view my website at http://www.realestateonmarco.com/ for up to date information on the real estate market on Marco Island.

Marco Island Real Estate January Sales Statistics

January sales statistics for Marco Island listed below:


              Year                       2011        2010


NEW LISTINGS:
   Single Family                   75                77                 
   Condominiums                 107              116
   Lots                                 32                25


ACTIVE LISTINGS:
   Single Family                   481              520
   Condominiums                 775             782
   Lots                                 334             334


PENDING SALES:
   Single Family                   27                 16
   Condominiums                 35                 20
   Lots                                10                  8   

SOLD:
   Single Family                   22                 19
   Condominiums                 33                 23
    Lots                                5                   5

AVERAGE SALE PRICE:
   Single Family                $601,751        $571,658
   Condominiums              $607,342        $500,955
   Lots                              $353,800        $279,900

Tips on selling your home

Even in a challenging market, good homes go fast! Smart sellers are realizing that a proactive selling strategy can go a long way in getting their home sold, even when inventories are high. Here are three tips for today’s sellers:



1.Price your home right. Markets change, so don’t be influenced by last year’s selling activity and home prices. Buyers will evaluate your home based on what others are selling for today, so make sure you know the market and price your home accordingly.

2.Make your home shine. Buyers like to envision a home they can move right into. Clean carpets, fresh paint, and a nicely landscaped yard can go a long way to make perspective buyers feel at home.

3.Anticipate the selling season. Many sellers wait for the market to pick up before they place their home for sale, but smart sellers anticipate these seasonal adjustments and list their homes early in the sales cycle. Give yourself the best opportunity by placing your home on the market before everyone else does!

Whether you’re looking to sell today or are thinking of selling tomorrow, please feel free to call at 239-404-7471 and ask for a computer analysis of our recent market activity. We would be more than happy answer any questions you might have.

Interest Rate Update

Mortgage rates moved upward in December to 4.71 percent, up from 4.3 percent in November, according to a report from Freddie Mac. Despite the upward interest rate trend, experts remain positive about today's housing market and overall affordability conditions..

Marco Island Real Estate Sales are Improving

The real estate on Marco Island is seeing great improvement.  Over the Christmas Holiday we had 8 single family homes go under contract and 14 condominiums under contract.

Marco Island currently has 53 condominiums under contract, 56 single family homes under contract, and 7 lots under contract.  That is a total of 116 properties under contract waiting to close.

In the 4th quarter Marco Island has had 77 single family homes close, 73 condominiums close, and 21 lots close.

Don't miss your opportunity to take advantage of these record low prices.  For more information on real estate and forclosures, please give me a call at 239-404-7471 or visit my website at http://www.realestateonmarco.com/

Marco Island Real Estate December Sales Statistics

December sales statistics for Marco Island listed below:



Year                                   2010        2009

NEW LISTINGS:
   Single Family                    58             47
   Condominiums                 59             87
   Lots                                 32             23


ACTIVE LISTINGS:
   Single Family                469             496
   Condominiums             764             747
   Lots                             328             338


PENDING SALES:
   Single Family                18              12
   Condominiums              16             25
   Lots                              5               1


SOLD:
   Single Family               33             27
   Condominiums            38             47
   Lots                            10             4


AVERAGE SALE PRICE:
   Single Family       $618,280          $705,095
   Condominiums     $408,632          $608,194
   Lots                    $320,790           $212,750




For more information regarding real estate information on Marco Island, visit my website at http://www.realestateonmarco.com/ or call 239-404-7471