|
|
|
|
|  |
 |
|
 |
Current Market Statistics |
 |
Marco Island Real Estate Market News- April 2010
The number of Marco Island Active listings on the market is down 15% from a year ago. Since supply & demand is a key market indicator, a decreasing supply is a very good indicator of a strengthening market. The opportunities for buyers at this time are outstanding as the market is showing signs of turning. The number of home closed sales is up 30% in April over March and up 40% from a year ago. The number of condo closed sales is up 53% over March and 173% over a year ago. The number of lot closed sales is up 22% over March and 57% over one year ago. Our Sandlin Team alone made 19 new sales in April and we are optimistic for sales to continue strong based on all the market indicators.
Marco Island Real Estate Market News- March 2010
Today the Dow Jones Industrials is approaching 11,000 and according to CNBC, this is the highest market level in the last 2 years. They reported the positive market move is associated with several positive market factors from today, including positive jobs reports and positive real estate news. They also reported that 10 Treasury Notes are up approaching 4%. Their report included positive feedback from the consumer and manufacturing sectors that a real recovery is underway in the US. All this is good news for the depressed housing market. On the Marco Island local real estate front, the number of total listings for sale is down 15% from a year ago- an important positive market indicator. The number of overall sales was up 18% in March over February and 41% over a year ago- another strong positive market indicator. We are starting to see multiple offers in the marketplace.With 30 year mortgage interest rates hovering between 5-5.5%, this may be the best buyer's market opportunity seen in the last decade and beyond.
Marco Island Market News- February 2010
Although Marco Island had the normal seasonal increase in the number of properties for sale in January, there are 14.33% fewer properties for sale today than there were one year ago. That is an important positive indicator for the market. In addition, the pending sales in January were up 35% over December and 50% over one year ago. Even more dramatic, the closed home sales are up 90% over one year ago, the condo closed sales are up 91.67% over one year ago, and the lot sales are up 150%. In addition, there was a significant new flurry of sales activity beginning the last week of January.
MLS Statistics for MIAAOR (Marco Island Only) - Aug 2009
The number of available listings for sale continues to decline, which is a positive indicator. The number of pending homes & condos for August specifically over July and as compared with August 2008 is up significantly.
|
MLS Statistics for MIAAOR (Marco Island Only) - Aug 2009
|
|
MARCO MULTI/LIST - Compiled on September 2, 2009
|
|
|
Aug 2009
|
July 2009
|
% Change
|
Aug 2008
|
% Change
|
|
|
|
|
|
|
|
|
New Listings
|
|
|
|
|
|
|
|
|
|
Single Family / RE1
|
42
|
35
|
20.00%
|
52
|
-19.23%
|
|
|
|
|
|
|
|
|
Lots
|
11
|
23
|
-52.17%
|
23
|
-52.17%
|
|
|
|
|
|
|
|
|
Multi-family / RE2
|
58
|
53
|
9.43%
|
54
|
7.41%
|
|
|
|
|
|
|
|
|
Total All Property Types
|
122
|
121
|
0.83%
|
134
|
-8.96%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aug 2009
|
July 2009
|
% Change
|
Aug 2008
|
% Change
|
|
|
|
|
|
|
|
|
Active Listings
|
|
|
|
|
|
|
|
|
|
Single Family / RE1
|
443
|
486
|
-8.85%
|
542
|
-18.27%
|
|
|
|
|
|
|
|
|
Lots
|
328
|
336
|
-2.38%
|
380
|
-13.68%
|
|
|
|
|
|
|
|
|
Multi-family / RE2
|
702
|
724
|
-3.04%
|
755
|
-7.02%
|
|
|
|
|
|
|
|
|
Total All Property Types
|
1,564
|
1,631
|
-4.11%
|
1,756
|
-10.93%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aug 2009
|
July 2009
|
% Change
|
Aug 2008
|
% Change
|
|
|
|
|
|
|
|
|
Pending Listings
|
|
|
|
|
|
|
|
|
|
Single Family / RE1
|
18
|
16
|
12.50%
|
15
|
20.00%
|
|
|
|
|
|
|
|
|
Lots
|
3
|
6
|
-50.00%
|
4
|
-25.00%
|
|
|
|
|
|
|
|
|
Multi-family / RE2
|
17
|
18
|
-5.56%
|
10
|
70.00%
|
|
|
|
|
|
|
|
|
Total All Property Types
|
39
|
40
|
-2.50%
|
29
|
34.48%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aug 2009
|
July 2009
|
% Change
|
Aug 2008
|
% Change
|
|
|
|
|
|
|
|
|
Single Family/RE1 Sold
|
|
|
|
|
|
|
|
|
|
Closed
|
22
|
19
|
15.79%
|
17
|
29.41%
|
|
|
|
|
|
|
|
|
Average Sale Price ($)
|
$786,477
|
$821,162
|
-4.22%
|
$563,415
|
39.59%
|
|
|
|
|
|
|
|
|
Median Sale Price ($)
|
$467,500
|
$599,285
|
-21.99%
|
$460,000
|
1.63%
|
|
|
|
|
|
|
|
|
Total Sold Dollar Volume
|
$17,302,500
|
$15,602,085
|
10.90%
|
$9,578,055
|
80.65%
|
|
|
|
|
|
|
|
|
Closed in 30 Days
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
|
|
|
|
|
|
|
|
60 Days
|
4.55%
|
0.00%
|
0.00%
|
5.88%
|
-22.73%
|
|
|
|
|
|
|
|
|
90 Days
|
13.64%
|
0.00%
|
0.00%
|
11.76%
|
15.91%
|
|
|
|
|
|
|
|
|
120 Days
|
0.00%
|
10.53%
|
-100.00%
|
29.41%
|
-100.00%
|
|
|
|
|
|
|
|
|
121+ Days
|
81.82%
|
89.47%
|
-8.56%
|
52.94%
|
54.55%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aug 2009
|
July 2009
|
% Change
|
Aug 2008
|
% Change
|
|
|
|
|
|
|
|
|
Lots Sold
|
|
|
|
|
|
|
|
|
|
Closed
|
6
|
6
|
0.00%
|
6
|
0.00%
|
|
|
|
|
|
|
|
|
Average Sale Price ($)
|
$186,000
|
$478,333
|
-61.11%
|
$322,000
|
-42.24%
|
|
|
|
|
|
|
|
|
Median Sale Price ($)
|
$182,500
|
$600,000
|
-69.58%
|
$276,000
|
-33.88%
|
|
|
|
|
|
|
|
|
Total Sold Dollar Volume
|
$1,116,000
|
$2,870,000
|
-61.11%
|
$1,932,000
|
-42.24%
|
|
|
|
|
|
|
|
|
Closed in 30 Days
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
|
|
|
|
|
|
|
|
60 Days
|
0.00%
|
16.67%
|
-100.00%
|
0.00%
|
0.00%
|
|
|
|
|
|
|
|
|
90 Days
|
0.00%
|
0.00%
|
0.00%
|
16.67%
|
-100.00%
|
|
|
|
|
|
|
|
|
120 Days
|
0.00%
|
16.67%
|
-100.00%
|
0.00%
|
0.00%
|
|
|
|
|
|
|
|
|
121+ Days
|
100.00%
|
66.67%
|
50.00%
|
83.33%
|
20.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aug 2009
|
July 2009
|
% Change
|
Aug 2008
|
% Change
|
|
|
|
|
|
|
|
|
Multi-family/RE2 Sold
|
|
|
|
|
|
|
|
|
|
Closed
|
18
|
28
|
-35.71%
|
15
|
20.00%
|
|
|
|
|
|
|
|
|
Average Sale Price ($)
|
$308,278
|
$532,746
|
-42.13%
|
$707,417
|
-56.42%
|
|
|
|
|
|
|
|
|
Median Sale Price ($)
|
$295,500
|
$377,500
|
-21.72%
|
$474,000
|
-37.66%
|
|
|
|
|
|
|
|
|
Total Sold Dollar Volume
|
$5,549,000
|
$14,916,900
|
-62.80%
|
$10,611,250
|
-47.71%
|
|
|
|
|
|
|
|
|
Closed in 30 Days
|
0.00%
|
0.00%
|
0.00%
|
6.67%
|
-100.00%
|
|
|
|
|
|
|
|
|
60 Days
|
0.00%
|
0.00%
|
0.00%
|
13.33%
|
-100.00%
|
|
|
|
|
|
|
|
|
90 Days
|
5.56%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
|
|
|
|
|
|
|
|
120 Days
|
5.56%
|
7.14%
|
-22.22%
|
6.67%
|
-16.67%
|
|
|
|
|
|
|
|
|
121+ Days
|
88.89%
|
92.86%
|
-4.27%
|
73.33%
|
21.21%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aug 2009
|
July 2009
|
% Change
|
Aug 2008
|
% Change
|
|
|
|
|
|
|
|
|
Total All Property Types Sold
|
|
|
|
|
|
|
|
|
|
Closed
|
47
|
53
|
-11.32%
|
38
|
23.68%
|
|
|
|
|
|
|
|
|
Average Sale Price ($)
|
$510,798
|
$629,981
|
-18.92%
|
$582,140
|
-12.26%
|
|
|
|
|
|
|
|
|
Median Sale Price ($)
|
$365,000
|
$485,000
|
-24.74%
|
$447,500
|
-18.44%
|
|
|
|
|
|
|
|
|
Total Sold Dollar Volume
|
$24,007,500
|
$33,388,985
|
-28.10%
|
$22,121,305
|
8.53%
|
|
|
|
|
|
|
|
|
Closed in 30 Days
|
0.00%
|
0.00%
|
0.00%
|
2.63%
|
-100.00%
|
|
|
|
|
|
|
|
|
60 Days
|
2.13%
|
1.89%
|
12.77%
|
7.89%
|
-73.05%
|
|
|
|
|
|
|
|
|
90 Days
|
8.51%
|
0.00%
|
0.00%
|
7.89%
|
7.80%
|
|
|
|
|
|
|
|
|
120 Days
|
2.13%
|
9.43%
|
-77.45%
|
15.79%
|
-86.52%
|
|
|
|
|
|
|
|
|
121+ Days
|
87.23%
|
88.68%
|
-1.63%
|
65.79%
|
32.60%
|
|
|
|
|
|
|
|
|
*All Property Types include Single Family/RE1, Lot, Commercial, Multi-family/RE2, RIN, Dock, Business, Land, and Timeshare properties.
|
|
|
|
|
|
|
ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED
|
|
|
|
|
|
Call 1-800-423-2962 X 3200 or e-mail info@MarcoRealtySource.com TODAY.
It would be our pleasure to advise you on the best deals and help you accomplish your real estate goals.
The number of sales is on the rise in the Naples market as demonstrated by the graph below. The opportunity time for buyers is now.
The source of this real property information is the copyrighted and proprietary database compilation of SunshineMLS, LLC.
Copyright 2002-2009 SunshineMLS, LLC. All rights reserved. The accuracy of this information including, but not limited to, any information about the size or area of lots, structures, or living space, such as room dimensions, square footage calculations, or acreage, is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction based upon it.
Our little 4 x 6-mile tropical Marco Island, Florida, has had 171 new pendings and closed sales from January 1st, 2009 to February 12th, 2009. Click here to view all these new sales:
http://marcoareamls.com/mrc/maildoc/a003sA7983.html
It is not surprising that sales on Marco Island are picking up because we have been a year ahead of the country throughout this real estate cycle. Our boom started the end of 2003 ahead of the country. We reached our peak in 2005, a year ahead of the rest of the country. And now we are starting our recovery ahead of the rest of the country.
If you have dreamed of living, vacationing or investing in a tropical paradise, now is the time on Marco Island. Don't miss the bottom of the market!
Call 1-800-423-2962 X 3200 or e-mail info@MarcoRealtySource.com TODAY.
Posted: February 16, 2009
|
|
|
|
|
