Although the numbers are low, they represent marked improvement in the market. We have now had 3 consecutives months of increased pending transactions. Although we continue to see adjustments in the overpriced properties, starting prices remain steady. We anticipate that we will continue to see more good deals pop up. Be ready, they won't last long.
The following shows closed and pending statistics for Marco Island only as of the date above.
Condos:
23 Closed (4% increase over March)
37 went under contract (68% increase over March)
927 currently active listings
Single Family:
21 Closed (38% decrease over March)
25 went under contract (39% increase over March)
687 current active listing
Lots:
14 Closed (700% increase over March)
9 went under contract (350% increase over March)
507 currently active listing
Want to know more about buying or selling on Marco Island?
Contact Joe Bartos at (239) 404-5068 or email at joe@TheSantaGroup.com
The Santa Group
Amerivest Realty
www.TheSantaGroup.com
www.Naples-Marco-Homes.com
posted by Joe Bartos @ 9:03 AM
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