Tuesday, June 20, 2006

Marco Island Statistics for May
As of 6/19/2006

Condos were the hot topic in May. Closing and pending transactions increased significantly. Single family home closings decreased slightly. However, lots were noticably slower in May. Quite frankly, we should expect a slowdown in the summer months. The good news is that the inventory on all fronts continue to fall. We should see renewed buying activity as the summer winds down. If you are thinking about buying, now is the time. We are seeing more and more bargains out there.
The following shows closed and pending statistics for Marco Island only as of the date above.
Condos:
31 Closed (34% increase over April)
42 went under contract (14% increase over April)
914 currently active listings
Single Family:
19 Closed (14% decrease over April)
25 went under contract (same as April)
667 current active listing
Lots:
3 Closed (78% decrease over April)
5 went under contract (44% decrease over April)
481 currently active listing
Contact Joe Bartos at (239) 404-5068 or email at mailto:info@BartosGroup.com

posted by Joe Bartos @ 4:08 PM   0 Comments

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