Monday, December 17, 2007

Marco Island Price Ranges as of 12/16/2007

The following shows price range for the various categories of condos and homes on Marco Island as of the date above.

Condos
Beachfront from $299,000 to $11,900,000 (394 Available)
Golf Course Community from $685,000 to $925,000 (6 Available)
Gulf Front from $549,000 to $2,200,000 (47 Available)
Water Direct from $180,000 to $1,969,000 (188 Available)
Water Indirect from $374,000 to $749,500 (35 Available)
Inland from $119,900 to $1,105,000 (252 Available)

Single Family
Beachfront from $1,600,000 to $10,900,000 (7 Available)
Gulf Front $2,500,000 to $2,500,000 (only 1 Available)
Golf Course Community from $359,900 to $4,000,000 (19 Available)
Water Direct from $659,000 to $8,750,000 (259Available)
Water Indirect from $459,900 to $5,250,000 (221 Available)
Inland from $225,500 to $3,699,000 (166 Available)

Lots
Beachfront from $1,200,000 to $5,200,000 (5 Available)
Gulf Front from $1,299,000 to $3,890,000 (3 Available)
Golf Course Community from $395,000 to $395,000 (2 Available)
Water Direct from $449,000 to $4,900,000 (145 Available)
Water Indirect from $329,000 to $1,850,000 (122 Available)
Inland from $129,000 to $1,695,000 (172 Available)

Active Listings on Marco Island
673 Single Family Homes
922 Condos
449 Lots

Want to know more about buying or selling on Marco Island?

Contact Joe Bartos at (239) 404-5068 or email at mailto:info@BartosGroup.com
The Bartos Group
Assist 2 Sell Buyers & Sellers Real Estate
http://www.Marco-Naples-Homes.com/
http://www.marco-island-info.com/

Information derived from the Marco Island MLS. Deemed Accurate but not guaranteed.

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Wednesday, December 12, 2007

Marco Island Statistics for November 2007

November continued the slow but steady pace that we have seen over the last several months on Marco Island. Pockets of buying have occurred through the October and November.

Click to see November 2007 Marco Island Real Estate Statistics

However, the amount of buyer interest, as reflected by our increasing website traffic, continues to increase. It makes sense if you look at what happen to the Marco Island real estate market. Speculative buying drove prices sky high which in turn drove a lot of potential buyers out of the market. In the meantime, other potential buyers( baby boomers, retirees, and foreign investors have been queueing up ready to pounce on bargains. After roughly three years of price adjustment, we have about a 3-4 year backlog of buyers. So, it's only a matter of time before the log jam frees up and the buyer's come running back in.

If you are thinking about buying, just remember, by the time the market turns, you've missed the best opportunities. I'm looking forward to a very good 2008.

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