Marco Island Real Estate Statistics Q4 2009

Q4 2009 Marco Island real estate statistics showed a 47.71% increase in overall sales volume over the same period in 2008. Furthermore, the volume increased from the previous quarter by 13.38%. The Average Sales price stayed virtually unchanged from the Q3 ASP. Q4 2009 pending sales surged to over 119% of those recorded in Q4 2008 and almost 27% of the previous quarter. The numbers were greatly influenced by a strong December 2009 in which pending sales in 150%, condo sales were up 147% and overall sales were up 105%. In addition, more and more buyers are becoming more serious about their property search.

For more on the quarterly and monthly results, see the links below
Marco Island Real Estate Statistics Q4 2009
Marco Island Real Estate Statistics December 2009

It appears that the Marco Island real estate market is heating up again. Although there is no indication that prices will start increasing in the near future, buyers should start keeping a closer eye on the market and may want to accelerate their search to assure that they get what they are looking for as it seems that a lot of the well priced quality properties are moving off the market quickly.

What CNBC's Ron Insana Says about Real Estate in 2010

Today Show's Meredith Vieira recently interviewed Ron Insana, a recognized financial expert and author of the book "How to Make a Fortune From The Biggest Bailout in U.S. History". Mr. Insana had some pretty interesting things to say about the economy, the stock market and in particular, the real estate market.

Historically, Southwest Florida has been at the front of the Home sales trends and it was apparent from the last quarter's sales volumes on Marco Island. Overall sales volume increased sharply over Q4 of 2008 and culminated with a exceptionally strong December. Buyers have become more serious about buying in the next 6 months and inventories are continuing to decrease. The deals that were available a few months ago are hard to find and frequently have multiple offers vying for acceptance. So, the question you have to ask yourself is, are you willing to wait any longer to get serious about purchasing property in paradise? If you are ready, contact us today to set up your free personalized property search including foreclosures and short sales to find the hot deals as soon as they hit the market.