Wednesday, February 10, 2010

Marco Island Real Estate Statistics January 2010

The sales momentum continues into January 2010 as overall sales volumes doubled over the same time last year. In general, January is more of a transitional month where inventory increases due to high number of sellers positioning for the seasonal increase. However, inventory is down from January 2009 by about 14%. Pending transactions are up by 50% over Jan 2009 and 35% last month. Lots had an incredible 900% increase over last month. Although we probably won't see any price increases in the near future, the price levels appear to be leveling out.

For the full statistics, go to Marco Island Real Estate Statistics January 2010