Marco Island Real Estate Statistics May 2011

As expected, May of 2011 was fair better than May 2010, the month we felt the full impact of the Gulf oil spill dilemma. May 2011 showed significant gains over most statistics last May. Overall pendings were up 62%, sales up over 36%. Inventory was down over 11%. Homes, lots and condos sales were up 39%, 40% and 29%, respectively while overall average sale prices were relatively flat. This should make for another positive quarterly growth as June runs its course.

For more information, see Marco Island Real Estate Statistics May 2011

Marco Island Real Estate Statistics April 2011

Interesting numbers for April 2011. Although April was among the strongest month in 2010 for overall sales, volume for this last April kept pace with a modest 2% increase. The real difference was in the overall pending transactions(those properties that went under contract) which was up 20% from last year. Another positive factor was that overall average price was up about 13%. We are seeing positive growth in some sectors. However, we believe that much of this growth can be contributed to the increase in sales of higher end properties. Movement of these higher end buyers is an excellent sign that the Marco Island real estate market is moving in the right direction.

For all the statistics, see Marco Island Real Estate Statistics April 2011