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