Marco Island Real Estate Statistics Q2 2011

For the second straight quarter, Marco Island real estate sales were impressive. Overall Q2 2011 sales were up 18% over Q2 2010 and nearly 39% above Q1 of this year. As well, Q2 2011 overall average sales price notched a modest price gain of 3.77% over last year. Pending sales were up by 38% and all categories registering nice gains in sales volume. Total inventory for Q2 2011 showed a decrease of nearly 14% over last year. Although we are moving into the slower season, we are seeing a lot of interest from buyers and should continue to see sales growth over last year. Eventually, we should start to see some consistent price increases. Most likely as we reenter into our regular selling season. Let's face it, baby boomers aren't getting any younger and with the winters that they have been having up north, why would anyone in their right mind want to spend those cold winter months there? The buyers are coming, you can bet on it!

For all the details, visit Marco Island Real Estate Statistics Q2 2011