Friday, September 25, 2020

Home Market Holds Steady on Marco Island

Statistics for Marco Island only properties, from the Marco Island Area Association of Realtors® Multiple Listing Service, continue to show high sales activity. Pending listings, all property types, are up in the year-to-year comparison (April 2010 to April 2011) by 22.03% and up in the month-to-month comparison (March 2011 to April 2011) by 7.46%.

Total all property types closed (Marco Island only) is up by 36.25% in the March – April 2011 comparison and up by nearly 2% in the yearly comparison.

The average sales price was up 32.47% in the monthly comparison and up 12.73% in the yearly comparison. The median sales price was up 25.98% and 1.27% respectively in both comparisons. Total sold dollar volume was up 80.49% in the month-to-month comparison and 14.83% in the yearly comparison. Now is the time to buy! Activity is up!

Meanwhile, inventory on Marco Island continues to decrease. Total active listings, all property types, are down from last year by 7.40% and down in the month-to-month comparison by 4.96%.

Contact your local REALTOR® today to find your dream home! Enjoy the lifestyle of Marco Island!

 

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