Tuesday, November 24, 2020

Latest Statistics – Home Market Continues to Hold 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 quarter-to-quarter comparison (April – June 2010 to April – June 2011) by 30.65% and up in the year-to-year comparison (June 2010 to June 2011) by 25.81%.

Total all property types closed (Marco Island only) is up by 18.11% in the April – June 2010 to April – June 2011 comparison and up by 38.89% in the January – March 2011 to April – June 2011 comparison. In the year-to-year comparison June 2010 – June 2011 closed properties were also up by 22.86%

The average sales price remained stable in the monthly comparison May 2011- June 2011 and in the yearly comparison June 2010 – June 2011 as well. The median sales price was up 1.67% and 5.80% respectively in both comparisons.

Total sold dollar volume was up 22.56% in the April – June 2010 to April – June 2011 comparison and up 35.07% in the January – March 2011 to April – June 2011 comparison. In the yearly June 2010 – June 2011 comparison it was up 21.48%.

Meanwhile, inventory on Marco Island continues to decrease. Total active listings, all property types are down in all comparisons. Down from last year June 2010 – June 2011 by 14.15% and down in the month-to-month comparison by 5.27%.

In the quarter-to-quarter comparison, April – June 2010 to April – June 2011, inventory dropped 14.15% and nearly the same in the January – March 2011 to April – June 2011 comparison by 13.95%.

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

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