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Post-Easter Buying Season in the High-end Condo Market

By
Real Estate Agent with John R. Wood Realtors

The high-end market continues to pick up steam in the post-Easter buying season.  In the past week, we have seen three high-end properties go pending, one in Madeira and two in Vera Cruz.  Showings continue to occur in this traditionally slow season with foreign and domestic buyers returning for post-season purchases.

Vera Cruz

Vera Cruz has four pending sales at this time and five closed sales since October 1, 2006.

 

Condo Name

 

Apt.

Bedroom

Full Bath

Rear View

Furnished

Living Area

List Price

 

* Pending

VERA CRUZ

1903

4

4

W

U

3830

$2,500,000

 

 

* Pending

VERA CRUZ

2104

3

3

W

U

3264

$2,095,000

  

 

* Pending

VERA CRUZ

1002

4

4

W

U

3846

$1,999,000

  

 

* Pending

VERA CRUZ

2406

4

3

W

U

4228

$3,699,999

  

 

 

Madeira

Currently, there are a total of five pending sales.  Madeira has eleven closed sales since October 1, 2006.  The closed sales listed below were previously displayed as pending.

 

 

Condo Name

 

Apr

Bedroom

Full Bath

Rear View

Furnished

Living Area

List Price

Sale$

Closedl

MADEIRA

804

3

3

W

U

3303

$1,990,000

$1,850,000

Pending

MADEIRA

1206

4

4

W

U

4856

$4,100,000

 

Pending

MADEIRA

1104

3

3

SW

U

3303

$2,430,000

 

Closed

MADEIRA

503

3

3

SW

U

3539

$1,995,000

$1,850,000

* Pending

MADEIRA

404

3

3

W

U

3303

$2,330,000

 

 Pending

MADEIRA

705

3

3

SW

U

3539

$2,250,000

 

 Pending

MADEIRA

702

3

3

SW

U

3485

$1,975,000

  

Only one "04" stack condo remains on the market, Madeira #1504.

* Madeira #404 - listed and sold by Natalie Kirstein

Cozumel - no change since my last report.

When buying or selling property on Marco Island,

contact the Marco Island's Luxury Leader for Real Estate,

Natalie Kirstein

 

Exceeding the expectations for Luxury Buyers and Sellers on Marco Island!

 

Regards,

Natalie Kirstein, Realtor, MBA

Premier Properties of Southwest Florida, Inc., REALTORS

The Esplanade, Marco Island

  

Exclusive Affiliate of CHRISTIE'S GREAT ESTATES

 

Cell: (239) 784-0491

Office: (239) 642-2222

Fax: (877) 832-6159

Email: NatalieK@premiermail.com