RIVIERA ISLE VALUE GAINS

The average closed sale price per waterfront foot ($23,946) of the seven sales closed during the past six months is five times the the November 2009 historical low ($4,781/WFft).  Of the six properties currently available for sale ($33,145/WFft average) TWO are priced under the average closed sale price of the past 24 months ($13,376).  Over the past 24 months on a closed PRICE, WATERFRONT, AND LOT AREA basis, Riviera Isle property value is increasing and on a LIVING AREA basis value is decreasing.  Get the details...
http://www.coastcountiesrealty.com/Reports/RI1.htm