I've watched a lot of trends and analyzed the Marco Island real estate statistics until I see double. There is just no denying that there is something positive happening in the Marco Island and Naples area. Case in point,

  • web traffic and qualified leads have increase considerably over the last year
  • Pending & closed sales are outperform the previous year's volumes
  • Buyers have become more proactive and aggressive in their searches
  • Value properties are receiving multiple offers at the same time
  • Buyers continue to queue into this summer's buyer's market

In the last couple of months, I've been in a few dogfights to position buyer's into top spot to get these hot properties. As well, there have been several cases where I attempted to submit an offer only to find out that it went pending the night before. This kind of activity on the low ends will certainly help the whole market as list to sell ratios shrink and price level out.

Although it will still be some time before we see any significant appreciation, we are seeing a shift in the buyer's mindset which will make these next several months very interesting.

   

 

1 Comments on Could the Marco Island Real Estate Market BE BACK?

JUN
11
2008
423,263 Points 2 Featured Posts Localism Sponsor Outside Blog

Oh, I hope so! I hope so! Thanks for posting evidence of your positive news. We need a bit more of this.

12:48am • #1

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Joe Bartos

Marco Island, FL

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Assist 2 Sell Buyers & Sellers Real Estate

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