Of the condos that I watch on a regular basis, South Seas Resort seems to be one of the more active in the market at this time. To see more information on the individual buildings please see my August Market Update.
As of today here are the number of Active/Pending and Sold since January 1, 2006:
| Complex | # of Units Active | # of Units Pending | # of Units Sold |
| South Seas East | 12 | 1 | 2 |
| South Seas North | 3 | 1 | 2 |
| South Seas Tower 1 | 6 | 1 | 2 |
| South Seas Tower 2 | 7 | 1 | 4 |
| South Seas Tower 3 | 10 | 2 | 7 |
| South Seas Tower 4 | 26 | 1 | 4 |
The average Listing Price for Active/Pending and Sold are:
| Complex | Average List Price Active | Average List Price Pending | Average List Price of Sold |
| South Seas East | $552,833 | $575,000 | $564,000 |
| South Seas North | $601,667 | $549,000 | $558,250 |
| South Seas Tower 1 | $844,567 | $599,000 | $734,000 |
| South Seas Tower 2 | $879,000 | $695,000 | $796,750 |
| South Seas Tower 3 | $934,500 | $774,900 | $753,000 |
| South Seas Tower 4 | $846,136 | $749,000 | $784,475 |
Now here is where it is most interesting.... Although each of these condos has seen a % decrease this year in average sold price, the 5 year average is still very significant for each of these condos within the complex.
| Complex | Average Sold Price | Sold DOM | % Change from Previous Year | 5 Year % Change |
| South Seas East | $522,500 | 168 | -10.09% | 84.47% |
| South Seas North | $535,000 | 265 | -11.48% | 66.43% |
| South Seas Tower 1 | $637,500 | 158 | -26.06% | 48.78% |
| South Seas Tower 2 | $743,766 | 278 | -14.91% | 79.40% |
| South Seas Tower 3 | $700,143 | 179 | -20.17% | 45.27% |
| South Seas Tower 4 | $744,250 | 288 | -13.44% | 60.39% |
For a more in depth list of current sales and what is for sale in South Seas Resort, please feel free to contact me at (239) 821-3063 or colleen@minre.com. I look forward to speaking with you!
** All statistical information was gathered from The Marco Island Area Association of Realtors. **
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