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Sussex on the Bay - Market Update September 2006
Happy Labor Day!  Sussex on the Bay is centrally located with a nice selection of restaurants just across the street from the building, yet centrally located to everything on the Island.  The roadwork should be done before season and with that completed the street will be looking wonderful.  Any doubt just drive down S. Collier Blvd to see the major improvements that have been completd.
There hasn't been any real changes since my July Update, but It is interesting that in 2002 that the average Sold price was #310,000 and right now the average list price is $553,333, as there have been no sales in 2006 I can only refer back to the 2005 sale which if you calculate is a 83.87% increase.  Not bad if you invested for the long term.   That is what Marco Island has always been good for, long term investment.  
If you would like more information about Sussex on the Bay or any other boating condo on Marco Island, please feel free to call me. 
          * *  All statistical information is gathered from the Marco Island Area Association of Realtors.  * *
 
 
 
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