2011: Marco Island Real Estate Market Update for September 2011
- 10/25/11 07:42 AM
The Marco Island Real Estate market continues to show consistent improvement in September 2011. New Listings were 25% lower than last September and overall inventory was down 14.5%. Overall Closed transactions were up almost 33%. While the month to month average and median prices were positive, all signs of a stabilizing market. Individually, the single family homes were on pace with last month but below last September's numbers. We believe that due to the strong interest in homes in the past that the inventory has been depleted of quality homes that are well priced. Good properties are leaving the market quickly. The silver lining is that average home sales price was up nearly … (0 comments)
The Marco Island Real Estate market continues to show consistent improvement in September 2011. New Listings were 25% lower than last September and overall inventory was down 14.5%. Overall Closed transactions were up almost 33%. While the month to month average and median prices were positive, all signs of a stabilizing market.
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