q3 2011: Marco Island Real Estate Market Update for Q3 2011
- 10/25/11 09:30 AM
The Marco Island real estate market has continued to show improvement through the third quarter of 2011. Overall sales volumes have increased for the third consecutive quarter. Marco Island total sales volumes registered over 50% over Q3 of 2010. Inventory has shrunk by over 14% as compared last year and new listings were down by nearly 14%. while overall pending sales were up nearly 39% over Q3 2010. There was good news on the sales prices as well. Overall average sales were up by nearly 15% over the previous Q3. Condos and lots had strong performances in Q3 2011. Lots (1 comments)