The cold weather coupled with the stronger economy, low interest rates, and pent up demand, has provided a backdrop of increased activity and buyer interest in the local real estate market.
From November 2009 to April 2010, Marco Island experienced a surge in activity with the strongest sales reported in 5 years. After April 2010, our local economy and real estate market suffered from the the oil crisis. Recent reports, specificially December 2010, show we are back on track with positive sales trends.
- December 2010 Closed Sales Trend
- Closed sales were up 7.69% over December 2009 sales
- Closed sales were up 95.35% over November 2009 sales
- December 2010 has the highest reported sales since December 2004
Another help to our real estate market is the recent Wall Street Journal article titled "Market for Vacation Homes Is on the the Rise". The article starts out with the following: "Sales in many vacation communities across the U.S. soared last year to levels not seen since boom times, driven by deep discounts, cash purchases and buyers' rising stock portfolios."
Who is selling the priciest homes in Southwest Florida? John R. Wood Realtors sold 3 out of the "Top 5 Priciest Homes" from Cape Coral to Marco Island.
- $22M by John R. Wood Realtors
- $18.5M by John R. Wood Realtors
- $16.7M by Campbell & Prebish
- $13M by Gulf Coast International Properties
- $12M by John R. Wood Realtors
Contact Natalie for all of your real estate needs.
Natalie Kirstein, phone: 239-784-0491, NKirstein@JohnRWood.com
For your property search, go to www.MarcoIslandNaplesProperties.com
Natalie is selling Marco Island's high-end condominiums & waterfront homes!
John R. Wood REALTORS - Consistently Ranks as one of the Top Real Estate Companies in the U.S. and Southwest Florida!
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