39 Single family homes, 32 Condominiums and 22 Vacant homesites Closed in February.
38 Single family homes, 51 Condominiums and 21 Vacant homesites went under contract in February.
Inventory is at 368 Single family homes, 542 Condominiums and 274 Vacant homesites for a total of 1,184 which is 15% lower than last February.
In February 82 Single family homes, 86 Condominiums and 29 Vacant homesites were listed and came on the market.
For the trailing 12 months the average sales price is up 1.8% from $486,000 to $495,000. The average number of days a property was on the market is 282, and properties sold within 9.49% of asking price on average.
It is my pleasure to continue presenting these numbers that indicate the Marco IslandReal Estate market is maintaining solid sales and listing activity through February. The market is very healthy right now and I don't foresee anything in the near future that will dampen the current pace. The stock market is at an all time high and we are seeing some buyers that are selling off equities to purchase real estate. While it is nice to have shares of Google, you can't sleep in them.
If you have any specific questions about Marco Island Real Estate, as always, please call or e-mail.
