New Marco Island Lot Sales Numbers

 Here are some new stats on lot sales on Marco Island and things are looking good.  Now, if we can get the prices to recover we'll really be in good shape.

                                                        YTD 2012                        YTD 2011                             Difference

New Listings                                           138                                          165                                          -16.36%

Sold Listings                                            80                                            41                                              95.12%

Pending Listings                                      81                                            42                                              92.85%

Volume Sold                                           $25,196,382                            $13,747,250                              83.28%

Average Selling Price                              $314,954                                 $335,298                                 -6.06%

Median List Price                                    $299,000                                 $298,000                                   0.33%

Median Selling Price                               $262,500                                 $270,000                                 -2.77%

Avg Days on Market                                400                                          242                                            65.75%

 Summary:

• Sold and Pending numbers skyrocketing.
• Median Selling Price down 2.77%.  Average Price down about 6%
• Avg. Days on Market up big!  This indicates that lots that have been sitting, are now selling.

 If you’d like to discuss the lot market on Marco or how The Boyle Team can get you the exposure you need for maximum bottom-line, don’t hesitate to contact us.