New Marco Island Lot Sales Numbers
Posted by Dan Boyle on Wednesday, June 6th, 2012 at 10:51am.
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.