Thursday, June 2, 2011

April figures show Marco home market growing at healthy pace

April figures show

Marco home market
growing at healthy
pace

Written by

Bill Filbin

May 26, 2011|

Statistics for Marco Island-only properties
from the Marco Island Area Association of
Realtors Multiple Listing Service continue to
show high sales activity.

Pending listings, all property types, are up
in the year-to-year comparison (April
2010 to April 2011) by 22.03 percent and
up in the month-to-month comparison
(March 2011 to April 2011) by 7.46
percent.

Total all property types closed (Marco
Island
only) is up by 36.25 percent in the
March-April 2011 comparison and up by
almost 2 percent in the yearly comparison.

The average sales price was up 32.47
percent in the monthly comparison and up
12.73 percent in the yearly comparison.

The median sales price was up 25.98
percent and 1.27 percent respectively in
both comparisons.

Total sold dollar volume was up 80.49
percent in the month-to-month comparison

and 14.83 percent in the yearly
comparison.

Meanwhile, inventory on Marco Island
continues to decrease.

Total active listings, all property types, are
down from last year by 7.40 percent and
down in the month-to-month comparison
by 4.96 percent.

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