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Winter 2012 Market Update
The main thing that attracts people to Marco island is the white sand crescent shaped beach! Year round the weather is perfect for boating, fishing, or relaxing on the beach.
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| Average Home Price | $600,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $550,000 - $599,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 85-90% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Marco Island is | Increasing |
| Seller Activity for the past 90 days in Marco Island is? | Increasing |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Limited Supply |
| Inventory Comments | There is a good supply of homes available, however, buyers are on the increase so time on market is falling and we have seen some competition for new listings priced well |
| Greatest Activity | Investors |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates create a perfect time to buy in Marco Island! |
| Nearest Metro Area | Fort Myers, FL |
| Housing Hot Spots | Marco Island offers beautiful beachfront condos, waterfront homes, and exclusive estates directly on the beach. Marco’s beach is among the most beautiful in America! The Gulf of Mexico is perfect for fishing, boating, sunsets, or simply hanging out on the beach. |
| Average Sold Price | $600,000 - View Graph Trend |
Marco Island Local News
News for Marco Island, FL - March 21st, 2011 5:16am
Summer is over and fall is here! The weather is perfect, in the low to mid 80's with plenty of sunshine! This year we have seen an increase in sales of over 30%. The average sales price of a single family home is $595,000, up from last year's $543,000. It remains a buyers market, however, prices seem to be stabelizing. The average sales price of a condo was $340,000, down from $392,000 in 2010. We expect to see a very busy season this year, it has already begun and the Island has started to get busy. The new bridge is completed and beautiful. So come on over and enjoy the beautiful beaches, amazing sunsets, and warm people on Marco Island.
Excellent News on Oil Spill for Southwest Florida Beaches! - August 31st, 2010 6:15pm
NOAA has used computer models to estimate potential threats of surface oil to US coastlines due to the Horizon oil spill. Although impossible to predict, it is possible to analyze where surface oil will go in the coming months. I have attached the map graphic for your review.br />
Read Full Report:
"Deepwater Horizon BP Oil Spill: Modeling the Potential Long Term Movement of Oil"
Contact Information
Dawn Amato
954-895-9746
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– Feb 13th, 2012 –
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30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.61%
15 yr. jumbo rate: 3.97%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Dawn Amato
Premiere Plus Realty Co
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 954-895-9746
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