Sales Stats May 2009

Currently there 2,615 properties on the market. Which is about 9.2% less than last month and 15% less than the same time last year.
This includes:
806 Single Family Homes
445 Vacant Lots
1,256 Condominiums

Of those single family homes, 133 (or 16%) are Foreclosures; short-sale or bank-owned.

180 new properties came on the market in May, 28% less than April 09.

106 properties went pending in May and 132, in April.

A total of 131 properties closed in May, which was a 61% increase from last month. The average sale price in May was $475,012 which is up 2.9% from last month.  But down 37% from the same time last year.

Here is a graph showing inventory levels.


For more information on the Marco Island and Naples areas, please visit www.onmarco.com


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JMS11/20/2012