Sales Stats May 2009Currently 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.
806 Single Family Homes
445 Vacant Lots
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