Sales Stats August 2009

Welcome to this edition of the Real Estate Market Update for the Marco Island and Naples areas.  Plenty has been happening in the real estate market in Southwest Florida.  Right to the statistics... From the MIAAOR - Marco Island and Naples areas.

Stats for July 2009.

Active Listings:
Single Family Homes: 737
Condominiums: 1,223
Vacant Lots: 416

All Property Types:
New listings on the market: 214, 19.2% fewer than in June
Properties pending: 73, 5.8% more than June.
Total pending properties: 214.
Closed properties: 94
Total sold volume: $45.6M

Single Family Homes:
Closed in July: 46
Average sale price: $555K up 7.9% from June
Median sale price: $332K down 7.6% from June

Closed in July: 41
Average sale price: $419K down 1.66% from June
Median sale price: $300K down 2.9% from June

Vacant Lots:
Closed in July: 6
Average sale price: $478K down 21% from June
Median sale price: $600K up 70% from June

Single family homes in foreclosure under $650K
Single family homes in foreclosure over $650K
Condos in foreclosure under $400K
Condos in foreclosure over $400K


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