Marco Island & Naples Homes -

Joseph Bartos

Joseph A. Bartos, PA and Mary Bartos are licensed in the state of Florida

Phone (239) 732-7837

Fax (239) 394-8040

E-Mail

Premiere Plus Realty

235 N. Collier Blvd
Marco Island, FL 34145

Marco Island Real Estate, Marco Island Homes, Condos and Lots For Sale

The Bartos Group - Your Marco Island Real Estate Expert - Call Us At (239) 394-3040

Marco Island Real Estate Satistics August 2007

Summary

For the most part, August was a mixed bag for the different property categories.

Volume

For single family homes, we saw virtually the mirror image of August 2006 for number of new listings, pending and sales. On the flipside, condos had a horrible month, being 54% lower than last August. Lots, however, enjoyed a 250% increase in volume from last year.

Dollar Values

Average/Median sales prices dwindled in single family homes and lots, indicating that the trend is to buying the lower price brackets of these categories. In contrast, Average/Median sales prices for condos was up by 43%/3%, respectively. Eventhough, volume was down.

We should see continued sluggishness in the activity until we move closer to October. If you're are looking for a great deal, September is the month to negotiate as we prepare to ramp back into season.

MLS Statistics for Marco Island Only - Aug 2007
MARCO MULTI/LIST - Compiled on September 6, 2007
	Aug 2007	July 2007	% Change	Aug 2006	% Change
New Listings
Single Family / RE1	54	49	10.20%	63	-14.29%
Lots	31	22	40.91%	23	34.78%
Multi-family / RE2	59	56	5.36%	66	-10.61%
Total All Property Types	159	132	20.45%	159	0.00%

	Aug 2007	July 2007	% Change	Aug 2006	% Change
Available Listings
Single Family / RE1	748	774	-3.36%	769	-2.73%
Lots	465	467	-0.43%	496	-6.25%
Multi-family / RE2	988	995	-0.70%	1,063	-7.06%
Total All Property Types	2,313	2,341	-1.20%	2,405	-3.83%

	Aug 2007	July 2007	% Change	Aug 2006	% Change
Pending Listings
Single Family / RE1	18	13	38.46%	19	-5.26%
Lots	8	3	166.67%	5	60.00%
Multi-family / RE2	18	19	-5.26%	42	-57.14%
Total All Property Types	44	35	25.71%	67	-34.33%

	Aug 2007	July 2007	% Change	Aug 2006	% Change
Single Family/RE1 Sold
Closed	22	18	22.22%	21	4.76%
Average Sale Price ($)	$806,568	$904,044	-10.78%	$1,236,733	-34.78%
Median Sale Price ($)	$677,500	$672,500	0.74%	$1,000,000	-32.25%
Total Sold Dollar Volume	$17,744,500	$16,272,800	9.04%	$25,971,400	-31.68%
Closed in 30 Days	0.00%	0.00%	0.00%	4.76%	-100.00%
60 Days	4.55%	0.00%	0.00%	4.76%	-4.55%
90 Days	0.00%	5.56%	-100.00%	14.29%	-100.00%
120 Days	4.55%	11.11%	-59.09%	4.76%	-4.55%
121+ Days	90.91%	83.33%	9.09%	71.43%	27.27%

	Aug 2007	July 2007	% Change	Aug 2006	% Change
Lots Sold
Closed	7	5	40.00%	2	250.00%
Average Sale Price ($)	$494,857	$973,600	-49.17%	$1,167,500	-57.61%
Median Sale Price ($)	$425,000	$350,000	21.43%	$1,167,500	-63.60%
Total Sold Dollar Volume	$3,464,000	$4,868,000	-28.84%	$2,335,000	48.35%
Closed in 30 Days	0.00%	20.00%	-100.00%	0.00%	0.00%
60 Days	0.00%	0.00%	0.00%	0.00%	0.00%
90 Days	0.00%	20.00%	-100.00%	50.00%	-100.00%
120 Days	0.00%	0.00%	0.00%	0.00%	0.00%
121+ Days	100.00%	60.00%	66.67%	50.00%	100.00%


	Aug 2007	July 2007	% Change	Aug 2006	% Change
Multi-family/RE2 Sold
Closed	16	22	-27.27%	35	-54.29%
Average Sale Price ($)	$679,650	$889,291	-23.57%	$473,003	43.69%
Median Sale Price ($)	$422,500	$661,250	-36.11%	$409,990	3.05%
Total Sold Dollar Volume	$10,874,400	$19,564,400	-44.42%	$16,555,120	-34.31%
Closed in 30 Days	0.00%	4.55%	-100.00%	0.00%	0.00%
60 Days	6.25%	0.00%	0.00%	5.71%	9.37%
90 Days	6.25%	0.00%	0.00%	2.86%	118.75%
120 Days	0.00%	0.00%	0.00%	2.86%	-100.00%
121+ Days	87.50%	95.45%	-8.33%	88.57%	-1.21%

	Aug 2007	July 2007	% Change	Aug 2006	% Change
Total All Property Types Sold
Closed	45	46	-2.17%	59	-23.73%
Average Sale Price ($)	$712,953	$928,265	-23.20%	$791,297	-9.90%
Median Sale Price ($)	$600,000	$661,250	-9.26%	$590,900	1.54%
Total Sold Dollar Volume	$32,082,900	$42,700,200	-24.86%	$46,686,520	-31.28%
Closed in 30 Days	0.00%	4.35%	-100.00%	1.69%	-100.00%
60 Days	4.44%	0.00%	0.00%	5.08%	-12.59%
90 Days	2.22%	4.35%	-48.89%	8.47%	-73.78%
120 Days	2.22%	4.35%	-48.89%	3.39%	-34.44%
121+ Days	91.11%	86.96%	4.78%	81.36%	11.99%
*All Property Types include Single Family/RE1, Lot, Commercial, Multi-family/RE2, RIN, Dock, Business, Land, and Timeshare properties.
ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED

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