When it comes to working with a real estate agent, there are many ways you can benefit from choosing a professional. But it can be challenging to find the right real estate agent to work with, especially if you have no prior experience in real estate. This becomes even more complicated when trying to choose the best real estate agent in Marco Island, FL. (more…)
This question comes up from time to time in various forms, from, “how much money should I save before buying a house” to “how much money do I need to put down?” or “How Much Money Do You Need To Buy A Home In Marco Island, FL?” While there are financial entertainers out there that will give you a different opinion there is a “facts-based” answer to this. One such entertainer, Dave Ramsey, suggests 20% down. He’s so popular that even popular websites like credit.com and forbes.com recommend this same amount. If you put 20% you’ll be way ahead of the game and that’s outstanding, however, with a median price of $550,000 in Marco Islan, FL, that’s $110,000 cash that most don’t have. (more…)
Happy Monday Everyone,
We hope your week has had a strong start to it. We are going to take some time each week going forward and start analyzing some statistics with you. This week, we decided to start with List Price vs Sales Price. In 2017, the average list price per the Marco Island Multiple Listing Service is $621,233. The average sales price is $578,656 which means that the list/sell ratio is 93.1%. How does this measure up to recent years?
So what does this mean? To us, it shows that when sellers list their properties at a price to sell, then buyers are willing to pay near full price for their new property.
Looking for more information? Contact us today.
Here at Harborview, we like to provide our customers with the latest information regarding products in our area. Today, we wanted to take a quick look at lot sales in April, 2017 vs April in years past. There are currently 314 lots for sale on Marco Island and the average list price is about $720,000. In April, 2017, there were 13 lots that closed with an average sales price around $480,000. Lots sold at about 94% of list price in April, 2017. The average days on market for the sales were 297 days. Below is a statistical graph of total lots sold in April of the past few years. Looking for more information? Contact us today.
Today we wanted to take a moment and give an update on foreclosures in the area. In 2017, this is still a topic that we as real estate agents get asked about frequently. Where can I find one? How good of a deal are they? In the past couple of years, the thought behind them has considerably changed. First, there are very few around. According the SWFLA MLS, there are a total of 43 foreclosures in all of Naples, and just 2 on Marco Island. This is an enormous change from just 5-7 years ago. So now that we know about how many there are in the area, the next question is maybe. Is the goal of the person in charge to sell the property a quickly as possible or is it something else? This is one of the many ways a good real estate agent can be of help to you. Harborview Realty has a great staff of agents that is ready to assist you. Want more information about property in our area? Contact us today.
Wow, is it June already? Can you believe how time flies around here? We wanted to take a moment and share the May statistics for single family homes in Marco Island. In May, 2017 there 51 new listings of single family homes which brought the total to about 335 total home listings on the island. There were 47 homes that closed in May which is a 9% increase over last May. The average sale price for those closings was $990,564 with the median at $785,000. Looking for more information about home sales in Marco Island? Contact us anytime!