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.
Wow, how time flies. Can you believe it is May already? We wanted to take a moment and give you a breakdown of the closed sales in April.
This April was much busier than last year. You could feel it with the sheer number of people here in Marco Island and we are grateful to all of our guests who came for some fun in the sun. This April, there were 44 total homes that sold on the island. Of those 44 home sales, 12 were inland homes, two were golf course homes, and the remaining 30 were waterfront properties. The average price of the 44 homes that sold was $924,289. This is well above last years total of homes sold in April. See below how April 2017 stood up vs April in each of the preceding years. Looking for more information? Contact us today.
Today we wanted to share some statistic regarding condo sales in Marco Island. These figures represent closings in April, 2017 and how they stack up against years prior.
This April, there were 57 condominium sales on the island. The average sales price of a condo on Marco was a little over $573,000 compared to $520,000 in April, 2016. Total dollar volume sold for condos in April were over $32 million compared to $26 million last year.
Want 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.