MARCO ISLAND FEBRUARY 2014 MARKET ACTIVITY

MLS Statistics for MIAAOR (Marco Island Only) – Feb 2014
MARCO MULTI/LIST – Compiled on March 6, 2014
  Feb 2014 Jan 2014 Change Feb 2013  Change
New Listings  
Single Family / RE1 73 90 -18.89% 82 -10.98%
Lots 26 46 -43.48% 29 -10.34%
Multi-family / RE2 79 100 -21.00% 86 -8.14%
Total All Property Types 184 240 -23.33% 205 -10.24%
 
  Feb 2014 Jan 2014 Change Feb 2013 Change
Active Listings  
Single Family / RE1 400 396 1.01% 381 4.99%
Lots 279 278 0.36% 282 -1.06%
Multi-family / RE2 398 402 -1.00% 559 -28.80%
Total All Property Types 1,138 1,135 0.26% 1,284 -11.37%
 
  Feb 2014 Jan 2014  Change Feb 2013 Change
Pending Listings  
Single Family / RE1 63 87 -27.59% 42 50.00%
Lots 26 32 -18.75% 23 13.04%
Multi-family / RE2 84 93 -9.68% 56 50.00%
Total All Property Types 176 214 -17.76% 124 41.94%
 
  Feb 2014 Jan 2014 Change Feb 2013 Change
Single Family/RE1 Sold  
Closed 26 29 -10.34% 39 -33.33%
Average Sale Price ($) $877,369 $750,921 16.84% $667,717 31.40%
Median Sale Price ($) $719,250 $500,000 43.85% $499,000 44.14%
Total Sold Dollar Volume $22,811,600 $21,776,700 4.75% $26,040,950 -12.40%
Closed in 30 Days 0.00% 0.00% 0.00% 5.13% -100.00%
60 Days 15.38% 10.34% 48.72% 15.38% 0.00%
90 Days 3.85% 6.90% -44.23% 12.82% -70.00%
120 Days 11.54% 3.45% 234.62% 17.95% -35.71%
121+ Days 69.23% 79.31% -12.71% 48.72% 42.11%
 
  Feb 2014 Jan 2014 Change Feb 2013 Change
Lots Sold  
Closed 11 20 -45.00% 22 -50.00%
Average Sale Price ($) $439,091 $273,415 60.60% $236,883 85.36%
Median Sale Price ($) $251,000 $231,000 8.66% $193,700 29.58%
Total Sold Dollar Volume $4,830,000 $5,468,300 -11.67% $5,211,427 -7.32%
Closed in 30 Days 9.09% 5.00% 81.82% 9.09% 0.00%
60 Days 9.09% 10.00% -9.09% 9.09% 0.00%
90 Days 18.18% 0.00% 0.00% 13.64% 33.33%
120 Days 9.09% 10.00% -9.09% 4.55% 100.00%
121+ Days 54.55% 75.00% -27.27% 63.64% -14.29%
 
 
  Feb 2014 Jan 2014 Change Feb 2013 Change
Multi-family/RE2 Sold  
Closed 46 38 21.05% 32 43.75%
Average Sale Price ($) $531,047 $529,316 0.33% $509,431 4.24%
Median Sale Price ($) $351,000 $378,000 -7.14% $370,000 -5.14%
Total Sold Dollar Volume $24,428,165 $20,114,000 21.45% $16,301,800 49.85%
Closed in 30 Days 0.00% 0.00% 0.00% 0.00% 0.00%
60 Days 19.57% 18.42% 6.21% 3.13% 526.09%
90 Days 13.04% 10.53% 23.91% 9.38% 39.13%
120 Days 8.70% 15.79% -44.93% 9.38% -7.25%
121+ Days 58.70% 55.26% 6.21% 78.13% -24.87%
 
  Feb 2014 Jan 2014  Change Feb 2013  Change
Total All Property Types Sold  
Closed 87 88 -1.14% 95 -8.42%
Average Sale Price ($) $614,365 $546,693 12.38% $513,939 19.54%
Median Sale Price ($) $489,900 $378,000 29.60% $375,000 30.64%
Total Sold Dollar Volume $53,449,765 $48,109,000 11.10% $48,824,177 9.47%
Closed in 30 Days 2.30% 1.14% 102.30% 4.21% -45.40%
60 Days 16.09% 13.64% 18.01% 9.47% 69.86%
90 Days 10.34% 6.82% 51.72% 11.58% -10.66%
120 Days 9.20% 10.23% -10.09% 11.58% -20.59%
*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, AND THE MARCO ISLAND ASSOCIATION OF REALTORS IS THE SOURCE OF THIS INFORMATION.

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